0000 90 DeFuniak Springs, FL 32433
This exceptional 4-acre commercial lot in DeFuniak Springs, Florida, presents a remarkable investment opportunity. Situated at 0000 90 West 2, Walton County, zip code 32433, this level, dry parcel boasts excellent soil conditions. Its strategic location beside a Dollar General store, at the corner of Lancelot Road and Highway 90 West, ensures high visibility and accessibility. Just before the I-10/Highway 90 intersection, this property offers easy access to major transportation routes, making it ideal for businesses needing convenient access to Crestview and beyond. The property's versatility makes it suitable for a wide range of commercial uses, including distribution warehouses (owner-occupier or investor), retail establishments, outdoor storage facilities, or even a small multi-family development. The asking price for this exceptional 4-acre lot is $500,000. Note that this four-acre parcel is part of three parcels totaling four acres. While the other acre, fronting Lancelot Road, is available, it is not included in this listing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.