Skip to main contentSkip to navigation
1 / 48

Agricultural & Residential Land for Sale in Walnut Hill, Florida

Pine Forest Rd, Walnut Hill, FL 32568

$2,480,000
248 acres
Active sale
$1.24m drop
Est $18,393/mo

WALNUT HILL, FL - 248+/- ACRES | DIRECT RAILROAD FRONTAGE | AGR ZONING | PAVED ROAD FRONTAGE - Large, level, and ready to earn its keep, this 248+/- acre tract in the Davisville community pairs productive row-crop ground with a feature few properties nearby can claim: 6,000+/- feet of direct frontage on the Alabama & Gulf Coast Railway. *248+/- acres of level, cleared, well-drained land currently in active row-crop production *6,000+/- feet of direct Alabama & Gulf Coast Railway frontage *860+/- feet of paved frontage on Pine Forest Road *Public water and electricity available *AGR zoning allows row crops, livestock, and low-density residential use; horses allowed *Survey available. Just off State Road (Highway 97), the tract sits about 20 miles from I-65, under 15 minutes from U.S. Highway 29, and roughly 10 minutes from Atmore, Alabama, where continued investment keeps demand strong for land nearby. Pensacola, Perdido Key, and Orange Beach are all under an hour away for beaches, dining, and an international airport. Whether the plan is to keep it in production, switch to logistics, build a homestead, or hold it for what rail frontage could mean down the road, this acreage works in more than one direction. Ready to see 248+/- acres of opportunity for yourself? Schedule a private tour and walk the ground. Buyer to verify all information during due diligence.

Location

Street address
Pine Forest Rd
Zip code
32568
Elevation
266 feet
Coordinates
30.9558, -87.4962

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.

Property details

Acreage
248 acres
Zoning
Agricultural, County, Horses Allowed, Res Single
MLS #
PAR 653038
Posted

Parcels

  • 385N333301000000

Legal description

Details and features

Listing

Type
Land

Lot

Waterfront
Waterfront
Features
Central Access, Cleared, Interior Lot

Structure

Water
Public

Nearby schools

NameType
BrattElementary
Ernest WardMiddle
NorthviewHigh

Listing history

DateEventPriceChangeSource
Feb 6, 2026Price drop$2,480,000$1,240,000 -33.3%PAR
Sept 27, 2024New listing$3,720,000PAR
Subscribe to listing updates

Payment calculator

This 248-acre property is located at Pine Forest Rd in Walnut Hill, FL 32568. The land is available for sale, priced at $2,480,000 — $10,000 per acre.

Listed by PHD Real Estate, (251) 294-2060

Checked 1 hour agoUpdated Source

Report listing issue

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact