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5000 Blk Highway 97 hwy - NEW PRICE-91 Acres, Open Land in Northwest Fl

91.17 Acres of Commercial Land Offered at $1,367,592 in Walnut Hill, FL 32568

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Investment Highlights

Zoned (1) house per 4+ acres
Corner Location
1,205 feet of paved road frontage on Tungoil Road

Sale/Leaseback Option
4,500 feet of paved road frontage on Hwy 97
1+/- Acre Pond

Executive Summary

Walnut Hill, FL -NEW PRICE! NEVER BEFORE ON THE MARKET. For sale in Northwest Escambia County are 91+/- acres of open, level land. The property has a 1+/- acre pond, 4,500 feet of paved road frontage on Hwy 97 with 1,205 feet of paved road frontage on Tungoil Road. Corner location with optimal zoning for parks, agriculture, or possibly residential development just One Mile from the New Dollar General Store and the New Walnut Hill General Store. With Rural Residential zoning, take advantage of this ready-to-build property that can be used for possible future development, a private residence, farmland, OR investment property..seller offers the option to continue to farm the land and lease it to investors. Contact the local zoning department for all zoning information. Appx. 825 ft of water frontage around the pond offers opportunities for fishing, watering animals, or simply creating your space to relax by the water's edge. The property's soil makeup and acreage make it amiable for farming, whether you're an experienced farmer or a novice looking to embrace a more self-sufficient lifestyle. In addition to farming, this property is ideally suited for raising livestock. With ample acreage and the potential to develop, you'll have everything you need to create an equestrian or livestock ranch. Mineral rights do not convey and no mobile homes. Discover the perfect blend of rural charm, beautiful views of the surrounding countryside, and modern convenience in one-of-a-kind Walnut Hill, FL. Call today to learn more or to schedule a viewing! GPS Address: 5160 Hwy 97. Property starts across the street from this at the corner of Tungoil Rd and Hwy 97.

RR Escambia County, FL Code of Ordinances

Property Info Sheet

Property Disclosure

Property Facts

Price	$1,367,592	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Industrial Cemetery or Mausoleum Funeral Home Golf Course or Driving Range Horse Stables Industrial Live or Work Unit Industrial Park Marina Medical Public Park Public Swimming Pool Religious Facility Schools Single Family Development Trailer or Camper Park Veterinarian or Kennel Agricultural Agribusiness Single Family Residence
No. Lots	1	Total Lot Size	91.17 AC
Property Type	Land	Cross Streets	Tungoil Rd

Price	$1,367,592
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Industrial Cemetery or Mausoleum Funeral Home Golf Course or Driving Range Horse Stables Industrial Live or Work Unit Industrial Park Marina Medical Public Park Public Swimming Pool Religious Facility Schools Single Family Development Trailer or Camper Park Veterinarian or Kennel Agricultural Agribusiness Single Family Residence
Total Lot Size	91.17 AC
Cross Streets	Tungoil Rd

1 Lot Available

Lot

Price	$1,367,592	Lot Size	91.17 AC
Price Per AC	$15,000

Price	$1,367,592
Price Per AC	$15,000
Lot Size	91.17 AC

Convenient corner location. Agricultural, residential, and other specified uses (please refer to remarks for more information). Paved county road and a paved state road. High, dry and level. 1+/- acre pond. Lot size: 1205x3295x1282x600x30x2635.

Description

Walnut Hill area is an agricultural area near the Alabama/Florida line with a new Dollar General, and the recently opened Walnut Hill General Store. The area is between the Cut-off at Molino on Hwy 97 to the Alabama State line, offering an ideal location little to no competition. Highway 97 is a major thoroughfare from Pensacola and surrounding area to I-65 just North of Atmore and the Wind Creek Hotel and Casino. Rural community just 3 miles South of Atmore, AL. Surrounding land uses consist of mostly agricultural and wooded land located along the neighborhoods major roadways, along with residential uses. LoopNet ID: 29049555