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    Property profile & analytics

    15105 331st Business Freeport, FL 32439-0228

    • Office buildings
    • 2,745 SF
    • 1.80 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Last Sale
    Aug 02, 2023
    Location Intelligence
    Property ID
    US18-3119914
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Discovery Time Playschool / Day Care Center

    Property Details for 15105 331st Business

    Year built
    1999
    Construction
    FRAME
    Lot size
    1.80 lot acres
    Property size
    2,745 SF
    Zone code
    3310
    Property type
    Office buildings
    APN
    10-1S-19-23000-005-0071
    APU
    101S19230000050071

    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
    Walton
    State
    Florida
    Longitude
    -86.13
    Latitude
    30.5118
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,580
    $59,360
    $121,943
    $181,303
    -
    $59,360
    $121,943
    $181,303

    Comparable in this City

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      1,004 SF

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    • Value Estimation by Request
      1,602 SF

      47 Shipyard Rd

      OFFICE BUILDING • 1,602 SF
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    • Value Estimation by Request
      6,664 SF

      1588 State Hwy 20th W

      OFFICE BUILDING • 6,664 SF
      1588 State Hwy 20th W, Freeport, FL 32439-3415
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    • Value Estimation
      $465,000
      1,187 SF

      132 Hales Ln

      OFFICE BUILDING • 1,187 SF
      132 Hales Ln, Freeport, FL 32439-3506
      View Details
    • Value Estimation
      $215,000
      600 SF

      Us Hwy 331

      OFFICE BUILDING • 600 SF
      Us Hwy 331, Freeport, FL 32439
      View Details
    • Value Estimation
      $310,000
      3,259 SF

      18045 Us Hwy 331st S

      OFFICE BUILDING • 3,259 SF
      18045 Us Hwy 331st S, Freeport, FL 32439-4346
      View Details

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    Similar Nearby for Lease

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    • $500 /Mo
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      Freeport Office Suite - 110 SF

      Executive suite, all utilities included. Ideal for small business.
      18235 US Highway 331 S, Freeport, FL 32439
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    • $30 SF/Yr

      Highway 331 Office Space

      3,000 SF office space on 1.4 acres available for lease.
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      View Details
    • $2,700 /Mo

      Freeport Office Space For Rent

      1200 SF office space with included utilities for rent.
      1182 Fl-20, Freeport, FL 32439
      View Details
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    Freeport, FL 32439-0228
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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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