$559,275
$624,800
10.5%For more information regarding the value of a property, please contact us for a free consultation.
Vacant SW Lake Rachel Road #0 Madison, FL 32340
158 Acres Lot
Key Details
Sold Price $559,275
Property Type Vacant Land
Sub Type Lots and Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 293208
Lot Size 158.000 Acres
Property Description
Cleared crop land with some trees convenient to the town of Madison and Interstate 10. Access to this property is all paved except the last 1/4 mile of county maintained dirt road. Close to and access to Lake Rachel. Ready to farm, hunt, build or all three. As you travel the property, the abundance of game in the area will become apparent. The land is currently divided into two adjoining 79 acre tracts that can be purchased together or separate. Under the 2018 tax cut law these parcels fall under the Economic Opportunity Zones as designated by the IRS. This is a great opportunity to invest Capital Gains earnings.
Location
State FL
County Madison
Area Madison
Exterior
Utilities Available None At Present
View Greenbelt
Building
Sewer None At Present
Water None At Present
Schools
Elementary Schools Other
Middle Schools Madison County
High Schools Madison County High School
Others
Acceptable Financing Cash, Conventional, FHA Approved Subdiv, VA Approved Subdiv., USDA/RD, USDA/RF
Listing Terms Cash, Conventional, FHA Approved Subdiv, VA Approved Subdiv., USDA/RD, USDA/RF
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Bought with Tallahassee Board of REALTORS®