16809 US-331

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16809 US-331

Freeport, FL 32439
Asking Price
$3.90M
Asset Type
Commercial Land
Class
Class B

What's Special

Rare opportunity within the Gulf Coast / Freeport FL area for retail and restaurant development. <p><strong style="color: rgba(0, 0, 0, 1)">Prime Commercial Development Opportunity</strong></p><p><strong style="color: rgba(0, 0, 0, 1)">Highway 331 Retail Center</strong></p><p><strong style="color: rgba(0, 0, 0, 1)">16809 US Highway 331 South, Freeport, Florida 32439</strong></p><p><strong style="color: rgba(0, 0, 0, 1)">Listing Price: $4,000,000</strong></p><p><strong style="color: rgba(0, 0, 0, 1)">Rare Turn-Key Development Site with Active Development Order in Hand</strong></p><p></p><p><

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NOI
$80,000
Cap Rate
2.05%
DSCR
0.35
Underwater
Cash-on-Cash
-12.94%
Monthly Payment
$19,270.335
Annual Cash Flow
$-151,244.018

Location & Travel Times