Marquis Crossings- Freeport FL

Vacant Land for Sale
Catylist Listing ID: 30499296
Property Subtypes: Hospitality, Multi-Family, Retail, Retail-Pad, Self Storage
Gross Land Area: 1 - 12 Acres
Sale Price: $6 - 17 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2019

Overview / Comments

Available: Land for Purchase / Development ranging from 1 acre to 12 acres known as Marquis Crossings in Freeport FL. This commercial subdivision is located at the SE corner of Highway 331 & Marquis Way at the new traffic signal servicing the Publix Shopping Center. This site is 1⁄4 mile south of the intersection of Highway 20 & Highway 331with a hard corner that has recently been sold to Taco Bell (expected completion 2nd quarter of 2020). Other retail synergy in the market consist of Publix, McDonalds, Dairy Queen, Waffle House, Florida First Bank, Hungry Howies, Ace Hardware and others. Currently, Marquis Crossings has approximately 2.5 acres of frontage on Hwy 331 available along with 1 to 9.5 acres accessible by Marquis Way and Old Jolly Rd. Site plan attached to better understand the development possibilities at Marquis Crossings. Florida DOT traffic counts along Highway 331 are 19,000 trips per day. Average Household income is $75,400. Property is Zoned C-1 in the City of Freeport. Highway 331 is the main traffic corridor for over 4 Million visitors to the famous "Beaches Of South Walton" with an economic impact of over $4.4 Billion dollars annually.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County
Tax ID/APN: 23-1S-19-23000-001-0041
Zoning: C1 COMMERCIAL
Property Located Between: Santa Rosa Beach & Defuniak Springs
Property Visibility: Excellent
Largest Nearby Street: Hwy 331
Feet of Frontage: 450
Traffic/Vehicle Count: 19,000
Highway Access: Hwy 331 & Hwy 20
Lot Frontage: 450
Lot Depth: 930
Zoning Description: C1 Commercial
Development Name: Marquis Crossings
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,026 4,624
Median Age: 43.35 39.77
Households: 442 1,906

Contact

Photograph of Listing Agent

Chad Knaepple CCIM, SIOR

Taylor Allen Properties LLC Gulf Coast CMLS Member
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