16660 Us-331 Freeport, FL 32439
- Land
- 1.11 lot acres
Current Use by Public Records
- Land
Property Details for 16660 Us-331
- Lot size
- 1.11 lot acres
- Property type
- Land
Description
This exceptional 1.11-acre commercial land parcel is strategically located on Highway 331 South in Freeport, Florida, boasting a prime location near major retailers such as Publix, McDonald's, Ace Hardware, and more. The rectangular lot measures 204' x 238', offering excellent visibility and accessibility for potential development. This high-traffic area sees approximately 29,000 vehicles daily (FDOT 2022 data), benefiting from the strong retail synergy of the surrounding businesses and the significant residential growth in Freeport. Hundreds of new homes and apartments are planned, further enhancing the area's potential. The property's convenient location provides easy access to the renowned beaches of South Walton County, including Santa Rosa Beach and 30A. The property is zoned for commercial use. A topographic survey and wetland delineation are available upon request, along with potential site plans. This presents a unique opportunity for investors and developers seeking a high-growth market with significant upside potential. The asking price is $929,000. The APN is 22-1S-19-23000-015-0061.
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
- -86.1244
- Latitude
- 30.4832