Freeport Location Opportunity!

Vacant Land for Sale
Catylist Listing ID: 30606622
Property Subtypes: Industrial, Multi-Family, Office, Self Storage, Other
Gross Land Area: 1.40 - 1.50 Acres
Sale Price: $259,900
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2020

Overview / Comments

DRASTIC PRICE REDUCTION for STRATEGIC LOCATION and UNIQUE OPPORTUNITY! Approx. 1.5 Acres across from the Publix Shopping Center and just off Highway 331 on the east side. For decades, this property has been used as a business site. It is located within the City Limits of Freeport with a number of possibilities - apartments, multi-family residences, storage, office sites & more!. Property is level and partially cleared. Old building on-site is conveyed ''As-Is/Where-Is''. The main intersection in Freeport at Hwy 331 and Hwy 20 is the ''hub'' and growing with new businesses planned plus several under construction. Here is an Opportunity for the right business venture near the ''hub'' - Now is the Time!

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County, City of Freeport. FL
Tax ID/APN: 14-1S-19-23000-019-0010
Property Located Between: Publix Shopping Center - south of Hwy 20 and north of Old Jolly Bay Road
Property Visibility: Fair
Legal Description: Metes and Bounds
Largest Nearby Street: US Highway 331 South and Hwy 20
Highway Access: One lot off of Highway 331 on the East side. Joe Campbell connects with Highway 20 to the East.
Airports: Destin-Ft Walton (VPS) and Emerald Coast International in Bay County
Site Description: This property has been used industrially for decades. Located within the City of Freeport. Call L/A for more details.
Area Description: Growing area with many new housing developments in Freeport. This property is located in the heart of the commerce area - great for a business that wants the proximity but doesn't need the Highway frontage.
Lot Frontage: 254 +/-
Lot Depth: 350 (east side) and 300 (west side) approx
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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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


Photograph of Listing Agent

Sherry Nelson Paris

Palmetto Properties & Realty, LLC
Gulf Coast CMLS Member
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