Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    160 Industrial Park Rd Freeport, FL 32439-3117

    • Manufacturing properties
    • 5.96 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7146880
    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

    • CWR Contracting, Inc. / General Contractor / Construction Company

    Property Details for 160 Industrial Park Rd

    Lot size
    5.96 lot acres
    Property type
    Manufacturing properties
    APN
    34-1N-19-17000-002-0060
    APU
    341N19170000020060

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.1244
    Latitude
    30.5334
    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
    $4,001
    $306,642
    $0.00
    $306,642
    -
    $306,642
    $0.00
    $306,642

    Comparable in this City

    • Value Estimation
      $865,000
      31,200 SF

      Us Hwy 331

      MANUFACTURING (LIGHT) • 31,200 SF
      Us Hwy 331, Freeport, FL 32439
      View Details
    • Value Estimation by Request
      6,084 SF

      17921 Us Hwy 331st S

      MANUFACTURING (LIGHT) • 6,084 SF
      17921 Us Hwy 331st S, Freeport, FL 32439-9810
      View Details
    • Value Estimation
      $2,590,000
      9,150 SF

      143 Yacht Dr

      HEAVY MANUFACTURING • 9,150 SF
      143 Yacht Dr, Freeport, FL 32439-3508
      View Details
    • Value Estimation by Request
      1,725 SF

      48 Commerce Ln Ste, Unit 1

      MINI-WAREHOUSE, STORAGE • 1,725 SF
      48 Commerce Ln Ste, Freeport, FL 32439-4557
      View Details
    • Value Estimation by Request
      7,000 SF

      26 Stella Dr

      WAREHOUSE, STORAGE • 7,000 SF
      26 Stella Dr, Freeport, FL 32439-4047
      View Details
    • Value Estimation by Request
      2,628 SF

      17404 Us Hwy 331st S

      STORAGE YARD, OPEN STORAGE • 2,628 SF
      17404 Us Hwy 331st S, Freeport, FL 32439-4244
      View Details

    Similar Nearby for Sale

    • $2,750,000
      3.41 Acres

      Freeport Industrial Land - 3.41 Acres

      Prime Freeport industrial land, Hwy 331 frontage.
      20502 Us Highway 331, Freeport, FL 32439
      View Details
    • Contact for pricing
      7,000 SF

      435 83A Hwy, Freeport, FL 32439

      Industrial properties • 7,000 SF
      435 83A Hwy, Freeport, FL 32439
      View Details
    • $100,000

      Freeport Land Parcel on Magnolia

      0.51 acre land parcel in LaGrange Shores neighborhood.
      Magnolia Dr, Freeport, FL 32439
      View Details
    • $100,000
      0.51 Acres

      Freeport Residential Land - $100K

      0.51-acre lot, prime location.
      0 Magnolia Dr, Freeport, FL 32439
      View Details
    • $750,000

      Freeport Wooded Land For Sale

      Ten acres of wooded land centrally located in Freeport, Florida.
      000 County Highway 83A W, Freeport, FL 32439
      View Details
    • $325,000

      Land For Sale

      Land available for sale in Freeport, Florida.
      000 Johns Ln, Freeport, FL 32439
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      11,600 SF

      Freeport Flex Space: 2,000-11,600 SF

      Flexible Freeport Industrial Space for Lease
      13295 US-331 BUS, Freeport, FL 32439
      View Details
    • $14 SF/Yr
      11,600 SF

      Freeport Flex Space - 11,600 SF

      Flexible Industrial Space in Freeport, FL
      13295 US-331 BUS, Freeport, FL 32439
      View Details
    • $21 SF/Yr
      39,986 SF

      40,000 SF Warehouse Development

      High-visibility warehouse space with easy highway access in growing market.
      20431 Us Highway 331 S, Freeport, FL 32439
      View Details
    • $14 SF/Yr
      2,500 SF

      Freeport Industrial Space Available

      2,500 SF Warehouse/Office Space for Lease
      363 Bulldog Rd, Freeport, FL 32439
      View Details
    • $21 SF/Yr
      39,986 SF

      Freeport Flex Space Development

      40,000 SF development with high visibility and easy highway access.
      20431 Us Highway 331 S, Freeport, FL 32439
      View Details
    • $16 SF/Yr
      20,000 SF

      Freeport, FL Industrial Space For Lease

      20,000 SF Flex/R&D space in prime location.
      13295 US-331 BUS, Freeport, FL 32439
      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.
    160 Industrial Park Rd
    Freeport, FL 32439-3117
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!