This exceptional 15 ACRE COMMERCIAL property, ZONED C2, is strategically located just off US HWY 331S, across from WALMART and less than 1 MILE NORTH OF I-10, in the rapidly growing area of DEFUNIAK SPRINGS, FL. With convenient traffic light access from Corbett Drive and clear visibility from 331, this property offers unparalleled potential for a variety of commercial ventures.Offering 15 ac +/- altogether, with approximately 10 ACRES UPLANDS (mostly level), plus additional natural features including a beaver pond and creek. C2 ZONING allows for diverse uses such as hotels/motels, apartments, retail stores, professional offices, banks, restaurants, auto dealerships and more. Easily seen from Hwy 331, the sellers have added an additional opportunity for a 331S MONUMENT SIGN. Flexible options include subdividing the property into 2, 3, or more parcels to suit your specific needs. Sellers are creative and willing to consider various, serious proposals. Whether you're looking to develop a single-use project or a mixed-use complex, this property can accommodate your vision. A completed HOTEL/MOTEL FEASIBILITY STUDY is available for review for serious buyers. With access to electric, city water and city sewer, this property is poised to be a project with the pieces of the puzzle needed for a straightforward start. The natural features and layout of the property also provide numerous opportunities for landscaping and design. This is a rare opportunity to secure a prime piece of commercial real estate in a thriving market.