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Property profile & analytics
FOR SALE
Retail space

93 Madison St Freeport, FL 32439

1,440 SF 0.44 ac lot Built 1972
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-6025379
Property summary
AI-generated overview

This exceptional 0.43-acre commercial land parcel presents a unique investment opportunity in Freeport, Florida. Strategically located off Main Street, this property enjoys close proximity to the town center, ensuring high visibility and accessibility. The site is directly adjacent to a brand-new Family Dollar/Dollar Tree combination store, guaranteeing significant foot traffic and consumer presence. Development possibilities are abundant, with options for sale, ground lease, or build-to-suit arrangements. The property's commercial zoning allows for a wide range of uses, making it ideal for various businesses. Its convenient location is further enhanced by its proximity to Freeport High School, approximately four miles away. The parcel number is 15-1S-19-23040-008-0101. This prime location, coupled with the existing retail presence and flexible development options, makes this an attractive proposition for investors seeking a strong return on investment in a thriving community. The property's address is 93 Madison St, Freeport, FL 32439, within Walton County. This is a rare opportunity to acquire a well-situated commercial lot with significant potential for growth and development. Don't miss out on this chance to secure a piece of Freeport's vibrant commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Construction CONCRETE BLOCKS
Total area 1,440 SF
Lot 0.44 ac (18,992 SF)
APN 15-1S-19-23040-008-0101
UPID US18-6025379
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Trc Freeport 2 LLC · 3 yrs held
Trc Freeport 2 LLC
since 2022
Last sale
$21,500
5 recorded transactions
2022
$21,500
2022
Price N/A
2022
Price N/A
2019
$100
2019
$595,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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