Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Madison Main Line Road Greenville, FL 32331

    View on Map
    Claim this Listing
    For Sale
    $330,000

    LAND - Greenville, FL

    Lot size:
    74.52 Acres
    Added:
    Apr 20, 2026
    Days on Market:
    10
    Last Refresh:
    Apr 29 at 2:06 am

    Property Features for Madison Main Line Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded, Grassed, Cleared
    Standard status
    Active
    Lot size
    74.52 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well, Well Needed

    We can help!

    Listing Contact
    William Gibson

    Listing agent William Gibson License #3609730

    Listing office Southern Land & Homes 145 NW Cantey Ave Southern Land & Homes, Madison, FL

    Listing date Apr 20, 2026

    MLS# 398840 Listing URL

    Copyright © 2026 Tallahassee Board 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.

    Overview

    75 Acres Hunting and Recreation

    This 74.52-acre property is suited for hunting and recreational activities. The land features a network of maintained trails providing access throughout the parcel, suitable for ATVs, hiking, and scouting. Strategically placed hunting stands are positioned to provide vantage points across the terrain and wildlife corridors. The landscape includes wooded areas and open spaces, creating conditions for attracting game. This property is suitable as a hunting property, recreational getaway, or land investment.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Greenville
    County
    Madison
    State
    Florida
    Longitude
    -83.639
    Latitude
    30.435

    Nearby Similar for Sale

    • $84,000

      5-Acre Homesite in Greenville, FL

      5-acre homesite with mature trees, shed, and convenient location.
      Vacant E 2nd Way, Greenville, FL 32331
      View Details
    • $25,000

      Wooded Land for Recreation

      3.19 acres of wooded land for recreational use.
      SW Open Sands Loop, Greenville, FL 32331-0000
      View Details
    • $175,000

      40 Acres in Aucilla Plantation

      40-acre tract in North Florida's Aucilla Plantation.
      SW Oregon Trail lot: 84, Greenville, FL 32331
      View Details
    • $89,900

      Greenville, FL Vacant Land

      5 acres of vacant land zoned commercial or residential.
      999 N US 19, Greenville, FL 32331
      View Details
    • $25,500

      Residential Land in Greenville, Florida

      One-acre residential lot, unrestricted, with existing structure and electric.
      1179 NW JERSEY Road, Greenville, FL 32331
      View Details
    • $44,000

      Greenville, FL Wooded Acreage

      10.49 acres in Aucilla Plantation, ideal for recreation.
      Vacant SW Open Sands Loop, Greenville, FL 32331
      View Details
    • $179,000

      Waterfront Land on Aucilla River

      14.9 acres of residential/recreational land on the Upper Aucilla River.
      Sneads Drive lot: 8, Greenville, FL 32331-4040
      View Details
    • $64,000

      7.07 Acres in Shady Grove

      7.07-acre tract with 4-year-old pines in Shady Grove, FL.
      SW Wakulla Way lot: 4, Greenville, FL 32331
      View Details
    • $169,000

      27.2 Acres in Shady Grove

      Versatile 27.2-acre tract in Shady Grove, Florida.
      SW Wonderwood Street lot: 2, Greenville, FL 32331
      View Details
    • $117,000

      19.4-Acre Land in Shady Grove

      19.4 acres in Shady Grove, ideal for homesite or hunting.
      SW Wonderwood Street lot: 3, Greenville, FL 32331
      View Details
    • $74,900

      6.87 Acres in Shady Grove

      6.87 acres in Shady Grove, Florida, ready for your vision.
      7440 Alton Wentworth Road, Greenville, FL 32331
      View Details
    • $2,245,000

      Sprawling 440-Acre Recreational Ranch

      440-acre ranch featuring hunting grounds, fishing ponds, and income potential.
      3270 DELRAY AVE, GREENVILLE, FL 32346
      View Details

    FAQs

    What type of property is this?
    Hunting land - Turnkey hunting and recreational land with trails and hunting stands.
    Where is this hunting land located?
    The property is located at Madison Main Line Road Greenville, FL.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
    (850) 673-9085
    We can help!
    Listing Contact
    William Gibson
    Real Estate License ID: 3609730
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!