$795,000
Freeport, FL 32439
MLS# 1004706

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Property Description
Premier commercial development opportunity in the heart of Freeport's explosive growth corridor. Parcel pricing ranges from $675,000 to $850,000, this assemblage consists of five separately available or combinable commercial-zoned parcels fronting Highway 20 W, ranging from approximately 2.14 acres to 3.64 acres. Positioned only 1.4 miles west of the major US Highway 331 intersection, the properties offer exceptional visibility, accessibility, and development flexibility within one of Walton County's fastest-growing commercial and residential expansion areas. The corridor between Hammock Bay and US 331 is experiencing substantial new residential, commercial, office, medical, and mixed-use development activity, making these parcels ideally suited for retail centers, professional office, restaurants, convenience retail, service-oriented businesses, flex space, or mixed commercial concepts. The parcels are located directly across from a newly developing office complex and benefit from strong traffic exposure along the rapidly expanding Highway 20 corridor. The surrounding area includes extensive new residential communities and proximity to Freeport Elementary School, Freeport Middle School, and Freeport High School, creating strong demographics and long-term demand drivers. The availability of multiple contiguous parcels also creates the opportunity for larger-scale assemblage planning, phased development, or investment hold strategies. Buyer to verify data for its own use.
Details
Contract Info
GCCMLS Number: 999999999
Listing Board: Emerald Coast
List Date: 2026-06-04
List Price: $795,000
Location, Tax and Legal
Sub Area: 2005 - S. of 20 to Hwy 331
Legal Description: COM WHERE W BDRY OF NE1/4 OF NE1/4 INTERS S BDRY ST RD #20 RUN S 809.84FT, E 190FT N TO E BDRY OF SEC TO S BDRY ST RD #20 NWLY TO BEG & COM WHERE W BDRY OF NE1/4 INTERS N BDRY ST RD #20; N 175.94FT, E 190FT S TO E BDRY OF SEC TO N BDRY ST RD #20 NWLY TO BEG OR BK 55-92 OR 2578-1058 OR 2643-165 LESS & EXPECT: COM AT PT W BNDY NE1/4 OF NE1/4 OF SEC 16-1S-19W INT N BNDY OF STATE RD 20, N 1758.94FT, E
General Property Info
Listed on GCCMLS: Yes
Vacant: Yes
Immediate Occupancy: Yes
Lot Depth: 800
CAM: 0
Zoning: Commercial
Lot Frontage: 200
Future Land Use: Commercial/residential
Acreage: 3.64
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: Premier commercial development opportunity in the heart of Freeport's explosive growth corridor. Parcel pricing ranges from $675,000 to $850,000, this assemblage consists of five separately available or combinable commercial-zoned parcels fronting Highway 20 W, ranging from approximately 2.14 acres to 3.64 acres. Positioned only 1.4 miles west of the major US Highway 331 intersection, the properties offer exceptional visibility, accessibility, and development flexibility within one of Walton County's fastest-growing commercial and residential expansion areas. The corridor between Hammock Bay and US 331 is experiencing substantial new residential, commercial, office, medical, and mixed-use development activity, making these parcels ideally suited for retail centers, professional office, restaurants, convenience retail, service-oriented businesses, flex space, or mixed commercial concepts. The parcels are located directly across from a newly developing office complex and benefit from strong traffic exposure along the rapidly expanding Highway 20 corridor.
The surrounding area includes extensive new residential communities and proximity to Freeport Elementary School, Freeport Middle School, and Freeport High School, creating strong demographics and long-term demand drivers. The availability of multiple contiguous parcels also creates the opportunity for larger-scale assemblage planning, phased development, or investment hold strategies.
Buyer to verify data for its own use.
Class
Hotel/Motel: 1
Land: 1
Construction Status
N/A: 1
Land
Property Type: Commercial
Lot Features
Coastal Barrier Zone: No
None
Current Price: $795,000
Status Change Info
Status: Active
Location Tax and Legal
Area: 20 - Freeport
Street #: XX
Street Direction: W
Street Name: St Highway 20
Street Suffix: Highway
State: FL
Zip Code: 32439
County: Walton
Parcel ID: 16-1S-19-23000-001-0007
Property Features
Class: Hotel/Motel; Land
Construction Status: N/A
Supplements
All information is believed to be accurate but is not guaranteed. Prospective buyers are responsible for independently verifying all information and determining the property's suitability for their intended use. All final terms are subject to negotiation and shall be set forth in a fully executed sales agreement between the parties.
Listing Office: Century 21 AllPoints Realty
Last Updated: July - 23 - 2026
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.