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US Highway 331 S

108 Acres of Commercial Land Offered at $9,000,000 in Freeport, FL 32439

Investment Highlights

  • Waterfront and Commercial Acreage in Walton County, FL, one of the fastest growing Counties in the Country.
  • Approx. 825 Feet of Hwy frontage & two separate entry points.
  • Rare waterfront acreage tract on LaGrange Bayou (ICW) and Highway 331 South!

Executive Summary

Seller prefers to sell tract in its entirety, but will consider selling smaller tracts on a case by case basis. Tracts can be sold separately or as an entire resort or residential development property.

Property Facts Under Contract

Price $9,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units
  • Apartment Units - Senior
  • Master Planned Community
  • Neighborhood Center
  • Planned Unit Development
Total Lot Size 108.00 AC

1 Lot Available

Lot

Price $9,000,000
Price Per AC $83,333
Lot Size 108.00 AC

PRIME LOCATION on west side/south-bound of Highway 331 South. Waterfrontage at the headwaters of LaGrange Bayou and Four Mile Creek (Intracoastal Waterway). Full median cut located in the center of Highway Frontage. City Utilities available to site

Description

108+/- Acres on the ICW & Four Mile Creek already Zoned for Development. Within the Freeport City Limits, this Acreage has approx. 30 Acres Zoned for Commercial & approx. 32 Acres for Single & Multi-Family Residential. Very few Waterfront tracts available for Development in Walton County! Wetlands study complete & delineated with approx. 62 acres Uplands & 46 acres wetlands. Wooded tract w/Pines, Magnolias, Oaks, etc. Freeport is growing with new Commercial Development - Publix Shopping Center, new Bank, Dairy Queen, MacDonald's, Ace Hardware, Waffle House (under construction), new retail shops & more! Join in the Growth!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-1S-19-23000-020-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,906

zoning

Zoning Code GC (General Commercial)
GC (General Commercial)
  • Listing ID: 20103179

  • Date on Market: 4/14/2020

  • Last Updated:

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

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