Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1347 US HWY 331 Defuniak Springs, FL 32435

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1347 US HWY 331

    Property type
    Land
    Property subtype
    Commercial land

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Defuniak Springs
    County
    State
    Florida

    Comparable in this City

    • $595,000
      0.37 Acres

      Prime DeFuniak Springs Commercial Lot

      High-traffic corner lot, ready to build.
      24 W Orange Ave, Defuniak Springs, FL 32435
      View Details
    • $250,000
      5.03 Acres

      DeFuniak Springs Multi-Use Land

      5.03 acres in high-traffic area near I-10 and Walmart.
      122 Bruce Ave, Defuniak Springs, FL 32435
      View Details
    • $8,500,000

      100 Acre Development Opportunity

      100-acre mixed-use development opportunity in a high-growth market.
      Sparkleberry Parcels, Freeport, FL 32435
      View Details
    • $5,495,000
      7.74 Acres

      Prime DeFuniak Springs Commercial Land

      7.74 Acres, Hwy 331 Frontage, High Traffic
      0 Us-331, DeFuniak Springs, FL 32435
      View Details
    • $80,000

      1.39 Acres of Wooded Land

      Wooded 1.39-acre property in a quiet, rural setting.
      Xxx Douglass Xrd, Defuniak Springs, FL 32435
      View Details
    • $245,000
      1.02 Acres

      Lakefront Lot on US Hwy 331

      1.02 acre lakefront lot with highway frontage.
      S Us Highway 331, Defuniak Springs, FL 32435
      View Details

    Similar Nearby for Sale

    • $595,000
      0.37 Acres

      Prime DeFuniak Springs Commercial Lot

      High-traffic corner lot, ready to build.
      24 W Orange Ave, Defuniak Springs, FL 32435
      View Details
    • $250,000
      5.03 Acres

      DeFuniak Springs Multi-Use Land

      5.03 acres in high-traffic area near I-10 and Walmart.
      122 Bruce Ave, Defuniak Springs, FL 32435
      View Details
    • $8,500,000

      100 Acre Development Opportunity

      100-acre mixed-use development opportunity in a high-growth market.
      Sparkleberry Parcels, Freeport, FL 32435
      View Details
    • $4,500,000
      10.00 Acres

      Prime Freeport Commercial Land

      10 Acres, Highway 331 Frontage
      331 Head Rd & Hwy, Freeport, FL 32435
      View Details
    • $110,000

      Wooded Acreage Near Highway 331

      10-acre wooded parcel with creek, convenient highway access.
      Strickland Rd, Defuniak Springs, FL 32435
      View Details
    • $5,495,000
      7.74 Acres

      Prime DeFuniak Springs Commercial Land

      7.74 Acres, Hwy 331 Frontage, High Traffic
      0 Us-331, DeFuniak Springs, FL 32435
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      30,000 SF

      Mossy Head Industrial Space

      Prime Florida industrial space for lease.
      1060 Mossy Head Plaza Dr, Defuniak Springs, FL 32435
      View Details
    • Contact for pricing
      553,200 SF

      Emerald Coast Logistics Center

      Modern Distribution Space in Defuniak Springs, FL
      1060 Mossy Head Plaza Dr, DeFuniak Springs, FL 32435
      View Details
    • Contact for pricing
      108,428 SF

      New Class A Distribution Warehouse

      Class A distribution/warehouse space available in Florida's Emerald Coast.
      1060 Mossy Head Plz Dr, Defuniak Springs, FL 32435
      View Details
    • $16 SF/Yr
      17,751 SF

      Medical Office Building Near Hospital

      Multi-tenant medical office building adjacent to the area hospital.
      4415 Us-331, Defuniak Springs, FL 32435
      View Details
    • $16 SF/Yr
      1,680 SF

      Defuniak Springs Medical Office Suite 400

      1,680 SF Office Space for Lease in MOB
      4415 US Highway 331 S, Defuniak Springs, FL 32435
      View Details
    • $15 SF/Yr
      2,439 SF

      Prime Defuniak Springs Retail Space

      Historic District, 2,439 SF, NNN Lease
      852 Baldwin Ave, Defuniak Springs, FL 32435
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1347 US HWY 331
    Defuniak Springs, FL 32435
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.