Current Use by Public Records
- Land
Property Details for 16913 Us-331
- Lot size
- 1.20 lot acres
- Property type
- Land
Description
This exceptional 1.2-acre commercial land parcel in Freeport, Florida, presents a remarkable investment opportunity. Boasting 150 feet of frontage on US Highway 331, this high-and-dry site enjoys exceptional visibility and accessibility. Located approximately three-quarters of a mile south of the Highway 331/Highway 20 intersection, it benefits from a high daily traffic count of 29,000 vehicles (per 2022 FDOT data). The property's strategic position across from the new Eglin Federal Credit Union in the Riverwalk Subdivision ensures strong visibility and proximity to established businesses. Surrounding retail establishments include Publix, McDonald's, Dairy Queen, Waffle House, Florida First Bank, Hungry Howie's, and Ace Hardware, creating a vibrant and synergistic commercial environment. The wooded lot is considered fully developable, offering significant potential for a variety of commercial ventures. Priced at $950,000, this represents a land value of $791,667 per acre. The property's location in Walton County, Florida, at 16913 US-331, Freeport, FL 32439, offers easy access to major transportation routes and a thriving community. This is an ideal opportunity for developers and investors seeking a prime location with high visibility and strong retail synergy.
Value Estimations
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AI approach
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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
- -86.1253
- Latitude
- 30.4804
