Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Century, Florida Farmland Opportunity Title is generated by Realmo AI

    296 Salters Lake Rd, Century, FL 32535

    View on Map
    Claim this Listing
    For Sale
    $189,000

    LAND - Century, FL

    Lot size:
    14.51 Acres
    Added:
    Nov 18, 2025
    Days on Market:
    194
    Last Refresh:
    May 31 at 4:06 am

    Property Features for 296 Salters Lake Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    075N304204001001
    Lot size
    14.51 Acres

    Taxes and HOA fees

    Tax Description
    Escambia County Property Appraiser 075N304204001001 - Full Legal Description BEGIN AT NW COR OF SE1/4 OF SE1/4 OF SEC E ALG N LI 138 FT FOR POB CONT E 198 FT N 396 FT E TO W R/W LI OF L&N RR SWLY ALG W R/W LI TO N R/W LI OF COUNTY RD NWLY ALG RD R/W TO W LI OF SE1/4 OF SE1/4 N ALG W LI OF SE1/4 OF SE1/4 TO A PT 330 FT S OF NW COR E 138 FT N 330 FT TO POB OR 9120 P

    We can help!

    Listing Contact
    Taylor Dover Bryan

    Listing agent Taylor Dover Bryan License #15223

    Listing office Woodlands & Homes, LLC 4240 Berryhill Road, JAY, FL

    Listing date Nov 18, 2025

    MLS# 673886 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

    • Located near Salter Lake, offering opportunities for fishing and water activities.
    • Ideal for a peaceful weekend retreat or a permanent home.
    • Promotes a slower pace of life and a connection to nature.
    • Suitable for raising children with outdoor values.
    • Offers a quiet and relaxing environment.
    • Provides an opportunity to unplug from the stresses of modern life.

    Overview

    This 14.51-acre property is located in Century, Florida, near Salter Lake. The land offers potential for agricultural or recreational use. The property may be suitable for a weekend retreat or a permanent home. It presents an opportunity for outdoor activities and relaxation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Dental Office Food Market Grocery & Convenience Store Nursing Home Coworking & Hybrid Office Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Century
    County
    Escambia
    State
    Florida
    Longitude
    -87.27069
    Latitude
    30.958802

    Nearby Similar for Sale

    • $245,000

      Acreage in Century, Florida

      38+/- acres near Hwy 4 and Hwy 29 intersection.
      Pleasant Hill Road, Century, FL 32535
      View Details
    • $267,950

      23.3 Acres Corner Parcel

      23.3-acre corner parcel with pasture and hardwood oaks.
      1350 W Highway 4, Century, FL 32535
      View Details
    • $35,000

      Land in Century, Florida

      0.51 acre lot on Century Blvd, just North of Highway.
      8600 N Century Blvd, Century, FL 32535
      View Details
    • $180,000

      Heavily Wooded Acreage in Century

      23-acre wooded tract ideal for residential or recreational use.
      2200 Fannie Rd, Century, FL 32535
      View Details
    • $195,699

      Prime Land in Century, Florida

      1.5-acre commercial land with high visibility and highway frontage.
      8850 N Century Blvd, Century, FL 32535
      View Details
    • $267,950

      23.3 Acres Corner Parcel Land

      23.3-acre corner parcel with pasture, hardwoods, and road frontage.
      1350 W Hwy 4, Century, FL 32535
      View Details
    • $499,900
      3,686 SF

      3,686 SF Century House For Sale

      3,686 sq ft commercial property on 2.3 acres.
      0 1 Hecker Road Century, Century, FL 32535
      View Details
    • $499,900
      3,686 SF

      3,686 SF Century House For Sale

      3,686 sq ft commercial property on 2.3 acres.
      0 1 Hecker Road Century, Century, FL 32535
      View Details
    • $80,000

      Land on Freedom Road, Century

      5+ acres in Century, FL with utilities and no restrictions.
      1041 Freedom Rd, Century, FL 32535
      View Details
    • $189,750

      16.5 Acres Timber Tract

      16.5-acre timber tract perfect for homesite or weekend retreat.
      8200 BLK Grimes Road, Century, FL 32535
      View Details
    • $189,750

      Secluded Timber Tract in Century

      16.5-acre timber tract perfect for homesite or recreation.
      8200 BLK Grimes Rd, Century, FL 32535
      View Details
    • $19,900

      Residential Lot in Century, FL

      0.21 acre residential lot with multiple living options.
      Century Blvd, Century, FL 32535
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 14.51 acres of land near Salter Lake.
    Where is this agricultural land / farmland located?
    The property is located at 296 Salters Lake Rd Century, FL.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: Located near Salter Lake, offering opportunities for fishing and water activities.; Ideal for a peaceful weekend retreat or a permanent home.; Promotes a slower pace of life and a connection to nature.
    225 850-675-1110
    We can help!
    Listing Contact
    Taylor Dover Bryan
    Real Estate License ID: 15223
    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
    296 Salters Lake Rd, Century, FL 32535
    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!