00 Bay Rd Hilliard, FL 32046
This exceptional 693-acre timberland tract presents a significant investment opportunity in rapidly developing Nassau County, Florida. Located near Jacksonville and Fernandina Beach, this property boasts convenient access via paved road frontage on Bay Road and Conner Nelson Road, with additional graded road frontage on Cuyler Road. The land is zoned for agriculture and comprises both merchantable and pre-merchantable pine plantations, primarily slash and loblolly pine, professionally managed for years and featuring excellent genetic stock. Approximately 84% of the acreage is upland, offering diverse potential uses. The asking price is $5,197,500, translating to $7,500 per acre. The property's location within a strong timber market and a rapidly transitioning land base makes it an attractive investment for those seeking both immediate returns and long-term growth potential. The Multiple APN number reflects the property's size and unique characteristics. This investment-grade property offers a rare combination of established timber resources and significant future development potential in a highly desirable location. The property is situated in Hilliard, Florida, with a 32046 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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