331 Hwy & State Rd Freeport, FL 32439
- Land
- 25.00 lot acres
Current Use by Public Records
- Land
Property Details for 331 Hwy & State Rd
- Lot size
- 25.00 lot acres
- Property type
- Land
Description
Exceptional 25-acre commercial land parcel for sale in Freeport, Florida, situated at the intersection of US Highway 331 and State Road 20. This strategically located property presents a unique development opportunity within Walton County, Florida's fastest-growing county, experiencing a remarkable 5.6% annual growth rate. The site is zoned AC NON-AG (009900) and boasts a prime location within Freeport, a rapidly expanding city attracting thousands of new residents annually. Its position at the crossroads of major highways ensures high visibility and accessibility, making it ideal for retail development, build-to-rent projects, or senior housing. Surrounded by established commercial and retail centers, as well as new residential communities, this "gateway" location is perfectly positioned to capture significant local, commuter, and tourist traffic. The land is offered at $800,000 - $850,000 per acre. This represents one of the best development sites in the entire market area, offering unparalleled potential for substantial returns in a thriving and dynamic region.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Walton
- State
- Florida
- Longitude
- -86.1198
- Latitude
- 30.4949
