You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

1187 Us Highway 331 DeFuniak Springs, FL 32435

16 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 16-acre development opportunity in Defuniak Springs, Florida, zoned for commercial use. This strategically located parcel, with APN 02-2N-19-18000-035-0000, presents significant growth potential in an up-and-coming area of Walton County. The property's address is 1187 US HWY 331 S, Defuniak Springs, FL 32435, conveniently situated approximately half a mile north of I-10. Surrounded by established national retailers including Subway, Taco Bell, Arby's, Dunkin' Donuts, Walgreens, Murphy's USA, AT&T, Lowe's, Walmart, and Econo Lodge, this site is ideally suited for multi-family development. The area is experiencing significant growth, further enhanced by the ongoing construction of the Veterans Lodge development, which is expected to attract additional residents. This presents a unique chance to capitalize on the expanding market and strong commercial presence. The asking price for this substantial land parcel is $1,500,000.

Property profile
Verified
Property type Land
Lot 16 ac (696,960 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1187 Us Highway 331?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message