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Investment Highlights

  • Proposed 50,625 SF flex development divisible into 25 individual units.
  • Flexible configurations for warehouse, office, and showroom use.
  • Positioned in Freeport, among the fastest-growing markets in the Florida Panhandle.
  • Prime location on US Highway 331 with outstanding visibility and ease of access.
  • Designed for light industrial, service-oriented, and business operations.

Executive Summary

Introducing a distinctive investment opportunity in one of Florida’s fastest-growing markets. This proposed 25-unit, 50,625-square-foot flex building is strategically positioned along US Highway 331, a major transportation artery connecting Freeport to the Emerald Coast. Unmatched visibility and immediate access to the highway ensure consistent exposure in a rapidly expanding commercial corridor.
Designed to meet the demands of today's businesses, the property promises a blend of warehouse, office, and showroom configurations, catering to a broad range of tenants and operational needs. With Freeport experiencing continuous population and economic growth, this flex development offers long-term upside supported by strong market fundamentals and increasing industrial and service-based demand.
Invest in infrastructure that aligns with the region's trajectory—this asset offers durability, versatility, and location advantages that position it as a cornerstone for future success.

Property Facts

Price $5,500,000
Price Per SF $108.64
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Showroom
Building Class B
Lot Size 5.06 AC
Construction Status Proposed
Rentable Building Area 50,625 SF
No. Stories 1
Year Built 2027
Cross Streets US HWY 331
Zoning GC - General Commercial

Amenities

  • 24 Hour Access
  • Wheelchair Accessible
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 50,625 SF
  • Flex
  • Shell Space
  • May 2027

Proposed for development along US Highway 331 at Bay Grove Road, a 25-unit flex building totaling 50,625 square feet will soon bring exceptional versatility to Freeport’s commercial landscape. The design concept emphasizes modern functionality with spaces suited for warehouse, office, and showroom operations, providing adaptability for diverse business models—from light industrial to service-based enterprises. Set along one of the busiest commercial corridors in the region, the property delivers unmatched visibility and superior highway access, enhancing operational efficiency and customer connectivity. With Freeport’s growth driving demand for quality flex space, this development offers businesses a timely solution to secure a location in a limited-supply market. Reserve your future today in a project that combines modern design, practical layouts, and strategic positioning.

Space Size Space Use Build-Out Available
1st Floor 50,625 SF Flex Shell Space May 2027

1st Floor

Size
50,625 SF
Space Use
Flex
Build-Out
Shell Space
Available
May 2027

1st Floor

Size 50,625 SF
Space Use Flex
Build-Out Shell Space
Available May 2027

Proposed for development along US Highway 331 at Bay Grove Road, a 25-unit flex building totaling 50,625 square feet will soon bring exceptional versatility to Freeport’s commercial landscape. The design concept emphasizes modern functionality with spaces suited for warehouse, office, and showroom operations, providing adaptability for diverse business models—from light industrial to service-based enterprises. Set along one of the busiest commercial corridors in the region, the property delivers unmatched visibility and superior highway access, enhancing operational efficiency and customer connectivity. With Freeport’s growth driving demand for quality flex space, this development offers businesses a timely solution to secure a location in a limited-supply market. Reserve your future today in a project that combines modern design, practical layouts, and strategic positioning.

Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
03-2S-19-24000-003-0000
Land Assessment
$748,761
Improvements Assessment
$0
Total Assessment
$748,761
  • Listing ID: 41111958

  • Date on Market: 6/30/2026

  • Last Updated:

  • Address: 00 Bay Grove Rd, Freeport, FL 32439

Contact the Sale Advisor

00 Bay Grove Rd

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