5293 Highway 2 Marianna, FL 32446
This exceptional 533-acre property in Jackson County, Florida, presents a unique investment opportunity combining productive farmland and recreational pursuits. The land boasts 300 acres of tillable row crop land currently leased for peanut and cotton farming, equipped with three Reinke center pivot irrigation systems and a 10-inch water well covering approximately 150 acres. An additional 150 acres are comprised of ten-year-old Loblolly pines, offering future timber potential. The property features an established road system providing easy access to all areas, including an equipment storage barn. A small pond, deer food plots, and strategically planted sawtooth oak trees enhance the abundant wildlife, creating prime hunting opportunities for turkey, deer, dove, and duck. The property enjoys paved road frontage along Highway 2 and Old US RD, totaling approximately 4,760 ft and 1853 ft respectively. Its western border adjoins the Upper Chipola River Water Management Area, further enhancing the natural beauty and hunting potential. The asking price is $4,300,000, translating to $8,068 per acre. This versatile property offers a blend of income generation and recreational enjoyment, making it an attractive investment for discerning buyers.
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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