For Sale
$950,000

3361 Old Greenwood RdMarianna, FL 32446

74 Acres, High Residential Potential

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 74-acre (3,223,440 sq ft) vacant land parcel in Marianna, Florida (32446), presents a compelling investment opportunity. Located at 3361 Old Greenwood Road, this property is proposed as Greenfield Phase III, offering the potential to yield over 75 residential lots mirroring the successful Greenfield Phases I & II, which sold out at an average price of $25,000 per lot. A preliminary plat for Phase III is available, along with comprehensive plans and details regarding infrastructure. While Jackson County Planning and Zoning requires re-platting and resubmission for approval, this allows for customization of lot sizes and the creation of new Covenants and Restrictions tailored to the buyer's vision. The property's potential value, based on the prior phases' success, is estimated to exceed $1.8 million, with further upside depending on the chosen development plan. This is a rare chance to acquire a large, well-situated tract of land with a proven track record of high demand and profitability in a desirable Florida location. The property is situated at 30.809081 latitude and -85.189674 longitude.

Property Details for 3361 Old Greenwood Rd

Property type
Land

Location Insight

City
Marianna
County
Jackson
State
Florida
Latitude
30.809081
Longitude
-85.189674
3361 Old Greenwood Rd, Marianna, Florida

FAQs

What type of property is this?
Land - 74 Acres, High Residential Potential
Where is the land located?
The property is located at 3361 Old Greenwood Rd Marianna, FL.
What is the asking price?
The asking price for this property is $950,000.
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3361 Old Greenwood Rd
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