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    Land on Freedom Road, Century Title is generated by Realmo AI

    1041 Freedom Rd, Century, FL 32535

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    Claim this Listing
    New
    For Sale
    $80,000

    LAND - Century, FL

    Lot size:
    5.25 Acres
    Added:
    May 28, 2026
    Days on Market:
    4
    Last Refresh:
    May 31 at 5:06 am

    Property Features for 1041 Freedom Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    045N305002000000
    Lot size
    5.25 Acres

    Taxes and HOA fees

    Tax Description
    COMMENCE AT THE SOUTHWEST CORNER OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 4, TOWNSHIP 5 NORTH, RANGE 30 WEST, ESCAMBIA COUNTY, FLORIDA; THENCE RUN S 89 DEG 14 MIN 53 SEC E ALONG THE SOUTH LINE OF SAID QUARTER FOR 525.00 FEET FOR THE POINT OF BEGINNING; THENCE RUN N 00 DEG 01 MIN 22 SEC W FOR 162.00 FEET; THENCE RUN N 89 DEG 12 MIN 48 SEC W FOR 297.17 FEET; THENCE RUN N 00 DEG 01 MIN 22 SEC W FOR 306.00 FEET; THENCE RUN N 89 DEG 14 MIN 07 SEC W FOR 35.00 FEET; THENCE RUN N 00 DEG 01 MIN 22 SEC W FOR 227.46 FEET TO A POINT ON THE SOUTH R/W LINE OF FREEMAN ROAD (40 FOOT R/W), SAID POINT BEING ON A CURVE CONCAVED TO THE NORTHWEST (SAID CURVE HAVING A RADIUS OF 710.85 FEET, DELTA ANGLE OF 22 DEG 22 MIN 22 SEC, LENGTH OF ARC OF 277.57 FEET, LENGTH OF CHORD OF 275.81 FEET, CHORD BEARING OF N 76 DEG 48 MIN 03 SEC E); THENCE RUN NORTHEASTERLY ALONG THE ARC OF SAID CURVE FOR AN ARC DISTANCE OF 277.57 FEET; THENCE RUN S 00 DEG 05 MIN 05 SEC E FOR 252.18 FEET; THENCE RUN N 59 DEG 30 MIN 40 SEC E FOR 230.00 FEET TO THE EAST LINE OF THE WEST HALF OF SAID QUARTER; THENCE RUN S 00 DEG 05 MIN 05 SEC E ALONG THE SAID EAST LINE FOR 629.33 FEET TO THE SOUTHEAST CORNER OF THE WEST HALF OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER; THENCE RUN N 89 DEG 14 MIN 53 SEC W ALONG THE SOUTH LINE OF SAID QUARTER FOR 135.62 FEET TO THE POINT OF BEGINNING. AND COMMENCE AT THE SOUTHWEST CORNER OF SECTION 4, TOWNSHIP 5 NORTH, RANGE 30 WEST, ESCAMBIA COUNTY, FLORIDA; THENCE GO SOUTH 89 DEG 59 MIN 26 SEC EAST ALONG THE FIELD MONUMENTED SOUTH LINE OF SAID SECTION 4, A DISTANCE OF 1956.14 FEET; THENCE GO NORTH 00 DEG 35 MIN 42 SEC WEST A DISTANCE OF 617.96 FEET TO THE POINT OF BEGINNING; THENCE GO SOUTH 58 DEG 42 MIN 50 SEC WEST A DISTANCE OF 230.00 FEET; THENCE GO NORTH 00 DEG 35 MIN 42 SEC WEST A DISTANCE OF 41.00 FEET; THENCE GO NORTH 58 DEG 42 MIN 50 SEC EAST A DISTANCE OF 230.00 FEET; THENCE GO SOUTH 00 DEG 35 MIN 42 SEC EAST A DISTANCE OF 41.00 FEET TO THE POINT OF BEGINNING. OR 9446 P 1484 OR 9446 P 1487 LESS DB 382 P 677 LESS OR 2861 P 335 LESS OR 4111 P 1029

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Jeff Hashbarger
    Jeff Hashbarger

    Listing agent Jeff Hashbarger

    Listing office Levin Rinke Realty 220 W Garden Street Suite 125, Pensacola Beach, FL

    Listing date May 28, 2026

    MLS# 683346 Listing URL

    Copyright © 2026 Pensacola Association 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.

    HighLights

    • Over five acres of land offers ample space and privacy.
    • Public water and sewer available for convenient utilities.
    • No subdivision restrictions provide freedom in building and land use.
    • Usable frontage on an established county road allows flexible driveway and home placement.
    • Potential for various uses, including a workshop, barn, animals, or orchard.
    • Located in a peaceful, rural area of north Escambia County.

    Overview

    This property features over five acres of land on Freedom Road in Century, Florida. Public water and public sewer services are available. The land is not subject to subdivision restrictions, offering flexibility in construction. Located in north Escambia County, near the Alabama line off the Highway 29 corridor, the property provides an open and spacious environment. Situated along an established county road with usable frontage, the lot allows for flexible driveway placement and home siting. The acreage accommodates various options, including a primary home with a detached workshop, a barn, space for animals, or an orchard. The absence of deed restrictions allows for greater freedom in building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Pharmacy Daycare Center Cosmetic Store Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Century
    County
    Escambia
    State
    Florida
    Longitude
    -87.244736
    Latitude
    30.971273

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    FAQs

    What type of property is this?
    Land - 5+ acres in Century, FL with utilities and no restrictions.
    Where is this land located?
    The property is located at 1041 Freedom Rd Century, FL.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: Over five acres of land offers ample space and privacy.; Public water and sewer available for convenient utilities.; No subdivision restrictions provide freedom in building and land use.
    (850) 916-5050
    We can help!
    Listing Contact
    Jeff Hashbarger
    Jeff Hashbarger
    Request Owner's contact information
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    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
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