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Property profile & analytics
OFF-MARKET
Lifestyle centers

15948 Us-331 Bus Freeport, FL 32439

10,490 SF 1.43 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This Freeport, FL retail center presents a compelling investment opportunity. The 10,490 square foot property, situated on a 1.43-acre lot, boasts a prime location on US-331 BUS with 230 feet of frontage and high daily traffic counts (12,500 on US-331 BUS and 21,000 on SR 20). Currently 100% occupied by two tenants with month-to-month leases, generating immediate income streams. The building, constructed in 1940 and renovated in 1970, features a versatile layout including a back warehouse area with two roll-up doors (one 8x8 ft and one 8x10 ft), ideal for loading and unloading. The property is zoned C-1 General Commercial, allowing for a variety of uses including retail, restaurants, and service providers. The asking price is $2,250,000 ($214.49/sq ft). Seller financing is available, and leasing options may be considered. This property offers significant potential for growth and expansion within a rapidly developing community. The total building area is 14,051 square feet, with ample parking (13 spaces with room for more). The property is owned in fee simple.

Property profile
Verified
Property type Lifestyle centers
Year built 1940
Total area 10,490 SF
Lot 1.43 ac (62,291 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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