48 Commerce Ln, #5, Freeport, FL 32439 Property Records

Walton County property record for 48 Commerce Ln, #5, Freeport, FL 32439

Property Summary

Property Type	Warehouse, Storage
Details	1 ba · 1,775 sqft · built 2009
Lot Size	0.039 acres (1,699 sqft)
Owner	Company Name on File
Last Sale	$450,000 (Dec 2011)
Tax Bill	$614 (2025)
Flood Zone	Zone X (minimal risk)
APN	`35-1N-19-17011-001-0050`

Property Details

APN / Parcel Number

Primary APN	`35-1N-19-17011-001-0050`
Alternative APNs	`35-119-17011-001-0050` `1078239`

Interior

Full Baths	1 Bath
Stories	1 Story
Building Area	1,775 sqft Gross Area
1st Floor Area	1,725 sqft

Exterior

Year Built	Built 2009
Effective Year Built	Effective 2012
Construction Type	Steel Frame
Roof Material	Other
Lot Area	1,699 sqft (0.039 acres)
Lot Dimensions	69 ft deep x 25 ft wide

Location & Zoning

Street Address	48 COMMERCE LN, 5
City	FREEPORT
State	FL
Zip	32439-4557
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Legal Description	UT 5 BLDG 1 THURMON INDUSTRIAL PLAZA PB 18-53 REPLAT OF LOTS 4,5 & 6 OF MANNON BUSINESS PARK PB 17-23 OR 2841-3948 OR 2879-4578
Legal Subdivision	THURMON INDUSTRIAL PLAZA
Legal Block	100
Legal Lot Number	4,5,6
Jurisdiction	WALTON FL
Township / Civil Division	FREEPORT
Census Block Group	2
Census Block	2034
Census Tract	950501

Owner

48 Commerce Ln, #5 is owned by a company that bought it in December 2011.

Source: Walton County records, as of July 14, 2026

Owner of Record	Company Name on File
Mailing Address	49 SUNBURST CT, SANTA ROSA BEACH, FL 32459-7319
Owner Type	Company
Vesting	Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 20, 2011 · Amount on File
Deed Sale	Dec 20, 2011 · Amount on File
Deed Document Number	201179019
Deed Book / Page	2879 / 4578
Record Updated	Sep 20, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 48 Commerce Ln, #5 was $614, down 1.3% from the year before.

Source: Walton County assessment roll, as of December 3, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Walton County
Municipality	Freeport City
Unified School District	Walton County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$614.00 (-1.29%)	$82,728 Land $25,200 Building $57,528	$82,728 Land $25,200 Building $57,528
2024	$622.00 (+5.78%)
2023	$588.00 (+13.08%)	$83,785 (+9.95%) Land $25,200 Building $58,585	$83,785 (+9.95%) Land $25,200 Building $58,585
2022	$520.00	$76,201 Land $27,972 Building $48,229	$76,201 Land $27,972 Building $48,229

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 48 Commerce Ln, #5 in Zone X, an area of minimal flood risk, though there have been 68 flood claims nearby since 1990.

Source: FEMA National Flood Hazard Layer, effective June 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 38 policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	38 in force
Nearby Flood Claims	68 (1990–2020)
Claims Outside the SFHA	15 of 68
Most Recent Claim	Oct 2020 · rainfall accumulation
Claims by Event	Hurricane Sally, Sep 2020 · 7 claims Hurricane Frances, Sep 2004 · 21 claims Hurricane Opal, Oct 1995 · 11 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 48 Commerce Ln, #5 is moderate, ranking above 55% of the US, with a 0.1% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 55% of the US · lower than 73% of Florida
Wildfire Likelihood	0.1% annual chance
Exposure	Indirect within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NORTH BAY WATER SYSTEM serves 3,171 people · EPA ID FL1664019
Water Source	Groundwater
Last State Inspection	Jan 2025
Lead	2 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 15 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable · Fiber in parts of the area	2,000 / 100
Wildstar Networks Fixed Wireless	200 / 50