$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
Documents
Status Change Info
Sold Price/Acre: 161671.92
Status: Sold
Under Contract Date: 2022-01-24
Sold Date: 2022-07-07
Sold Price: $2,050,000
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 203075.71
List Date: 2020-08-14
List Price: $2,575,000
Location, Tax and Legal
Sub Area: 2006 - N. of 20 to Hwy 331
Elementary School: Freeport
Middle School: Emerald Coast
High School: Freeport
Legal Description: Walton County Florida Parcel ID: 35-1N-19-17000-001-0051
General Property Info
Sub-Type: Vacant Land
Acreage: 12.68
Listing Info, Tax & Legal
Who Paid Commissions: Seller
Who Paid Doc Stamps: Seller
Who Paid Title: Buyer
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 8339.06
Last Tax Year: 2019
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: 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.
Lot Features
See Remarks: 1
Lot Access
City Road: 1
County Road: 1
Utilities
Public Sewer: 1
Public Water: 1
Zoning
Industrial: 1
None
Current Price: $2,050,000
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
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.
