Development Opportunity! 7.19 Acres of level, wooded Land just off Hwy 331 South with a traffic signal at LaGrange Rd/Ramsey Rd & Hwy 331 South & 300+ New Apartments. New Resort RV Park planned at intersection. Old Jolly Bay Rd connects to Co. Hwy 3280 to the South (Black Creek Rd) & north to the intersection at The Shoppes of Freeport/Publix at Marquis Way. This tract has two zonings in Walton County - Commercial & Estate Residential. Over 480' of paved road frontage w/City Water & Sewer available. Ideal for Flex-Warehouse space, retail/professional space, storage, etc. Adjoining Tract of 16 Acres is For Sale totaling 23 Acres for development. Great location for easy proximity to town & South of Hwy 20! New Developments in progress with more planned for Freeport! Opportunity is here!!