331 Business, Freeport, FL 32439 (MLS# 853155)

331 Business, Freeport, FL 32439

$2,050,000

Property Type: Land Lot Size (sq. ft.): 552,341 Status: Sold

Current Price: $2,050,000 List Date: 8/14/2020 Last Modified: 11/14/2024

Overview

Description

Fully Entitled Warehouse & Flex Space Project located in the heart of the emerging market of Freeport, Florida! The infrastructure of the first phase of this two-phase project is in place and ready to accommodate vertical construction of warehouse and office space, which will cater to the enormous, national record-breaking growth of Walton County and surrounding areas! Phase I is permitted for 43,170 SF of warehouse space and 20,918 SF of office space. Phase II, once developed, will contain 74,182 SF of warehouse space and 35,514 SF of office space. The total site area contains 12.68 acres, under a Light Industrial zoning district, and a future land use category of Industrial.

Supplements: This project is located nearly equidistantly between I-10 in Defuniak Springs and Highway 98 in Santa Rosa Beach; approximately 10 miles to the North and South, respectively. Whereas a similar project from a state of raw-land would take approximately 24 to 36+ months to achieve entitlements and develop like-kind infrastructure and site improvemen ... (Read more)

Listing Details MLS# 853155

Status Change Info

Under Contract Date: 2022-01-24
Sold Date: 2022-07-07
Sold Price/Acre: 161671.92

Contract Info

Listing Board: Emerald Coast
List Price/Acre: 203075.71

Location Tax and Legal

Street #: 331
Street Name: Business
Area: 20 - Freeport
State: FL
Zip Code: 32439
County: Walton
Project Name/Subdivision: METES & BOUNDS
Parcel ID: 35-1N-19-17000-001-0051

General Property Info

Sub-Type: Vacant Land
Acreage: 12.68

Location, Tax and Legal

Sub Area: 2006 - N. of 20 to Hwy 331
Elementary School: Freeport
Middle School: Emerald Coast
High School: Freeport
Legal Description: Walton County Florida Parcel ID: 35-1N-19-17000-001-0051

More Information

Listing Info, Tax & Legal

Who Paid Commissions: Seller
Who Paid Doc Stamps: Seller
Who Paid Title: Buyer
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 8339.06
Last Tax Year: 2019
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Fully Entitled Warehouse & Flex Space Project located in the heart of the emerging market of Freeport, Florida! The infrastructure of the first phase of this two-phase project is in place and ready to accommodate vertical construction of warehouse and office space, which will cater to the enormous, national record-breaking growth of Walton County and surrounding areas! Phase I is permitted for 43,170 SF of warehouse space and 20,918 SF of office space. Phase II, once developed, will contain 74,182 SF of warehouse space and 35,514 SF of office space. The total site area contains 12.68 acres, under a Light Industrial zoning district, and a future land use category of Industrial.

Lot Features

See Remarks: Yes

Lot Access

City Road: Yes
County Road: Yes

Utilities

Public Sewer: Yes
Public Water: Yes

Zoning

Industrial: Yes

Property Features

Lot Access: City Road; County Road Lot Features: See Remarks Zoning: Industrial Utilities: Public Sewer; Public Water

Documents

Site Plan ›

Listing Office: Somers & Company

Last Updated: November - 14 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.