331 Business, FREEPORT

$2,575,000

0 Beds
0 Baths
552,341 Sqft
12.68 Acres
0 Garages

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.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.

Essential Information
MLS® #853155
Price$2,575,000
Square Footage552,341
Acres12.68
TypeLand
Sub-TypeResidential Land
StatusActive
Community Information
Address331 Business
AreaFreeport
Sub Area06 FREEPORT
CityFREEPORT
CountyWALTON
StateFL
Zip Code32439
Amenities
FeaturesSee Remarks
Utilities

Public Sewer Available, Public Water Available

Exterior
Lot DescriptionSee Remarks
School Information
ElementaryFREEPORT
MiddleEMERALD COAST
HighFREEPORT
Additional Information
ZoningIndustrial
HOA Fees0.00
Listing Details
OfficeSomers & Company
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Listing information last updated on January 24th, 2022 at 11:45am CST.