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State Highway 20 92 Acres of Industrial Land Offered at $4,600,000 in Freeport, FL 32439



INVESTMENT HIGHLIGHTS
- 1320 Feet on Highway 20 West
- Commercial and/or Industrial Development - Retail, Apartments, Showroom/Warehouse, RV Park, and many more Possibilities!
- 92 Acres with Tremendous Development Potential
EXECUTIVE SUMMARY
PRIME LOCATION! 92 ACRES for LIGHT INDUSTRIAL/COMMERCIAL DEVELOPMENT! Located in the City Limits of Freeport & directly across Hwy 20 from Hammock Bay Subdivision. New homes being built throughout Freeport & the area is growing by leaps and bounds! Great site for Retail Shopping Center, Apartments, Office/Showroom/Warehouse complex, Hotel site & more! 14 Acres on the Highway has approx. 1320 feet with all utilities available. This parcel is cleared & shovel-ready. The north 78 Acres is wooded & has approx. 1500 feet of frontage on unpaved Ben King Road. Easy Commute on Hwy 20 to Eglin AFB, Mid-Bay Bridge to Destin & east to Hwy 331 for north or south travel to the Interstate or the Beach! NW Florida International Airport approx. 30 min to the east via Hwy 20 & 79. See the Vision Here!
PROPERTY FACTS Under Contract
| Price | $4,600,000 | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 92.00 AC |
| Property Type | Land | ||
| Zoning | IC - Industrial/Commercial | ||
| Price | $4,600,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 92.00 AC |
| Zoning | IC - Industrial/Commercial |
1 LOT AVAILABLE
Lot
| Price | $4,600,000 | Lot Size | 92.00 AC |
| Price Per AC | $50,000.00 |
| Price | $4,600,000 |
| Price Per AC | $50,000.00 |
| Lot Size | 92.00 AC |
Metes and Bounds - Two Parcel IDs. 78 Acres in one parcel and 14 Acres along Hwy 20 in second parcel. Total Acreage being sold is approx. 92 Acres.
DESCRIPTION
92 Acres with a variety of development possibilities. Front 14 Acres is Cleared. Back 78 Acres is wooded. Secondary County Road on West Side of property to give additional access points. Trail road on north boundary and east side. Across Highway 20 from growing Hammock Bay Subdivision. Spring on the property that consist of 10 Ac wet land.
1 1
PROPERTY TAXES
| Parcel Number | 08-1S-19-23000-002-0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $9,481 |
PROPERTY TAXES
Parcel Number
08-1S-19-23000-002-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$9,481
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Palmetto Properties & Realty LLC
State Highway 20
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