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Highway Retail Outparcel
For Sale
$979,000

1.1 Acres US Highway 331 S, Freeport, FL 32439

Commercial for Sale, Freeport, FL

Property SizeContact for details
Lot Size1.11 Acres
Days on Market677

Property Features for 1.1 Acres US Highway 331 S

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions Property located just south of Publix on the west side of Highway 331 south. Property is surrounded by Builders Showcase property.
Subdivision 20 - Freeport
Standard status Active
APN 22-1S-19-23000-015-0061
Lot size 1.11 Acres

Taxes and HOA fees

Tax Description COM NW/C OF SEC RUN S 00 DEG 35'E 1120FT TO POB, S 13 DEG 13'18''W 133.35FT RUN S 18 DEG 08'43''W 96.65FT RUN N 83 DEG 35'39''E 239.41FT TO W ROW OF ST RD #331, N 18 DEG 08'43''E ALONG ROW 204.80FT TO S SIDE OF PROPOSED 60FT RD, S 89 DEG 48'38''W 237.41FT TO THE POB OR 517-230 OR 2897-2138 OR 3227-4585
Legal Description COM NW/C OF SEC RUN S 00 DEG 35'E 1120FT TO POB, S 13 DEG 13'18''W 133.35FT RUN S 18 DEG 08'43''W 96.65FT RUN N 83 DEG 35'39''E 239.41FT TO W ROW OF ST RD #331, N 18 DEG 08'43''E ALONG ROW 204.80FT TO S SIDE OF PROPOSED 60FT RD, S 89 DEG 48'38''W 237.41FT TO THE POB OR 517-230 OR 2897-2138 OR 3227-4585
Listing Agency: Taylor Allen Properties LLC
Listed By: Brett D Stuart · License #678851
Added: Nov 14, 2024 Changed: Sep 11 Last Checked: Sep 22 at 1:06PM
MLS# 963029

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.11-acre commercial land parcel is configured as a rectangular site measuring 204' x 238'. Zoned Commercial, the property is positioned for retail-oriented development along US Highway 331 S in Freeport, Florida.

The site is located south of Publix and near a group of national and regional retailers, including McDonalds, Ace Hardware, Waffle House, Taco Bell, and Cefco convenience store. Highway 331 serves as a north-south route connecting the area with South Walton County beaches, including Santa Rosa Beach and 30A. FDOT 2023 traffic counts report 26,000 cars per day.

Key Highlights

  • 1.11‑acre commercial land parcel
  • 204' x 238' rectangular configuration
  • Commercial zoning

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

175
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial parcel positioned along a major north-south route near established retail and planned residential development.
Where is this commercial land located?
The property is located at 1.1 Acres US Highway 331 S 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: 1.11‑acre commercial land parcel; 204' x 238' rectangular configuration; Commercial zoning
More about this property
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