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US Highway 331 Hwy - Retail/Commercial Development Opportunity

25 Acres of Commercial Land in Freeport, FL 32439

Investment Highlights

  • Over 30,000 average daily traffic, and growing rapidly
  • Great visibility and access, with frontage along both US 331 and State Road 20 the “Main & Main” intersection of Freeport, FL

Executive Summary

Retail parcels available, along with potential build-to-rent and/or senior housing opportunity. Great visibility and access, with frontage along both US 331 and State Road 20, the “Main & Main” intersection of Freeport, FL and the primary gateway to the famous Beaches of South Walton.
Located at the intersection of US Hwy 331 and State Road 20, and surrounded by the market’s primary commercial/retail destination uses and new residential communities, this site is ideally positioned to capture local, commuter, and tourist driven retail traffic. One of the best development sites in the entire market area, this is truly a "gateway“ location for all the destination beach communities, and central to the region‘s massive growth. Prime retail/commercial opportunity in the heart of Walton County!

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units - Senior
Total Lot Size 25.00 AC
Cross Streets State Road 20

1 Lot Available

Lot

Lot Size 25.00 AC

Retail parcels available, along with potential build-to-rent and/or senior housing opportunity. Great visibility and access, with frontage along both US 331 and State Road 20, the “Main & Main” intersection of Freeport, FL

Description

Retail parcels available, along with potential build-to-rent and/or senior housing opportunity. Located at the intersection of US Hwy 331 and State Road 20, and surrounded by the market’s primary commercial/retail destination uses and new residential communities, this site is ideally positioned to capture local, commuter, and tourist driven retail traffic. One of the best development sites in the entire market area, this is truly a „gateway“ location for all the destination beach communities, and central to the region‘s massive growth. Premier location in Freeport, FL, the fastest growing city in the fastest growing county in Florida - expanding at a 5.6% annual clip, with thousands of new residents arriving each year. Prime Retail/commercial opportunity in the heart of Walton County!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-1S-19-23000-012-0020
Land Assessment
£3,786,456
Improvements Assessment
£0
Total Assessment
£3,786,456

zoning

Zoning Code 009900 - AC NON-AG (009900 - AC NON-AG)
009900 - AC NON-AG (009900 - AC NON-AG)
  • Listing ID: 32308836

  • Date on Market: 01/07/2024

  • Last Updated:

  • Address: US Highway 331 Hwy, Freeport, FL 32439

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