1.82 Acres Hwy 331 S Freeport
Retail-Commercial
for Sale
| Catylist Listing ID: |
30871839 |
| Property Subtypes: |
Mixed Use
|
| Building Size (RSF): |
5,354 SF
|
| Gross Land Area: |
1.82 Acres
|
| Sale Price: |
$1,500,000 |
| Unit Price: |
$280.16 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Freeport Assembly of God |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/27/2024 |
Overview / Comments
This 1.82 acre property is located just south of the new Ships Chandler and only 1.2 miles south of the intersection of US 331 and Hwy 20. Freeport Assembly of God was built in 1959. This 5,354 sf building has watched the surrounding community of Freeport explode over the years. Freeport is the fastest growing city in Walton County and one of the fastest growing cities in the state of Florida.
The property is located in the Municipality of Freeport with a zoning classification of C-1, "General Commercial District". There is a 6" water line on the front of the property. Freeport is quickly expanding their services and may have sewer availability, but a buyer would be advised to verify this directly with the city.
The property has 2 buildings including the church built in 1959 and a mobile home from 1989. The church is 5,354 sf CMU construction with a new roof. The Mobile home is 1,144 sf. and will be removed from the property prior to closing. There are 2 driveway cuts directly on US 331. There is a large, though damaged, sign on the road for the church.
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Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Walton |
| Tax ID/APN: |
221S19230000140000 |
| Zoning: |
C-1 |
| Retail Clientele: |
General, Business, Tourist |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US331 |
| Feet of Frontage: |
250 |
| Traffic/Vehicle Count: |
29,000 |
| Highway Access: |
Direct Access to US HWY 331 |
| Site Description: |
Located on the East side of US 331 just 1.2 miles south of US Hwy 20. |
| Area Description: |
Not Surprising, Freeport is one of the fastest growing cities in Florida. Located just a short drive to the beaches of South Walton, 30A and Seaside, Freeport has become a popular bedroom community. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Year Built: |
1959 |
| Year Renovated: |
2020 |
| Roof Type: |
Gable |
| Construction/Siding: |
Block |
| Parking Description: |
Dirt |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Zoning Description: |
C-1 General Commercial District |
| Lot Frontage: |
250 |
| Lot Depth: |
285 |
| Water Service: |
Municipal |
| Sewer Type: |
Other |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,547 |
4,624 |
| Median Age: |
41.93 |
39.77 |
| Households: |
1,080 |
1,906 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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