0 Cliff Rd Graceville, FL 32440
Exceptional investment opportunity: 186.84 acres of prime farmland in Graceville, Florida, currently producing corn. This property boasts diverse income potential, combining agricultural use with abundant recreational opportunities. Three ponds provide excellent duck hunting and fishing, while the land is also ideal for hunting deer, turkey, and hog. The property is zoned for agricultural use (Ag) and features a convenient location, approximately 15 minutes from Dothan, Alabama, and near the growing towns of Chipley, Florida, and Rehobeth, Alabama. Chipley offers a range of amenities including grocery stores, Walmart, Tractor Supply, lumber yards, and local feed stores. Graceville itself provides a charming small-town atmosphere with holiday parades and seasonal festivals. The asking price is $1,083,672, representing a price per acre of $5,800. Property APN numbers are 14-6N-13000000700011 and 13-6N-13000000900010. This is a unique opportunity to acquire a versatile property with strong potential for both agricultural production and recreational enjoyment. The property is offered as an investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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