$2,050,000
Freeport, FL 32439
MLS# 853155
Status: Sold
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Property Description
Fully Entitled Warehouse & Flex Space Project located in the heart of the emerging market of Freeport, Florida! The infrastructure of the first phase of this two-phase project is in place and ready to accommodate vertical construction of warehouse and office space, which will cater to the enormous, national record-breaking growth of Walton County and surrounding areas! Phase I is permitted for 43,170 SF of warehouse space and 20,918 SF of office space. Phase II, once developed, will contain 74,182 SF of warehouse space and 35,514 SF of office space. The total site area contains 12.68 acres, under a Light Industrial zoning district, and a future land use category of Industrial.
Details
Maps
Documents
None
Current Price: $2,050,000
Status Change Info
Status: Sold
Under Contract Date: 2022-01-24
Sold Date: 2022-07-07
Sold Price: $2,050,000
Sold Price/Acre: 161671.92
Contract Info
List Date: 2020-08-14
List Price: $2,575,000
Listing Board: Emerald Coast
List Price/Acre: 203075.71
Location Tax and Legal
Street #: 331
Street Name: Business
Area: 20 - Freeport
State: FL
Zip Code: 32439
County: Walton
Project Name/Subdivision: METES & BOUNDS
Parcel ID: 35-1N-19-17000-001-0051
General Property Info
Sub-Type: Vacant Land
Acreage: 12.68
Property Features
Lot Access: City Road; County Road
Lot Features: See Remarks
Zoning: Industrial
Utilities: Public Sewer; Public Water
Supplements
This project is located nearly equidistantly between I-10 in Defuniak Springs and Highway 98 in Santa Rosa Beach; approximately 10 miles to the North and South, respectively.
Whereas a similar project from a state of raw-land would take approximately 24 to 36+ months to achieve entitlements and develop like-kind infrastructure and site improvements, take full advantage of the current demand factor and lack of supply and commence vertical construction NOW! Please inquire to coordinate a private site visit, and to view approved architectural plans. The approved site plan is uploaded to the Documents section of this listing.
Site Plan 
Listing Office: Somers & Company
Last Updated: November - 14 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.