19494 Us Highway 331 Freeport, FL 32439
- Commercial real estate
- 14.44 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 19494 Us Highway 331
- Lot size
- 14.44 lot acres
- Property type
- Commercial real estate
Description
This exceptional 14.4-acre commercial property in Freeport, Florida, presents a unique investment opportunity. Strategically located just north of the Clyde Wells Bridge, it offers unparalleled access to South Walton and its renowned beaches. The property boasts significant highway frontage – approximately 300 feet on US Highway 331 and an additional 550 feet on Laird Drive (Davis Road, as shown on various maps and legal documents, is the private access drive owned by the seller). A portion of the land is designated for commercial use, while the remainder is zoned as rural residential per Walton County Land Use. According to the Northwest Florida Water Management District (NWFWMD) flood map, a substantial 68% of the property falls within Zone X. The property's natural beauty is undeniable, featuring mature oak trees and showcasing the charm of "Old Florida." Adding to its appeal are its waterfront features: it borders Mallet Bayou, which flows into Choctawhatchee Bay, and includes a small pond with a dam. The property remains undeveloped, offering a blank canvas for a wide range of commercial ventures. Its location within Walton County ensures access to essential amenities and infrastructure. This is a rare opportunity to acquire a significant parcel of land with exceptional visibility and access in a high-growth area. The asking price is $4,250,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Walton
- State
- Florida
- Longitude
- -86.13739
- Latitude
- 30.44722
