00 S Hwy 331
Vacant Land
for Sale
| Catylist Listing ID: |
30872407 |
| Property Subtypes: |
Hospitality, Mobile Home Park, Multi-Family, Office, Retail, Retail-Pad
|
| Gross Land Area: |
25 Acres
|
| Sale Price: |
$2,499,000 |
| Unit Price: |
$99,960 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/12/2024 |
Overview / Comments
|
25 acres of prime commercial property with over 400 feet of road frontage strategically located on US Hwy 331 between the booming area of Freeport and Defuniak Springs. Perfect for your commercial venture like hospitality, storage facilities and complimentary businesses near the NW Florida Commerce Park just 2,000 feet north. Within 3.6 miles of the junction of I-10 and US Hwy 331, the main east/west and north/south highway corridor in Walton County. Surrounded by active residential developments with thousand's of single-family homes by the nation's largest home builders. Traffic count of 22982 per day. Existing commercial parcels of this size and location are rare. All information deemed reliable but not guaranteed and prospective buyers must verify the suitability for their use.
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Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Walton |
| Taxing Authority: |
Walton County |
| Tax ID/APN: |
262N19180000220010 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
Freeport and Defuniak Springs |
| Property Visibility: |
Good |
| Legal Description: |
S 412.5 FT OF S1/2 OF NW1/4 W ST RD 83 ORB 58-69 OR 2165-172 OR 2462-1880 |
| Largest Nearby Street: |
US Hwy 331 S |
| Feet of Frontage: |
400 |
| Traffic/Vehicle Count: |
22,982 |
| Highway Access: |
Direct |
| Airports: |
Defuniak Springs Municipal Airport, Destin Private Airport, Destin FWB, and Panama City |
| Site Description: |
25 acre (400'x2550') rectangular parcel with scrub oaks and native fauna |
| Area Description: |
DeFuniak Springs is a city in Walton County, Florida, United States. The population was 6,968 as of the 2020 Census. The county seat of Walton County, the city also serves as a hub for many residents in surrounding communities. In 2019, MSN's Insider Online named the city as the "best small town in Florida".
DeFuniak Springs is home to Lake DeFuniak, one of two spring-fed lakes in the world that is nearly perfectly round. The lake is surrounded by a park with a playground, picnic areas, and a walking trail. The city also has a number of other historical and cultural attractions, including:
The DeFuniak Springs Museum: This museum tells the story of the city's history from its founding in 1854 to the present day.
The Chautauqua Auditorium: This historic auditorium was built in 1885 and is listed on the National Register of Historic Places. It is now used for a variety of events, including concerts, plays, and lectures.
The DeFuniak Springs Opera House: This beautiful opera house was built in 1906 and is also listed on the National Register of Historic Places. It is now used for a variety of performances, including concerts, plays, and musicals.
The Lake DeFuniak State Park: This park offers a variety of activities, including swimming, fishing, boating, and camping.
DeFuniak Springs is a charming city with a rich history and a variety of attractions. It is a great place to visit for a weekend getaway or a longer vacation. |
| Lot Frontage: |
400 |
| Lot Depth: |
2550 |
| Zoning Description: |
Commercial |
| Topography: |
Level |
| Easements: |
Electric Lines, Ingress/Egress, Utilities |
| Easements Description: |
Utilities |
| Available Utilities: |
Electric, Water, Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
848 |
2,108 |
| Median Age: |
47.27 |
48.75 |
| Households: |
351 |
853 |
|
© Copyright 2024 Moody's. All Rights Reserved.
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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