1347 US HWY 331 Defuniak Springs, FL 32435
This exceptional 3.54-acre commercial parcel presents a remarkable investment opportunity in Defuniak Springs, Florida. Located at 1347 US HWY 331, this property enjoys a highly visible position just north of I-10 and directly across from a Walmart Supercenter. The expansive lot, measuring 250 feet of frontage and 614 feet of depth, is zoned C-2, allowing for a wide range of commercial uses. The area is experiencing significant growth, with new residential subdivisions and major retailers such as Starbucks and Chick-fil-A recently establishing a presence. This surge in development creates a strong demand for retail, hospitality, and dining establishments, making this property ideally suited for entrepreneurs seeking to capitalize on the booming local economy and high traffic counts. The property's size and location offer unparalleled potential for a variety of commercial ventures, promising substantial returns on investment. The asking price is $1,375,000. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.