5.5 Acres East Of New Taco Bell, FREEPORT

$1,300,000

0 Beds
0 Baths
239,580 Sqft
5½ Acres
0 Garages

Available Land for Purchase / Development ranging from 1 acre to 10 acres known as Marquis Crossings in Freeport FL. This commercial subdivision is located at the SE corner of Highway 331 & Marquis Way at the new traffic signal servicing the Publix Shopping Center. This site is 1/4 mile south of the intersection of Highway 20 & Highway 331with a hard corner that has recently been sold to Taco Bell (expected completion 2nd quarter of 2020). Other retail synergy in the market consist of Publix, McDonalds, Dairy Queen, Waffle House, Florida First Bank, Hungry Howies, Ace Hardware and others. Currently, Marquis Crossings has approximately 2.5 acres of frontage on Hwy 331 available along with 1 to 9.5 acres accessible by Marquis Way and Old Jolly Rd. Site plan attached to better understandthe development possibilities at Marquis Crossings. Florida DOT traffic counts along Highway 331 are 19,000 trips per day. Average Household income is $75,400. Property is Zoned C-1 in the City of Freeport. Multifamily density is 14 units per acre. Highway 331 is the main traffic corridor for over 4 Million visitors to the famous "Beaches Of South Walton" with an economic impact of over $4.4 Billion dollars annually.

Essential Information
MLS® #829958
Price$1,300,000
Square Footage239,580
Acres5.50
TypeCommercial Sales
StatusActive
Community Information
AreaFREEPORT
CityFREEPORT
CountyWALTON
StateFL
Zip Code32439
Address

5.5 Acres East Of New Taco Bell

Exterior
Lot DescriptionFlexible
Additional Information
Days on Website112
ZoningC-1
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of Taylor Allen Properties LLC. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on December 13th, 2019 at 9:45am CST.

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