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This large tract is offered as 3 separate sales (Highway 112, Magnolia Farms, Perdido River) or whole (Magnolia North Tract). A one-of-a-kind opportunity to own a huge contiguous landbase in a growth area. IP recently sold tens of thousands of acres adjoining this tract to Conservation Groups for preservation and to long-term timberland investment groups which cannot substantially subdivide and develop their land for an extended period of time. That makes this tract an island of unencumbered land close to the cities of Cantonment and Penscacola, Florida. This property offers over +/-3 1/2 miles of Interstate 10 frontage, a private Interstate overpass, +/-3 miles of frontage on the Perdido River as well as significant double frontage on the Styx River and Highway 112. An historic hunting lodge with a +/-75 acre stocked lake is currently run as a sporting camp and used for weddings and other events. An outparcel has access to an active railroad. A full package describing all 3 tracts is available upon request.
Seller will provide a title commitment for inspection and a title insurance policy at closing. Contact the sale representative for details.
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