Unit 1.2 Acre Freeport, FL 32439
- Commercial real estate
- 1.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Unit 1.2 Acre
- Lot size
- 1.20 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.2-acre commercial parcel presents a remarkable investment opportunity in the rapidly growing Freeport, Florida market. Boasting 150 feet of frontage on heavily trafficked Highway 331 South, this property enjoys unparalleled visibility with an impressive 29,000 cars passing daily, according to Florida Department of Transportation data. The land is conveniently located just south of the Highway 331 and Highway 20 intersection, on the east side of the road. Its wooded character suggests a high and dry site, ready for development. The property benefits from excellent retail synergy, situated directly across from the new Eglin Federal Credit Union and Riverwalk Subdivision. Nearby established businesses include Publix, McDonald's, Dairy Queen, Waffle House, First Florida Bank, and Ace Hardware, indicating a thriving commercial environment. Freeport's population is experiencing significant growth, with new residential developments adding to the area's expanding consumer base. This prime location offers exceptional potential for a wide range of commercial ventures, capitalizing on the high traffic counts and strong surrounding retail presence. The property is priced at $950,000.
Value Estimation
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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
- -86.1643
- Latitude
- 30.4871
