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    5700 Block Pne Frst Rd McDavid, FL 32568

    For Sale
    $3,720,000

    248 Acres, Rail Access, $3.72M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional 248-acre agricultural investment opportunity in Walnut Hill, Florida. This property boasts 6,000 feet of direct railroad access, providing unparalleled logistical advantages for efficient transportation and shipping. The land is cleared and level, featuring fertile, nutrient-rich soil ideal for various agricultural uses, including crop production and livestock grazing. Zoned Agricultural (AG), it also allows for residential development, making it suitable for building a private estate. Power and water are readily available. Conveniently located just off State Road 97, it's approximately 25 miles from I-65 and less than 15 minutes from US Highway 29. Nearby towns include Atmore, Alabama (10 minutes) and Pensacola, Florida (under an hour), offering access to beaches and an airport. Popular destinations like Perdido Key and Orange Beach are also within an hour's drive. The asking price is $3,720,000, or $15,000 per acre. APN is 38-5N-33-3301-000-000. Ownership is Fee Simple. Mineral rights do not convey. Buyer to verify all information during due diligence. This property presents a unique blend of agricultural and residential potential with significant infrastructure advantages. The extensive railroad access opens doors to diverse development possibilities and substantial long-term growth.

    Property Features for 5700 Block Pne Frst Rd

    General Information

    Property type
    Farms
    Lot Size
    10,802,880 SF

    HighLights

    • 6,000 SF of direct rail access.
    • Level, cleared land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McDavid
    County
    Escambia
    State
    Florida
    Longitude
    -87.495245009085
    Latitude
    30.952151163788

    Nearby Comparable

    • $3,720,000
      248.00 Acres

      248 Acres with Railroad Frontage

      Agricultural land with railroad access, suitable for farming or development.
      5700 Block Pne Frst Rd, Walnut Hill, FL 32568
      View Details
    • $266,400
      29.60 Acres

      Fertile Land with Development Potential

      29.6 acres of level land perfect for farming or recreation.
      5400 Blk Rockaway Crk Rd, Mc David, FL 32568
      View Details
    • $2,925,209
      278.59 Acres

      Wooded Land with Reedy Branch

      278.59+/- acre wooded property with Reedy Branch frontage.
      Nokomis Rd, Mc David, FL 32568
      View Details
    • $2,925,209
      278.59 Acres

      Walnut Hill Land with Reedy Branch

      278+ acre wooded property with Reedy Branch and abundant wildlife.
      Nokomis Rd, Mc David, FL 32568
      View Details

    FAQs

    What type of property is this?
    Farm - 248 Acres, Rail Access, $3.72M
    Where is this farm located?
    The property is located at 5700 Block Pne Frst Rd McDavid, FL.
    What is the asking price?
    The asking price for this property is $3,720,000.
    What are key features of this property?
    This property features: 6,000 SF of direct rail access.; Level, cleared land.;
    Request Owner's contact information
    5700 Block Pne Frst Rd 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

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    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
    5700 Block Pne Frst Rd McDavid, FL 32568
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