92 Acres W State Highway 20, Freeport, FL 32439 (MLS# 799555)

92 Acres W State Highway 20, Freeport, FL 32439

$12,500,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 4,007,520 Status: Active

Current Price: $12,500,000 List Date: 2/05/2026 Last Modified: 2/05/2026

Overview

Description

OPPORTUNITY RETURNS! NO FAULT OF SELLER OR LAND! PRIME LOCATION! 92 ACRES for COMMERCIAL, MIXED USE, LT INDUSTRIAL DEVELOPMENT! In Freeport City Limits & directly across Hwy 20 is Hammock Bay entrance. Freeport needs new Comm Dev with the area growing by leaps & bounds. New Apts being built across Hwy 20. Ideal site for Retail, Medical Center, Townhomes, Office/Warehouse, Hotel, Grocery & more. 14 Acres on Hwy 20 has approx.1320 ft & all utilities available - cleared & ready. The north 78 Acres is wooded & has approx. 1500 ft frontage on Ben King Rd. Easy Commute on Hwy 20 to Eglin AFB, Mid-Bay Bridge to Destin & east to Hwy 331 for north/south travel to the Interstate or the Beach! NW Florida International Airport approx. 30 min to the east via Hwy 20 & 79. See the Vision Here & Now!

Listing Details MLS# 799555

Contract Info

GCCMLS Number: 30375816
Listing Board: Emerald Coast

Location Tax and Legal

Area: 20 - Freeport
Street #: 92 Acres
Street Direction: W
Street Name: State Highway 20
State: FL
Zip Code: 32439
County: Walton
Parcel ID: 08-1S-19-23000-002-0020

General Property Info

Listed on GCCMLS: Yes
Vacant: Yes
Immediate Occupancy: Yes
Acreage: 92
Lot Frontage: 1320
Lot Depth: 1500
Zoning: Lt Industrial

More Information

Location, Tax and Legal

Sub Area: 2006 - N. of 20 to Hwy 331
Legal Description: Walton County Property ID # 08-1S-19-23000-002-0020 and the approximately 14 acres lying North of State Road 20 being a portion of Property ID # 08-1S-23000-002-0000.

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: OPPORTUNITY RETURNS! NO FAULT OF SELLER OR LAND! PRIME LOCATION! 92 ACRES for COMMERCIAL, MIXED USE, LT INDUSTRIAL DEVELOPMENT! In Freeport City Limits & directly across Hwy 20 is Hammock Bay entrance. Freeport needs new Comm Dev with the area growing by leaps & bounds. New Apts being built across Hwy 20. Ideal site for Retail, Medical Center, Townhomes, Office/Warehouse, Hotel, Grocery & more. 14 Acres on Hwy 20 has approx.1320 ft & all utilities available - cleared & ready. The north 78 Acres is wooded & has approx. 1500 ft frontage on Ben King Rd. Easy Commute on Hwy 20 to Eglin AFB, Mid-Bay Bridge to Destin & east to Hwy 331 for north/south travel to the Interstate or the Beach! NW Florida International Airport approx. 30 min to the east via Hwy 20 & 79. See the Vision Here & Now!

Class

Industrial: Yes
Land: Yes

Construction Status

N/A: Yes

Property Features

Class: Industrial; Land Construction Status: N/A

Documents

92 Acres in Two Parcels ›

Listing Office: Palmetto Properties & Realty LLC

Last Updated: February - 05 - 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.

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