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    Nokomis Rd Walnut Hill, FL 32568

    Sponsored
    For Sale
    $2,925,209

    278 Acres, Abundant Wildlife, Reedy Branch

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 278.59-acre property in Escambia County, Florida, near Walnut Hill, presents a unique investment opportunity. Located off Nokomis Road and zoned AGRICULTURAL (AGR), this land boasts diverse natural beauty, including extensive woodlands, abundant wildlife (deer, turkey, quail, wild hogs), and a significant portion bordering Reedy Branch, providing a reliable water source. Drivable dirt roads and trails crisscross the property, enhancing accessibility and exploration. Several open plots, ranging from 0.3 to 0.8 acres, offer ideal locations for wildlife observation and hunting, complemented by existing deer stands and feeders. The property's versatility allows for various uses, including a hunting lodge, rural retreat, or outdoor activity center. Its location offers a blend of rural tranquility and convenient access to Atmore, Alabama (one mile away), Interstate 65, and the Gulf Coast beaches (less than an hour). An easement exists through the northeast corner. This all-natural woodland presents significant potential for timber harvesting, development, or establishing a private estate. The asking price is $2,925,209, representing a substantial landholding with long-term value in a desirable location. The property's APN is 035N331301000000.

    Property Features for 0 Nokomis Rd

    General Information

    Property type
    Agricultural land
    Lot Size
    12,135,424 SF

    HighLights

    • Paved road frontage provides excellent accessibility.
    • Rural setting offers tranquility while remaining close to major cities.
    • Reedy branch forms a natural boundary along the southwest property line.
    • Property presents excellent hunting opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Walnut Hill
    County
    Escambia
    State
    Florida
    Longitude
    -87.536065151752
    Latitude
    30.979472829652

    Nearby Comparable

    • $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
    • $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

    FAQs

    What type of property is this?
    Agricultural land - 278 Acres, Abundant Wildlife, Reedy Branch
    Where is this agricultural land located?
    The property is located at Nokomis Rd Walnut Hill, FL.
    What is the asking price?
    The asking price for this property is $2,925,209.
    What are key features of this property?
    This property features: Paved road frontage provides excellent accessibility.; Rural setting offers tranquility while remaining close to major cities.; Reedy branch forms a natural boundary along the southwest property line.
    Request Owner's contact information
    Nokomis Rd Walnut Hill, 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
    Nokomis Rd Walnut Hill, FL 32568
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