Your email has been sent.
16809 US Highway 331 S - Highway 331 Retail Center 3.8 Acres of Commercial Land Offered at $3,950,000 in Freeport, FL 32439
INVESTMENT HIGHLIGHTS
- 500 Feet of US Highway 331 South Frontage
- Active Development Order in Place with City of Freeport Fees Paid
- High and Dry Property
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot M & B
| Price | $3,950,000 | Lot Size | 3.80 AC |
| Price Per AC | $1,039,473.68 |
| Price | $3,950,000 |
| Price Per AC | $1,039,473.68 |
| Lot Size | 3.80 AC |
3.8 Acres on US Highway 331 South with 500' of Highway Frontage. Property is a rare site with no wetlands - high and dry. Development Order in Place with the City of Freeport.
DESCRIPTION
NEW PRICING! OPPORTUNITY AHEAD in one of Florida's Fastest Growing Cities - Freeport!! 3.8 Acres on Busy Hwy 331 South - the only North-South Artery in Walton County, FL. Ready for Development with Active D.O. in hand & Fees Paid. All the time consuming work has been done. Project has Contractor with Construction Plans ready to schedule Commencement. This project is located on the East side of Hwy 331, on a rare high & dry site. The new project, named Highway 331 Retail Center, is permitted for a total of four buildings, three being retail/restaurant/office space and one being a stand alone restaurant with drive-through. Total square footage is over 29,000 SF of leaseable area plus an outdoor seating area of 1,228 SF. Commercial rental space on Busy Hwy 331 South is scarce. There is a demand for retail/office/restaurant space with many new residential communities & apartments being built & more!
PROPERTY TAXES
| Parcel Number | 23-1S-19-23000-001-0021 | Improvements Assessment | $2,500 |
| Land Assessment | $255,000 | Total Assessment | $257,500 |
PROPERTY TAXES
Presented by
Palmetto Properties & Realty LLC
16809 US Highway 331 S - Highway 331 Retail Center
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.