Catylist ID:
#30864484
| Catylist Listing ID: | 30864484 |
| Property Subtypes: | Office, Retail, Retail-Pad |
| Gross Land Area: | 0.44 Acres |
| Sale Price: | $329,000 |
| Unit Price: | $747,727 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/2/2024 |
Overview / Comments
|
Presenting an exceptional opportunity for prime retail, quick-service restaurants (QSR), and mixed-use development in Freeport, FL. The proposed project encompasses approximately 0.436 acres, boasting outstanding visibility from Hwy 331. Strategically positioned off US-331, a major thoroughfare with a notable traffic count of 21,000 Average Annual Daily Traffic (AADT), this development holds significant promise. US-331, extending 150 miles from Santa Rosa Beach, FL, to Montgomery, AL, provides a critical transportation route, enhancing the accessibility and exposure of the site. Positioned adjacent to nationally recognized retailers and businesses such as Publix, McDonald’s, Waffle House, Dairy Queen, FedEx, UPS, Subway, Exxon, Shell, and more, the location is prime for retail growth. This site is poised to become a hub for commercial activities, benefiting from its strategic proximity to established businesses and the dynamic traffic flow along US-331. |
Attachments & Media
Additional Details
| Nearest MSA: | Crestview-Fort Walton Beach-Destin |
| County: | Walton |
| Tax ID/APN: | 151S19230400080101 |
| Property Located Between: | Genoa St and Hwy 331 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Hwy 331 |
| Feet of Frontage: | 100 |
| Lot Frontage: | 100 |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 2,077 | 4,624 |
| Median Age: | 37.13 | 39.77 |
| Households: | 826 | 1,906 |
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