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Hwy 331 - Hwy 331 & Lagrange Rd 34 Acres of Commercial Land Offered at $10,250,000 in Freeport, FL 32439

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Investment Highlights

Possibility to have a marina with frontage on the water.
This 34 +/- acre development is located approximately 1.7 miles S. of State Hwy 20
Potential opportunity for commercial and/or residential development with access to the Choctawhatchee Bay

This development consists of 10 parcels.
on US Hwy 331 South and approximately 3 miles north of the Choctawhatchee Bay from the Clyde B. Wells Bridge.
Located in a growing corridor of Walton County with average AADT between 17-18K cars per day.

Executive Summary

This 34 +/- acre development is located approximately 1.7 miles south of State Hwy 20 on US Hwy 331 South and approximately 3 miles north of the Choctawhatchee Bay from the Clyde B.
Wells Bridge. Potential opportunity for commercial and/or residential development with access to the Choctawhatchee Bay along a growing corridor of Walton County with average AADT between
17-18K cars per day. This development consists of 10 parcels. perfectly situated in a HIGH TRAFFIC corridor with potential for marina, homes, & commercial, etc.

JLAB Flood & Wetland Map

20130409 Freeport Land Use Table

Property Facts Under Contract

Price	$10,250,000	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Condition	Redevelopment Project	Proposed Use	Commercial Mixed Use
No. Lots	1	Total Lot Size	34.00 AC
Zoning	C-2 - C-2 zoning is a commercial zoning district that allows for a range of retail and service businesses. It's also known as a Community Commercial Zone.

Price	$10,250,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use
Total Lot Size	34.00 AC
Zoning	C-2 - C-2 zoning is a commercial zoning district that allows for a range of retail and service businesses. It's also known as a Community Commercial Zone.

1 Lot Available

Lot

Price	$10,250,000	Lot Size	34.00 AC
Price Per AC	$301,470.59

Price	$10,250,000
Price Per AC	$301,470.59
Lot Size	34.00 AC

This 34 +/- acre development is located approximately 1.7 miles S. of State Hwy 20 on US Hwy 331 South & approximately 3 miles N. of the Choctawhatchee Bay from the Clyde B. Wells Bridge. Potential opportunity for commercial/residential development.

Description

This 34 +/- acre development is located approximately 1.7 miles south of State Hwy 20 on US Hwy 331 South and approximately 3 miles north of the Choctawhatchee Bay from the Clyde B. Wells Bridge. Potential opportunity for commercial and/or residential development with access to the Choctawhatchee Bay along a growing corridor of Walton County with average AADT between 17-18K cars per day. This development consists of 10 parcels. perfectly situated in a HIGH TRAFFIC corridor with potential for marina, homes, & commercial, etc.

1 1

Somewhat walkable

20/100

Exceptionally drivable

90/100

Somewhat bikeable

20/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 27-1S-19-23000-033-0030 27-1S-19-23000-031-0020 27-1S-19-23000-031-0060 27-1S-19-23000-031-0000 27-1S-19-23000-040-0000 27-1S-19-23000-031-0050 27-1S-19-23000-045-0041 27-1S-19-23000-031-0040 27-1S-19-23000-011-0010	Improvements Assessment	$300
Land Assessment	$2,125,502	Total Assessment	$2,125,802