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Property profile & analytics
OFF-MARKET
Land

5700 Block Pne Frst Rd McDavid, FL 32568

248 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 248 ac (10,802,880 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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