107 Sigler Rd McDavid, FL 32568
- Commercial real estate
- 34.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 107 Sigler Rd
- Lot size
- 34.00 lot acres
- Property type
- Commercial real estate
- APN
- 345N314101000004
Description
This exceptional 34-acre property in Escambia County, Florida, presents a unique investment opportunity. Located at 107 Sigler Rd, McDavid, FL 32568, near Century and Flomaton, this agricultural land (APN: 345N314101000004) is currently utilized as a thriving borrow pit, supplying soil and dirt for commercial and residential projects in Northwest Florida and Southern Alabama. With an estimated 2,196,622 cubic yards of material remaining, this operation generates significant income. The Escambia County permit for this activity has recently been renewed for five years, ensuring continued operational viability. Priced at $549,000 ($15,959/acre), this land offers substantial potential. The AGR zoning allows for both commercial and residential uses, opening doors to diverse development possibilities. This is a rare opportunity, as the property hasn't been on the market in over 38 years. Its convenient location just off N. Century Blvd./Hwy 29 adds to its appeal. Consider the potential for continued income generation from the existing borrow pit operation alongside future development options. This versatile property is ready for its next chapter.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McDavid
- County
- Escambia
- State
- Florida
- Longitude
- -87.322107
- Latitude
- 30.907627
