00 Knox Hl Rd DeFuniak Springs, FL 32455
This exceptional 110-acre vacant land parcel presents a unique investment opportunity in Ponce De Leon, Florida. Located at 00 Knox Hill Road, this property boasts 670 feet of paved frontage, providing excellent accessibility. The asking price is $467,500. Strategically situated just four miles south of Interstate 10, this location offers convenient access to major transportation routes. Furthermore, the property's proximity to the renowned South Walton Beaches (30a), approximately a 30-minute drive, adds significant appeal. The expansive acreage provides ample potential for various development projects, making it an attractive proposition for investors seeking a substantial land holding in a desirable Florida location. The property's zoning and permitted uses should be independently verified by prospective buyers. The zip code for this property is 32455, situated in Walton County. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area of Florida. Detailed surveys and environmental reports are recommended for due diligence. The property is conveniently located in the city of Ponce De Leon, with DeFuniak Springs also nearby.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.