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- LoopNet Team
16809 US Highway 331 S
Freeport, FL 32439
Highway 331 Retail Center · Land For Sale
·
3.80 AC
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
Property Facts
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 Numbers | Improvements Assessment | $122,593 | |
| Land Assessment | $2,116,400 | Total Assessment | $2,238,993 |
Property Taxes
