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

    20515 Us Hwy 331st S Freeport, FL 32439-4914

    • Warehouses
    • 5,130 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $585,000
    Last Sale
    Dec 30, 2020
    $580,000
    Location Intelligence
    Property ID
    US18-4336571
    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 20515 Us Hwy 331st S

    Year built
    1984
    Construction
    WOOD FRAME
    Lot size
    0.46 lot acres
    Property size
    5,130 SF
    Zone code
    3310
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    04-2S-19-24000-001-0100
    APU
    042S19240000010100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $565,000

    • CAP approach

      CAP return
      Estimation
      6%
      $605,000
      6.5%
      $575,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $655,000
      Geo Method
      $570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $630,000
      Retail
      $525,000
      Mixed-Use
      $570,000
      Hospitality
      $500,000
      Educational
      $495,000
      Residential Income
      $490,000
      Energy
      $515,000
      Income-Based Land
      $495,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.15
    Latitude
    30.437
    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
    $1,644
    $147,728
    $147,122
    $294,850
    -
    $147,728
    $147,122
    $294,850

    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

      Two freestanding buildings and warehouse on 4 acres in Freeport.
      15167 331 Business, 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
    • $2,750,000
      3.41 Acres

      Freeport Industrial Land - 3.41 Acres

      Prime Freeport industrial land, Hwy 331 frontage.
      20502 Us-331, Freeport, FL 32439
      View Details
    • $950,000
      1.20 Acres

      High-Visibility Freeport Commercial Land

      1.2 Acres, Hwy 331 Frontage, High Traffic
      Unit 1.2 Acre, Freeport, FL 32439
      View Details
    • $1,250,000
      2.82 Acres

      Freeport Commercial Land - $1.25M

      2.82 Acres, Prime Commercial Zoning
      1384 Fl-20, Freeport, FL 32439
      View Details
    • $929,000
      1.11 Acres

      Freeport Commercial Land Parcel

      1.11 Acres, Hwy 331 South, High Traffic
      16660 Us-331, 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
    • $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
    • $14 SF/Yr
      8,800 SF

      Freeport Flex Space: 1,500-8,800 SF

      Flexible industrial space in prime Freeport location.
      13295 US-331 BUS, 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.
    20515 Us Hwy 331st S
    Freeport, FL 32439-4914
    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.