Prime Commercial Development Opportunity in Freeport, FL Situated just minutes from the beautiful emerald waters of the Gulf of Mexico, this 4.23 acre commercial parcel offers an incredible development opportunity in the heart of Freeport. With nearly 200 feet of frontage along highly traveled US Highway 331 S, this property provides excellent visibility and accessibility. US 331 sees an average annual daily traffic count of over 28,000 vehicles according to the latest data from the Walton County Tourist Development Council, ensuring outstanding exposure for commercial operations. The highly flexible C-1 general commercial zoning allows for a wide range of commercial endeavors including retail stores, restaurants, offices, banks, hotels, automotive services, entertainment venues and much more. The zoning permits buildings up to 50 feet in height, with no maximum floor area ratio, giving developers great latitude for larger projects. Permitted uses include most retail, wholesale, rental, service, and professional operations in addition to light manufacturing and warehousing incidental to the primary commercial operation. Freeport's phenomenal growth and proximity to major destinations like Destin, Fort Walton Beach, and Panama City Beach make this an attractive location for retailers, services, hospitality and more to establish a presence and capitalize on the area's thriving commercial market. The owner is open to subdividing the 4.23 acres to accommodate the ideal project or potentially providing a build-to-suit opportunity for the right development plan and user. With frontage on the heavily trafficked US 331 and just a short drive to beaches, dining, entertainment and more, this flexible commercial site is perfectly positioned for success. Don't miss this extraordinary chance to develop your business in one of the Florida Panhandle's fastest growing areas. Call today to discuss pricing and your vision for this prime piece of real estate.