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    Highway 331 South Freeport, FL

    • Land
    For Sale
    View listing
    $950,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Highway 331 South

    Property type
    Land
    Property subtype
    Commercial land

    Description

    1.2 acres +/- vacant commercial land with 150 feet fronting Highway 331. It is located just south of the Highway 331 / Highway 20 intersection roughly 3/4 mile. This site is located across the street from the new Eglin Federal Credit Union at Riverwalk Subdivision. This site is wooded and appears to be high & dry. Current traffic count of 29,000 per day, per 2022 FDOT. Other retail synergy in the market consist of Publix, McDonalds, Dairy Queen, Waffle House, Florida First Bank, Hungry Howies, Ace Hardware and others.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    State
    Florida
    Longitude
    -86.1223
    Latitude
    30.4883

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    Highway 331 South
    Freeport, FL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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