Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    0 Nokomis Rd Walnut Hill, FL 32568

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    0 Nokomis Rd Walnut Hill, FL 32568

    View on Map
    • Land
    For Sale
    $2,925,209
    View Listing →
    278.59+/- Acres of Natural Beauty: Hunting, Timber, Rural Paradise For Sale
    $2,925,209
    12,172,855 SF

    278.59+/- Acres of Natural Beauty: Hunting, Timber, Rural Paradise

    278.59+/- Acres of Natural Beauty: Hunting, Timber, Rural Paradise

    0 Nokomis Rd, Walnut Hill, FL 32568
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Nokomis Rd

    Property type
    Land
    Property subtype
    Commercial land

    Description

    Walnut Hill, FL – Nokomis Area - 278.59+/- acre naturally wooded property with approximately 2,400 feet along Reedy Branch; deer stands, feeders, feeding plots ranging from 0.3+/- to 0.8+/- acres; and established trails weaving throughout the property. Offering a blend of natural beauty and functional features, this land is a true haven for hunters, nature enthusiasts, visionary developers, or homesite seekers. Property Highlights: - Home to abundant wildlife, including deer, turkey, quail, and wild hogs. - Reedy Branch provides a potential water source for wildlife. - Potential for a hunting lodge, rural retreat, or outdoor activity center like skeet shooting or clay sports. - Agricultural (AGR) zoning offers potential for timber harvesting, private development, or a custom estate. Positioned on the north end of Escambia County, this property captures the essence of rural charm while staying close to modern conveniences. Just a mile from Atmore, AL, Just a mile from Atmore, AL, you're close to dining and entertainment. Interstate 65 is nearby linking North and South Alabama. Plus Pensacola, FL, and the Gulf Coast’s beautiful beaches are less than an hour away. Enjoy privacy, accessibility, and endless opportunities in one location. There is an easement through the Northeast corner of the property. See for yourself - Take the first step toward owning your slice of Florida’s untouched landscape today! Use Address: 7251 Nokomis Rd. Going West Property is just past this address. Or if you are going East...you will have passed our property if you pass 7251 Nokomis Road...

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Hill
    County
    State
    Florida
    Longitude
    -87.51
    Latitude
    30.8855556

    Comparable in this City

    • Value Estimation by Request

      New Price! 91+/- Acres of Prime Land For Sale - Northwest Escambia County, FL

      New Price! 91+/- Acres of Prime Land For Sale - Northwest Escambia County, FL
      5000 Blk 97 Highway, Walnut Hill, FL 32568
      View Details
    • Value Estimation by Request

      34.4 Acres Land For Sale - NW Florida Acreage near cities of Century / Flomaton

      34.4 Acres Land For Sale - NW Florida Acreage near cities of Century / Flomaton
      107 Sigler Rd, McDavid, FL 32568
      View Details
    • Value Estimation by Request

      Prime 248-Acre Farmland with 6,000 Feet of Railroad Access For Sale

      Prime 248-Acre Farmland with 6,000 Feet of Railroad Access For Sale
      5700 Blk Pine Forest Rd, McDavid, FL 32568
      View Details
    • Value Estimation by Request
      91.17 Acres

      5000 Blk Hwy

      Farms • 91.17 Acres
      5000 Blk Hwy, McDavid, FL 32568
      View Details
    • Value Estimation by Request
      278.59 Acres

      Nokomis Rd

      Agricultural land / Farmland • 278.59 Acres
      0 Nokomis Rd, Walnut Hill, FL 32568
      View Details
    • Value Estimation by Request
      34.00 Acres

      107 Sigler Rd

      Farms • 34.00 Acres
      107 Sigler Rd, McDavid, FL 32568
      View Details

    Similar Nearby for Sale

    • $123,500
      4.45 Acres

      Walnut Hill Land Opportunity

      4.45 acres suitable for residential or commercial development.
      10200 Blk Hwy 97, Walnut Hill, FL 32568
      View Details
    • $249,000
      26.30 Acres

      26-Acre Wooded Land Tract

      26-acre wooded land tract with extensive road frontage in McDavid, FL.
      3000 N Pine Barren Rd, Mc David, FL 32568
      View Details
    • $399,000
      37.00 Acres

      Secluded 37-Acre Land Parcel

      37 acres of secluded, wooded land perfect for custom development.
      6300 Blk Deer Lk Rd, Mc David, FL 32568
      View Details
    • $185,000
      12.45 Acres

      Cleared Land Ready For Development

      12.45 acres of cleared land with development potential.
      120 W Roach Rd, Mc David, FL 32568
      View Details
    • $60,000
      Pending

      Secluded Land in McDavid, FL

      3.65-acre wooded lot near town with utilities available.
      10961 Highway 97, Mc David, FL 32568
      View Details
    • Contact for pricing
      1.00 Acre

      McDavid, Florida Tranquil One-Acre Lot

      One-acre lot in McDavid, Florida, perfect for country living.
      70 Juniper St, Mc David, FL 32568
      View Details

    Similar Nearby for Lease

    • $11,500 /Mo

      85 Acres of Prime Crop Land

      85 acre tract of prime crop land for rent.
      4900 Highway 97, Mc David, FL 32568
      View Details
    • $13,500 /Mo

      101 Acre Land Tract For Rent

      Versatile 101 acre land tract for rent.
      5600 Highway 97, Mc David, FL 32568
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    0 Nokomis Rd
    Walnut Hill, FL 32568
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    0 Nokomis Rd, Walnut Hill, FL, 32568

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!