TBD S 331 Highway

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TBD S 331 Highway

Freeport, FL 32439
Asking Price
$3.20M
Asset Type
Commercial Land
Class
Class B

What's Special

Bay Grove Triangle | 2.22 acres | HWY 331 <p>650 feet of highway frontage on HWY 331 just before entering the 331 Bridge. Key infrastructure: deceleration lane, signalized intersection, and three paved access points, creating ingress and egress. Property 'high & dry' and adjacent to Grady Brown Park, a public recreational area offering direct access to Choctawhatchee Bay. </p>

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248

Location & Travel Times