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Retail Outparcel on Highway 331
For Sale
$979,000

1.1 Acres US Highway 331 South, Freeport, FL 32439

Retail outparcel in Freeport, Florida, near national retailers.

Property SizeContact for details
Lot Size1.11 Acres
Days on Market274

Property Features for 1.1 Acres US Highway 331 South

General Information

Standard status Active
Lot size 1.11 Acres
Property subtype Commercial
Listing Agency: Taylor Allen Properties LLC
Listed By: Brett D Stuart · License #678851
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 9 Last Checked: Aug 29 at 8:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taylor Allen Properties LLC

Investment Insights

Based on property information with market context.

This retail outparcel is located along Highway 331 South in Freeport, Florida. The rectangular parcel measures 204' x 238'. Situated just south of Publix, the location benefits from the surrounding retail synergy. National retailers in the area include Publix, McDonalds, Ace Hardware, Waffle House, Taco Bell, and Cefco convenience store, with several others announced to be coming into the market. The Freeport area has seen the construction of numerous rooftops, and hundreds of new homes and apartments are slated to open soon. Highway 331 serves as the north/south artery providing access to the beaches of South Walton County, including Santa Rosa Beach & 30a. Current traffic counts are 26,000 cars per day, per FDOT 2023.

Key Highlights

  • Prime retail outparcel location on Highway 331 South in Freeport, Florida.
  • Located just south of Publix, benefiting from established retail synergy.
  • High traffic count of 26,000 cars per day (FDOT 2023).

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 32439, FL

12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail outparcel in Freeport, Florida, near national retailers.
Where is this retail space located?
The property is located at 1.1 Acres US Highway 331 South Freeport, FL.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Prime retail outparcel location on Highway 331 South in Freeport, Florida.; Located just south of Publix, benefiting from established retail synergy.; High traffic count of 26,000 cars per day (FDOT 2023).
More about this property
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