Rocky Creek Ranch in Madison County Sold for $3.3 Million by SVN Saunders Ralston Dantzler
Industry: Real Estate
Greg Driskell and Bryant Peace Brokered the Sale of a 2,582-Acre Ranch and Recreation Property in Greenville, Florida
Lakeland, FL (PRUnderground) January 10th, 2020
The property, located near I-10 within 50 miles of Tallahassee, was extensively improved in recent years to convert use from timber to cattle ranching. The buyer, a central Florida cattle rancher, sought to move north to a more affordable area of the state. Central Florida’s expansive population growth continues to spur development and increased property values.
“There are increasing amounts of agriculture shifting to North Florida due to the availability of affordable land and ample water,” said Bryant. “Currently, North Florida pastureland is in high demand as cattle operations are pushed out of Central and South Florida.”
Bryant noted that the brokerage is seeing growth in North Florida farmland transactions. However, the sale price of Rocky Creek Ranch did not reflect a true market value for similar properties in the region. The seller was highly-motivated and willing to accept less than might be expected for comparable farmland.
Driskell is a specialist in timber properties and Peace resides in Thomasville, Georgia serving clients on both sides of the Florida-Georgia border.
To learn more about their experience and current listings, visit svnsaunders.com/gregdriskell and svnsaunders.com/bryantpeace.
About SVN | Saunders Ralston Dantzler Real Estate
SVN | Saunders Ralston Dantzler Real Estate is a full-service land and commercial real estate brokerage with over $3.1 billion in transactions representing buyers, sellers, investors, institutions, and landowners since 1996. We are recognized nationally as an authority on all types of land, including agriculture, ranch, recreation, residential development, and international properties. Our commercial real estate services include marketing, property management, leasing and tenant representation, valuation, business brokerage, and advisory and counseling services for office, retail, industrial, and multifamily properties. Our firm also features an auction company, forestry division, international partnerships, hunting lease management, and extensive expertise in conservation easements. Located at the center of Florida’s I-4 corridor, we provide proven leadership and collaborative expertise backed by the strength of the SVN® global platform. To learn more, visit SVNsaunders.com.