40 Acres Mossy Bend Road
About This Property
The property is currently classified as timberland and remains vacant with no improvements--ideal for buyers seeking raw land, a hunting retreat, or long-term holding. Dense canopy provides privacy and habitat for deer, turkey, and other wildlife. Surrounding dirt roads and trails offer access into and around the tract, while the overall setting delivers the quiet, natural feel that defines North Walton County living.
Located in a rural area with convenient access to Hwy 81 and I-10, the property sits within easy reach of the Emerald Coast beaches, Freeport, and DeFuniak Springs while still offering genuine seclusion. Low agricultural tax valuation makes it an attractive holding property.
Whether you're looking for a timber investment, a private hunting tract, or the foundation for a future country estate, this 40-acre parcel delivers space, privacy, and potential.
Buyer to verify all information, access, zoning, wetlands, and buildability.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2026 | Listed by HomeBiz Properties | $238,900 | |
| Listed by HomeBiz Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017