37 Edgewood CirDeFuniak Springs, FL 32435

Property Details for 37 Edgewood Cir

Year built

1995

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.63 AC

Property size (Sq ft)

3,360 SF

Zone code

3310

Property type

Industrial properties

Property subtype

Distribution centers

APN

35-2N-19-18000-001-0100

APU

352N19180000010100

Description

This exceptional 3,600 square foot industrial property in Defuniak Springs, Florida, presents a compelling investment opportunity. Situated on a generous 4.7-acre lot in Walton County, this warehouse boasts a heavy industrial zoning designation, unlocking significant redevelopment potential. The existing structure includes 3,600 square feet of warehouse space, complemented by two offices, two bathrooms, and a mezzanine level. Access is facilitated by six drive-in doors and one dock-high door, enhancing operational efficiency. Currently, a portion of the site generates a substantial $60,000 annual ground lease income, providing immediate return on investment. The property's strategic location, just nine miles north of Freeport, Florida, offers convenient access to major transportation routes and a thriving regional economy. This combination of existing income, flexible zoning, and ample space makes this property an ideal choice for investors seeking a strong return and future growth opportunities. The asking price is $1,650,000. This is a rare chance to acquire a versatile industrial asset with significant upside in a rapidly developing area.

• Alternative Use

  Use

  Valuation

  Residential

  $535,142

  Hospitality

  $490,187

  Educational

  $407,830

  Medical

  $421,856

  Retail

  $634,402

Location Insight

City

Defuniak Springs

County

Walton

State

Florida

Latitude

30.626

Longitude

-86.1156

CBSA code

18880

CBSA name

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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