331 Business, Freeport, FL 32439

$2,575,000
List Price
$2,575,000
Days on Market
265
MLS#
853155
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Lot Size
552,340
Neighborhood
2006 - Freeport

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. 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.

Additional Information

Acres
12.68
Association
Emerald Coast
Elementary School
Freeport
High School
Freeport
Legal Description
COM SE/COR SEC 35, N 88 DEG 32' 20W 5283.93 FT TO SW/COR SEC 35, N 88 DEG 31'09W 1247.15 FT
Lot Access
City Road, County Road
Lot Dimensions
421x1106x151x356x1225
Lot Features
See Remarks
Middle School
Emerald Coast
Neighborhood
2006 - Freeport

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Listing courtesy of Somers & Company.