0 Us-331 DeFuniak Springs, FL 32435
This exceptional 7.74-acre commercial land parcel in DeFuniak Springs, Florida, presents a remarkable investment opportunity. Located on US Highway 331, this property boasts approximately 6 buildable acres and includes a parcel with an existing highway sign. Its strategic location offers unparalleled visibility and accessibility, situated adjacent to a soon-to-open Tractor Supply store and directly across from the Veteran’s Lodge development, a 150-acre master-planned community. The area is thriving with national retail presence, including Walmart, Lowe's, McDonald's, Chick-fil-A, and many other popular brands. This prime location in Walton County, Florida (zip code 32435), benefits from the state's income tax-free status, making it an even more attractive investment. The property's commercial zoning allows for a wide range of development possibilities, catering to various business needs. With its high traffic count and proximity to established businesses, this land offers significant potential for substantial return on investment. The asking price is $5,495,000.
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.