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    107 Sigler Rd McDavid, FL 32568

    For Sale
    $549,000

    34 Acres, Income-Producing Borrow Pit

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 34-acre property in Escambia County, Florida, presents a unique investment opportunity. Located at 107 Sigler Rd, McDavid, FL 32568, near Century and Flomaton, this agricultural land (APN: 345N314101000004) is currently utilized as a thriving borrow pit, supplying soil and dirt for commercial and residential projects in Northwest Florida and Southern Alabama. With an estimated 2,196,622 cubic yards of material remaining, this operation generates significant income. The Escambia County permit for this activity has recently been renewed for five years, ensuring continued operational viability. Priced at $549,000 ($15,959/acre), this land offers substantial potential. The AGR zoning allows for both commercial and residential uses, opening doors to diverse development possibilities. This is a rare opportunity, as the property hasn't been on the market in over 38 years. Its convenient location just off N. Century Blvd./Hwy 29 adds to its appeal. Consider the potential for continued income generation from the existing borrow pit operation alongside future development options. This versatile property is ready for its next chapter.

    Property Features for 107 Sigler Rd

    General Information

    Property type
    Farms
    Lot Size
    1,481,040 SF

    HighLights

    • 34+ acres near N. Century Blvd./Hwy 29.
    • Mixed‑use zoning (commercial and residential).
    • Existing operational borrow pit.
    • Serves South Alabama and Northwest Florida markets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Clothing Store Women's Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McDavid
    County
    Escambia
    State
    Florida
    Longitude
    -87.322107
    Latitude
    30.907627

    Nearby Comparable

    • $549,000

      34+ Acres Commercial/Residential Land

      34+ acres suitable for commercial or residential uses.
      107 Sigler Rd, Mc David, FL 32568
      View Details
    • $311,000
      31.43 Acres

      31 Acres of Farmland

      31+ acre parcel leased for farming, buildable with RMU zoning.
      1700 Highway 4A, Century, FL 32535
      View Details

    FAQs

    What type of property is this?
    Farm - 34 Acres, Income-Producing Borrow Pit
    Where is this farm located?
    The property is located at 107 Sigler Rd McDavid, FL.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: 34+ acres near N. Century Blvd./Hwy 29.; Mixed-use zoning (commercial and residential).; Existing operational borrow pit.
    Request Owner's contact information
    107 Sigler Rd McDavid, FL 32568
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    McDavid, FL 32568
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    Realmo Value Estimation

    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.

    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.

    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
    107 Sigler Rd McDavid, FL 32568
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