Freeport Buisness Park

Industrial for Sale
Catylist Listing ID: 30859858
Property Subtypes: Industrial-Business Park
Building Status: Proposed
Building Size (RSF): 50,000 SF
Gross Land Area: 5.03 Acres
Sale Price: $1,250,000
Unit Price: $25 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/25/2024

Overview / Comments

Available for purchase- 50,000sf Office/ Warehouse development opportunity located in Freeport FL. This future business park lies 2.75 miles east of Hwy 331 on Hwy 20 and has convenient access to The Beaches of South Walton, Interstate 10 and the surrounding communities. This sale includes 5.3 acres of cleared land as well as the development order and architectural plans. Walton County is the fastest growing markets in the state, with warehouse space in high demand and leasing rates at an all time high. The Seller has expressed interest in leasing 20% of the development at market rates.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Tax ID/APN: 191S18140000020010
Zoning: INDUSTRIAL
Property Condition: Excellent
Legal Description: COM SE/COR SEC 19-1S-18W,N 01 DEG 27'42"E 2560.35 FT TO S/LY ROW ST HWY 20,N 85 DEG 22'58"W ALG S/LY ROW 1,044.82 FT FOR POB,S 01 DEG 53'39"W 525.22 FT S 88 DEG 06'21"E 425.00 FT,N 01 DEG 53'39"E 505.00 FT TO S/LY ROW HWY 20.N 85 DEG 22' 56"W ALG ROW 425.48 FT TO POB.

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,077 4,624
Median Age: 37.13 39.77
Households: 826 1,906

Contact

Photograph of Listing Agent

Chad Knaepple CCIM, SIOR

Taylor Allen Properties LLC Gulf Coast CMLS Member
© 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.