Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 W HIGHWAY 318 Citra, FL 32113

    View on Map
    For Sale
    $60,000

    Land - CITRA, FL

    Lot size:
    0.46 Acres
    Added:
    Feb 4, 2026
    Days on Market:
    56
    Last Refresh:
    Apr 1 at 5:06 pm

    Property Features for 0 W HIGHWAY 318

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A1
    Exterior features
    Paved
    Standard status
    Active
    APN
    03600-002-00
    Lot size
    0.46 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    140.22

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Anthony White
    Anthony White

    Listing agent Anthony White License #3013806

    Listing office COLDWELL BANKER ELLISON REALTY O 2226 E Silver Springs Blvd, Ocala, FL

    Listing date Feb 4, 2026

    MLS# OM718125 Listing URL

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

    Overview

    Cleared Land Near Orange Lake

    These cleared lots are located off E HWY 318 in Citra, Florida. The property is conveniently located near Orange Lake, situated between Gainesville and Ocala. The location is approximately 6 miles from the interstate and offers convenient access to a boat ramp for Orange Lake. The lot size is 0.46 acres and is zoned A1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Citra
    County
    Marion
    State
    Florida
    Longitude
    -82.13654
    Latitude
    29.415108

    Nearby Similar for Sale

    • $460,000

      Equestrian Land in Bellemont Farms

      10-acre vacant lot in premier equestrian community.
      000 NE 15TH COURT, CITRA, FL 32113
      View Details
    • $899,900
      2,200 SF

      20-Acre Farm with Barn-dominium Potential

      20-acre farm with barn, arena, and barn-dominium in Citra, FL.
      2580 NE 140TH STREET, CITRA, FL 32113
      View Details
    • $449,000

      Citra Commercial Land on Highway

      3-acre commercial parcel with highway frontage in Citra, Florida.
      18111 N US HWY 301, CITRA, FL 32113
      View Details
    • $2,700,000
      1,148 SF

      Equestrian Training Facility in Citra

      Turnkey equestrian training facility with living accommodations in gated community.
      1345-1 NE 155 PLACE, CITRA, FL 32113
      View Details
    • $3,600,000

      Equestrian Training Facility in Citra

      Top-tier equestrian training facility in gated Bellemont Farms.
      1345-2 NE 155 PLACE, CITRA, FL 32113
      View Details
    • $690,000

      Equestrian Land in Bellemont Farms

      Prime vacant land ideal for equestrian estate in Citra, Florida.
      1150 NE 155 PLACE, CITRA, FL 32113
      View Details
    • $6,900,000
      1,148 SF

      Premium Equestrian Estate in Citra

      Turnkey equestrian estate with training tracks in Ocala's horse country.
      1345 NE 155 PLACE, CITRA, FL 32113
      View Details
    • $10,000

      Residential Lot in Citra, Florida

      Affordable 0.23 acre residential lot in Citra, Florida.
      Lot 029 NE 164TH LANE, CITRA, FL 32113
      View Details
    • $1,725,000
      2,905 SF

      Citra Farm with New Barn

      Updated farm with pool, workshop, and new five-stall barn.
      16050 NW 10TH CIRCLE, CITRA, FL 32113
      View Details
    • $115,000

      Citra Land with Utilities

      4.4 acres in Citra, FL with well and septic.
      8798 E HIGHWAY 318, CITRA, FL 32113
      View Details
    • $10,000

      Residential Lot in Citra, Florida

      Affordable 0.23 acre residential lot in Citra, Florida.
      Lot 030 NE 164TH LANE, CITRA, FL 32113
      View Details
    • $10,000

      Residential Lot in Citra, Florida

      0.23 acre R4 residential lot in Citra, Florida.
      Lot 026 NE 164TH LANE, CITRA, FL 32113
      View Details

    FAQs

    What type of property is this?
    Commercial land - Cleared lots near Orange Lake, convenient location between Gainesville and Ocala.
    Where is this commercial land located?
    The property is located at 0 W HIGHWAY 318 Citra, FL.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Cleared lots ready for development; Conveniently located near Orange Lake; Easy access to boat ramp for Orange Lake
    (352) 427-2907
    We can help!
    Listing Contact
    Anthony White
    Anthony White
    Real Estate License ID: 3013806
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!