0 Nokomis Rd Walnut Hill, FL 32568
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.
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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