Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    TBD NW 4TH DRIVE Jennings, FL 32053

    View on Map
    For Sale
    $1,568,735

    Acreage - Residential,Rural,Agricultural,Ranches,Manufactured Homes Allowed,Recreational

    Type:Farm
    Lot size:
    448.21 Acres
    Added:
    Jan 16, 2026
    Days on Market:
    75
    Last Refresh:
    Apr 1 at 10:06 am

    Property Features for TBD NW 4TH DRIVE

    General Information

    Property type
    Land
    Property subtype
    Farm
    Zoning
    AG-4
    Standard status
    Active
    Lot size
    448.21 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Keith Hitson

    Listing agent Keith Hitson License #500735

    Listing office HITSON REALTY, INC. P.O. Box 1089, FL

    Listing date Jan 16, 2026

    MLS# 125847 Listing URL

    Copyright © 2026 Lake City Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    448 Acres of Versatile Land

    This expansive 448.21-acre property, located near I-75, Valdosta, and Madison in Jennings, Hamilton County, Florida, features a combination of natural woods, former planted pines, and hay fields. The zoning is AG-4. The land is suitable for residential, rural, agricultural, ranches, manufactured homes, and recreational purposes. The property is located in an area known for big buck hunting.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Jennings
    County
    Hamilton
    State
    Florida
    Longitude
    -83.152658
    Latitude
    30.618559

    Nearby Similar for Sale

    • $75,000

      Residential Lot in Timberlake Community

      4-acre corner lot with utilities, cleared homesite, lake view.
      000 NW 31ST CIRCLE, Jennings, FL 32053
      View Details
    • $50,000

      4 Acres in Jennings, Florida

      Unrestricted 4-acre tract with woods and planted pines.
      000 CR 146, Jennings, FL 32053
      View Details
    • $26,000

      Residential Lot in Oak Woodlands

      1.6-acre lot suitable for single-family or mobile home.
      Lot 7 NW 27th Terrace, Jennings, FL 32053
      View Details
    • $50,000

      4-Acre Vacant Land in Jennings

      Unrestricted 4-acre tract ideal for homesite, retreat, or investment.
      TBD NW CR 146, Jennings, FL 32053
      View Details
    • $1,700,000

      200+ Acres on Withlacoochee River

      High-quality recreational property with fertile land and river frontage.
      1118 Nw 16 Th Ave, Jennings, FL 32053
      View Details
    • $29,900

      Semi-Secluded Jennings Land Parcel

      1.84-acre lot suitable for single-family, mobile, or tiny home.
      Lot 56 NW 29th Loop, Jennings, FL 32053
      View Details
    • $26,000

      Wooded Lot Near Private Lake

      1.6-acre wooded lot with lake access in Jennings, Florida.
      Lot 26 NW 21st Way, Jennings, FL 32053
      View Details
    • $55,000

      Wooded Land in Jennings, Florida

      3.615 acres of wooded land ready for new owner.
      TBD NW CR 141, Jennings, FL 32053
      View Details
    • $23,000

      2 Acres Residential Lot

      2 acre residential lot with lake access in Jennings, FL.
      TBD NW CR 146, Jennings, FL 32053
      View Details
    • $50,000

      Land in Gated Community

      Residential land in Jennings, Florida, with community amenities.
      00 NW BUR OAK PLACE, JENNINGS, FL 32053
      View Details
    • $42,000

      Lakefront Lot in Oak Woodlands

      2-acre lakefront lot with community amenities near Florida/Georgia line.
      Vacant NW Live Oak Circle, Jennings, FL 32053
      View Details
    • $36,000

      Two Acre Lot in Jennings

      Two-acre lot suitable for building, camping, or small farm.
      NW 28TH Avenue, Jennings, FL 32053
      View Details

    FAQs

    What type of property is this?
    Farm - Large acreage suitable for residential, agricultural, and recreational use.
    Where is this farm located?
    The property is located at TBD NW 4TH DRIVE Jennings, FL.
    What is the asking price?
    The asking price for this property is $1,568,735.
    What are key features of this property?
    This property features: 448 Acres of Land; Premier Location for Big Buck Hunting; Combination of Natural Woods, Former Planted Pines, and Hay Fields
    (386) 792-1688
    We can help!
    Listing Contact
    Keith Hitson
    Real Estate License ID: 500735
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!