5700 Block Pine Forest Road, Walnut Hill, FL 32568
FL · Escambia County
Key Facts
Description
Walnut Hill, FL – 248 Acres of GREAT farmland with over 860 Feet of road frontage and 6,000± Feet of Railroad Frontage, Power & Water Access - Discover the unmatched potential of this 248-acre tract in the Davisville community of Walnut Hill, FL. Zoned AGR and boasting approximately 6,000 feet of direct railroad access, this property offers rare versatility for agricultural operations, residential development, or long-term investment. Power and water are already available, streamlining the development process. The fertile, nutrient-rich soil supports a wide range of agricultural uses—whether it’s row crops, livestock, or establishing a working farmstead. The AGR zoning also permits residential use, offering the opportunity to build a private estate in a peaceful, rural setting. Strategically located just off State Road 97, the property is approximately 20 miles from I-65, less than 15 minutes from U.S. Highway 29, and only 10 minutes from Atmore, AL. Pensacola, FL—with its airport and Gulf Coast beaches—is under an hour away, along with other popular destinations like Perdido Key and Orange Beach. The significant railroad frontage enhances value by providing efficient transportation and shipping options, especially for agricultural commodities. With ample acreage, logistical advantages, and strong development potential, this is a rare opportunity to secure a legacy property with both immediate utility and long-term upside. Note: Mineral rights do not convey. Buyer to verify all information during due diligence.
Property Information
Property Type
Commercial Sale
Sub-Type
Unimproved Land
Lot Size
248.00 acres
MLS® Listing#
384361
Property Features
Lot Features
Water Source
Financial Details
HOA
None
Parcel Number
385N333301000000
Directions
Use 5700 Pine Forest Road to locate. The property will be just south of this address. From Atmore, Alabama: Travel south on State Road 97 for approximately 2.7 miles from the State Line. Turn right onto Pine Forest Road and the property will be 0.8 miles on the right. From Pensacola, Florida: Travel North on US Highway 29 to State Road 97 (Atmore cut-off) and travel north (toward Atmore, AL) for 19 miles and turn left onto Pine Forest Road. Property will be 0.8 miles on the right.
Affordability Calculator
$496,000
Estimated monthly payment
$13,200/mo
Principal $1,984,000 · Est. interest $2,767,857 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Walnut Hill, FL
- $331,523
- Median Listing Price
- 69
- Median Days on Market
- 1,778
- Median Sq Ft
- $191
- Median Price / Sq Ft
- 1,262
- Active Listings
- This home’s price is 648% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Walnut Hill, FL.
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| 11939 PASCO TRAILS BOULEVARD, SPRING HILL, FL | $1,750,000 | 5 | 5 | 5,564 |
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| 15022 GAR STREET, SPRING HILL, FL | $1,800,000 | — | — | — |
| SHADY HILLS ROAD, SPRING HILL, FL | $1,800,000 | — | — | — |
| 8116 Highway 393 Highway, Laurel Hill, FL | $1,800,000 | 3 | 2 | 2,064 |
| 00 N Florida 85, Laurel Hill, FL | $1,800,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: PHD Realty, LLC - patty@phdrealty.com
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.