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Property profile & analytics
OFF-MARKET
Land

331 & Jolly Bay Road Freeport, FL 32439

2.06 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.06-acre commercial land parcel presents a unique investment opportunity in Freeport, Florida. Strategically located at the hard corner of Jolly Bay Road and Highway 331 South, this property boasts unparalleled visibility and accessibility. The site benefits from being situated at the first lighted intersection north of the Highway 331 Bridge, ensuring high traffic exposure. With over 30,000 vehicles passing daily on Highway 331, this location offers significant potential for a variety of commercial ventures. The property is zoned for General Commercial use, providing flexibility for development. Its "high and dry" elevation eliminates concerns related to flooding. The location is also highly advantageous, situated on the main thoroughfare leading to the renowned Beaches of South Walton/30A, attracting a substantial volume of tourists and residents. The asking price for this exceptional development site is $1,995,000. This represents a compelling investment opportunity given the prime location, high traffic counts, and favorable zoning. Don't miss this chance to secure a prominent position in a thriving Florida market.

Property profile
Verified
Property type Land
Lot 2.06 ac (89,734 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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