331 Head Rd & Hwy Freeport, FL 32435
This exceptional 10-acre commercial land parcel presents a remarkable development opportunity in the rapidly growing Freeport, Florida market. Strategically located on Owl's Head Road and U.S. Highway 331, the property boasts unparalleled visibility and accessibility, placing it on a major thoroughfare leading to the highly sought-after beaches of South Walton and 30A. Its prime location offers significant advantages, situated near several recently constructed residential developments, including both single-family and multi-family communities. This translates to a robust and expanding potential customer base for any commercial venture. The expansive lot size allows for considerable flexibility in development plans, with the possibility of subdivision to accommodate multiple projects or tailored to a single, large-scale development. The asking price for this exceptional property is $4,500,000. Given its location, size, and potential, this represents a compelling investment opportunity in a thriving Florida market. The property's zoning and potential uses should be independently verified. Don't miss this chance to secure a prominent position in one of Florida's fastest-growing areas. The property is located in Walton County, Florida, with a zip code of 32435.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.