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HAWTHORNE, FLORIDA

Saunders Land Closes $38 Million Sale Of 6458 Acres In Putnam And Marion Counties
SOLDLand

Saunders Land Closes $38 Million Sale Of 6458 Acres In Putnam And Marion Counties

$38,000,000

Building Size

Asset Type

Land

Closing

Jul 15, 2025

AI

The sale involved 6,458 acres of land, specifically the Star Lake Cattle and Timber and Hills of West Marion, located in Putnam County, Hawthorne, and Marion County, Williston. The transactions represented a total sale price of $38 million, divided into two major deals; a 4,833-acre ranch and timber property in Putnam County sold for $20.3 million, and a 1,625-acre transitional property in Marion County sold for $17.9 million.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $38,000,000
  • Address: Star Lake Cattle and Timber & Hills of West Marion
  • Market: Putnam County, Hawthorne & Marion County, Williston
  • Acres: 6,458
  • Broker Representatives: Dean Saunders, Todd Dantzler & Tyler Davis - Saunders Real Estate

Dean Saunders, Todd Dantzler, and Tyler Davis are the brokers representing the sellers in these significant transactions. Their expertise facilitated the closing of two substantial land deals in Florida, encompassing over 6,400 acres collectively.

Players

Dean Saunders

SVN

Broker

$148M

vol

2 deals

Broker

Market Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.42%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93