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    Property profile & analytics

    16564 Us Hwy 331st Sa Freeport, FL 32439-4151

    • Warehouses
    • 4,400 SF
    • 6.89 lot acres
    OFF-MARKET
    Value Estimation
    $5,310,000
    Last Sale
    Sep 20, 2023
    $5,500,000
    Location Intelligence
    Property ID
    US18-4465923
    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

    • Warehouses

    Property Details for 16564 Us Hwy 331st Sa

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    6.89 lot acres
    Property size
    4,400 SF
    Zone code
    3310
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    23-1S-19-23000-001-0031
    APU
    231S19230000010031

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,025,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,845,000
      6.5%
      $5,410,000
      7%
      $4,965,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,840,000
      Geo Method
      $5,095,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,765,000
      Retail
      $5,410,000
      Mixed-Use
      $5,270,000
      Hospitality
      $7,215,000
      Educational
      $5,835,000
      Residential Income
      $7,035,000
      Energy
      $6,290,000
      Income-Based Land
      $6,080,000
      Food Service
      $7,260,000

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.1245
    Latitude
    30.4857
    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
    $39,187
    $2,700,000
    $300,045
    $3,000,045
    -
    $2,700,000
    $300,045
    $3,000,045

    Comparable in this City

    • Value Estimation by Request
      1,725 SF

      48 Commerce Ln Ste, Unit 2

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

      48 Commerce Ln Ste, Unit 5

      MINI-WAREHOUSE, STORAGE • 1,725 SF
      48 Commerce Ln Ste, Freeport, FL 32439-4557
      View Details
    • Value Estimation by Request
      11,986 SF

      102 Industrial Park Rd

      MINI-WAREHOUSE, STORAGE • 11,986 SF
      102 Industrial Park Rd, Freeport, FL 32439
      View Details
    • Value Estimation by Request
      20,000 SF

      26 Site 6th Rd

      MINI-WAREHOUSE, STORAGE • 20,000 SF
      26 Site 6th Rd, Freeport, FL 32439-2564
      View Details
    • Value Estimation by Request
      7,920 SF

      14905 331st Business

      MINI-WAREHOUSE, STORAGE • 7,920 SF
      14905 331st Business, Freeport, FL 32439-0227
      View Details
    • Value Estimation by Request
      11,282 SF

      78 Nick Wilson Way

      MINI-WAREHOUSE, STORAGE • 11,282 SF
      78 Nick Wilson Way, Freeport, FL 32439-3104
      View Details

    Similar Nearby for Sale

    • $3,495,000

      Freeport Commercial Campus Opportunity

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    • Contact for pricing
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      Industrial properties • 7,000 SF
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      3.41 Acres

      Freeport Industrial Land - 3.41 Acres

      Prime Freeport industrial land, Hwy 331 frontage.
      20502 Us-331, Freeport, FL 32439
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    • $4,000,000
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      117.5 Acres, Prime Hwy 20 Location
      3717 Fl-20, Freeport, FL 32439
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    • Contact for pricing
      5.00 Acres

      Freeport Commercial Land Opportunity

      5-Acre Retail/Restaurant Site, High Traffic
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    Similar Nearby for Lease

    • $16 SF/Yr
      5,000 SF

      Freeport Flex Space: 1,500-5,000 SF

      Versatile Freeport industrial space, ideal for various businesses.
      13295 US-331 BUS, Freeport, FL 32439
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    • $1,350,000
      6,914 SF

      Freeport Office/Warehouse with Fenced Yard

      Freestanding office/warehouse with large fenced yard in Freeport, Florida.
      107 Industrial Ct, Freeport, FL 32439
      View Details
    • $16 SF/Yr
      7,500 SF

      New Freeport Office/Warehouse Development

      New Class A business park in Freeport, available Q1 2026.
      331 Business, 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

      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
    • $18 SF/Yr
      3,300 SF

      Freeport Flex Space: 1,600-3,300 SF

      Prime Freeport industrial space for lease. Ideal for diverse businesses.
      13295 US-331 BUS, Freeport, FL 32439
      View Details
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    Freeport, FL 32439-4151
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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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