Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    38 Acres in Sneads, Florida Title is generated by Realmo AI

    0000 Old Spanish Trail, Sneads, FL 32460

    View on Map
    Claim this Listing
    For Sale
    $135,000

    Acreage in the Florida Panhandle with development potential.

    Type:Land or Vacant Lot
    Lot size:
    38.66 Acres
    Added:
    Jan 13, 2026
    Days on Market:
    135
    Last Refresh:
    May 10 at 8:31 pm

    Property Features for 0000 Old Spanish Trail

    General Information

    Standard status
    Active
    Lot size
    38.66 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    KENT WHITSON

    Listing agent KENT WHITSON

    Listing office AG ONE LAND COMPANY LLC

    Listing date Jan 13, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of AG ONE LAND COMPANY LLC

    HighLights

    • 38+/- acre property offers ample space for development.
    • No restrictions on mobile homes provide added flexibility.
    • Located in Sneads, Florida, with easy access to amenities.
    • Proximity to Lake Seminole (1 mile).
    • Close to the Apalachicola River (2 miles).
    • Potential for building a home or future business venture.

    Overview

    This property offers over 38 acres in Sneads, Florida, presenting numerous development possibilities. The land provides ample space for building a home or planning a future business venture. Mobile homes are permitted, offering added flexibility for creating a situation that suits various lifestyles or investment strategies. The location in Sneads provides convenient access to nearby amenities and a friendly community atmosphere. This property is a valuable opportunity for those looking to secure acreage in the Florida Panhandle. Lake Seminole is located approximately 1 mile away, the Apalachicola River is approximately 2 miles away, and the Chipola River is approximately 10 miles away.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Kitchen & Bath Showroom Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sneads
    County
    Jackson
    State
    Florida
    Longitude
    -84.969
    Latitude
    30.7084

    Nearby Similar for Sale

    • $265,000

      Land Near Lake Seminole

      Nearly 30 acres in Sneads, Florida, with pond and utilities.
      Darby Lane, Sneads, FL 32460
      View Details
    • $559,000

      113 Acres on Scenic River

      Spectacular 113-acre property near Lake Seminole, ideal for outdoor activities.
      000 River Road, Sneads, FL 32460
      View Details
    • $40,000
      264 SF

      Office Property with Development Potential

      Three buildings on a single parcel with multiple potential uses.
      7970 Johns Drive, Sneads, Sneads, FL 32460
      View Details
    • $75,000

      Land in Rural Area

      5.46 acres perfect for a home or weekend getaway.
      Little Zion Road, Sneads, FL 32460
      View Details
    • $150,000

      10-Acre Lot with Highway Frontage

      10-acre lot with highway and waterfront access in Sneads, Florida.
      N Hwy 271, Sneads, FL 32460
      View Details
    • $356,125
      9,250 SF

      Highway Frontage Retail Opportunity

      9,250 SF retail space with highway frontage in Sneads, FL.
      8157 Hwy 90, Sneads, FL 32460
      View Details
    • $116,000

      10-Acre Wooded Retreat

      Private 10-acre wooded parcel near Lake Seminole.
      00 Lure Lane, Sneads, FL 32460
      View Details
    • $195,000

      Sneads, FL Hunting Land

      28 acres bordering protected state land, ideal hunting retreat.
      0 Donald Rd, Sneads, FL 32460
      View Details
    • $356,125
      9,250 SF

      Highway Frontage Retail Opportunity

      9,250 SF retail space with highway frontage in Sneads, FL.
      8157 Hwy 90, Sneads, FL 32460
      View Details
    • $356,125
      9,250 SF

      Highway Frontage Retail Opportunity

      9,250 SF retail space with highway frontage in Sneads, FL.
      8157 Hwy 90, Sneads, FL 32460
      View Details

    FAQs

    What type of property is this?
    Land - Acreage in the Florida Panhandle with development potential.
    Where is this land located?
    The property is located at 0000 Old Spanish Trail Sneads, FL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: 38+/- acre property offers ample space for development.; No restrictions on mobile homes provide added flexibility.; Located in Sneads, Florida, with easy access to amenities.
    (850) 849-3963
    We can help!
    Listing Contact
    KENT WHITSON
    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

    Thank You for Inquiry
    0000 Old Spanish Trail, Sneads, FL 32460
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!