Prime Industrial Property: 85.8 Acres on Hwy 20 in Freeport, FL

Vacant Land for Sale
Catylist Listing ID: 30868476
Property Subtypes: Industrial
Gross Land Area: 85.88 Acres
Sale Price: $12,000,000
Unit Price: $139,729 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/1/2024

Overview / Comments

Welcome to an unparalleled opportunity for industrial development in the rapidly growing area of Freeport, FL! This is 85.8 acres of prime real estate along Hwy 20, this expansive parcel of land boasts heavy industrial zoning, making it a coveted asset for visionary investors and businesses alike.

Strategically positioned, this property offers easy access across the 331 Bridge to South Walton, as well as access to NW Florida Beaches International Airport and Panama City. There is unparalleled access and visibility with this location. Property has a conceptual plan already in place for a commerce park, and business entrepreneurs have the rare chance to harness this blueprint for success, or it can be tailored it to suit their specific needs and objectives.

One of the most enticing features of this property is its access to vital utilities. Water and electric are readily available to site, while sewer infrastructure is currently in progress, further enhancing its appeal and functionality for prospective buyers.

Whether you're looking to establish a manufacturing facility, storage and/or distribution center, or logistics hub, this property provides the ideal canvas to bring your commercial aspirations to life. The $12 million list price represents an extraordinary value proposition for an investment of this caliber, offering the potential for a one-of-a-kind development in the commercial landscape of Freeport.

Don't miss out on this exceptional opportunity to secure your foothold in one of NW Florida's most dynamic economic hubs. Contact us today to learn more about how you can unlock the full potential of this unparalleled property.

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Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Tax ID/APN: 191S18140000180000
Property Visibility: Excellent
Legal Description: Metes & Bounds - See Survey
Largest Nearby Street: Highway 20
Zoning Description: Heavy Industrial
Available Utilities: Electric, Water
Water Service: Municipal

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Demographic Statistics

Proximity: 5 miles
Total Population: 5,197
Median Age: 39.95
Households: 2,111
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