331 Business, Freeport, FL 32439

$2,050,000
Property Type: Land Lot Size (sq. ft.): 552,341 Status: Sold
Current Price: $2,575,000 List Date: 8/14/2020 Last Modified: 11/14/2024

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.

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.

More Information MLS# 853155

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

Documents

Listing Office: Somers & Company
Last Updated: November - 14 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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