390 Acres in Zolfo Springs, FL - $2,223,000
390 Acres Ten Mile Grade
An amazing property.
Designed to enhance the production capacity. Currently planted into star grass and divided into 12 individual pastures, ranging in size from 20 to 50 acres. Each pasture has excellent water sources from both earth and basin water holes and above ground stock tanks. This property is ideal for a low input high return cattle grazing system.
Star grass has been shown to be able to be stocked at 1500 pounds of cattle per acre. If correctly managed a cattle producer could run a cow/calf pair on 1 to 1.5 acres. With the listing price of $5,700 an acre that equates to between $5,700 to $8,550 a cow/calf pair. With the mild sub-tropical environment in Zolfo Springs this is an opportunity to purchase an operation, manage correctly, and capture an operating return.
To enhance the property there is a 10 inch well that could be used if farming is desired. There are several...
To enhance the property there is a 10 inch well that could be used if farming is desired. There are several thousand acres of citrus within proximity this property. This property ideal to be converted to citrus.
There are no encumberments on the property and nearly one mile of paved road frontage along Ten Mile Grade. This property falls in an Opportunity Zone providing great tax benefits.
Owner financing is available. The owner is open to selling smaller pieces of ground.
A great opportunity to own a great agriculture producing piece of ground, capture long term land appreciation, and have the tax advantages of an Opportunity Zone.
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