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

    110 SE WACAHOOTA ROAD Micanopy, FL 32667

    View on Map
    For Sale
    $425,000

    Land - MICANOPY, FL

    Lot size:
    23.73 Acres
    Added:
    Apr 3, 2025
    Days on Market:
    364
    Last Refresh:
    Apr 1 at 5:06 pm

    Property Features for 110 SE WACAHOOTA ROAD

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AG
    Standard status
    Active
    APN
    16417-000-000
    Lot size
    23.73 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    166

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Alex Harding
    Alex Harding

    Listing agent Alex Harding License #3548007

    Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

    Listing date Apr 3, 2025

    MLS# GC529631 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

    23.73 Acres of Wooded Land

    This 23.73-acre parcel of wooded, unimproved land is located in Alachua County, Florida. Zoned Agricultural (AG), the property is situated on SE Wacahoota Road in Micanopy, offering a natural setting. The property features 152.4 feet abutting Interstate 75 and 1,566.98 feet of road frontage on Wacahoota Road, providing accessibility. This land provides opportunities for a private retreat, agricultural use, future development, or a long-term investment. The property is conveniently close to Gainesville, major highways, and local amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Law Firm Gym & Fitness Center Kitchen & Bath Showroom Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Micanopy
    County
    Alachua
    State
    Florida
    Longitude
    -82.3213646
    Latitude
    29.5303215

    Nearby Similar for Sale

    • $3,490,000
      3,341 SF

      Paynes Prairie Ranch Property

      Unique ranch property with hunting, grazing, and income potential.
      11816 SE COUNTY ROAD 234, MICANOPY, FL 32667
      View Details
    • $569,000

      Assisted Living Facility on 3 Acres

      Assisted living facility on 3 acres in Marion County, Florida.
      5650 NW 219 STREET, MICANOPY, FL 32667
      View Details
    • $275,000
      2,184 SF

      Commercial Building on US 441

      2,184 SF building on 1.74 acres with frontage.
      12001 HIGHWAY 441 S, MICANOPY, FL 32667
      View Details
    • $3,980,000
      6,100 SF

      Luxury Equestrian Estate on 63 Acres

      Ultra-luxury equestrian estate with state-of-the-art equine amenities and resort-style living.
      7000 NW HWY 320, MICANOPY, FL 32667
      View Details
    • $245,000

      Orange Lake Shores Lakefront Lot

      Lakefront lot with water views and direct lake access.
      NW 39TH TERRACE, MICANOPY, FL 32667
      View Details
    • $275,000

      Commercial Land on US Highway

      1.5 acre commercial property with highway frontage in Micanopy.
      102 NE HIGHWAY 441, MICANOPY, FL 32667
      View Details
    • $100,000

      Commercial Land Near US-441

      1.36 acre commercial land near Pearl Country Store.
      102 NE 9TH AVENUE, MICANOPY, FL 32667
      View Details
    • $8,750,000
      200 SF

      Luxury Equestrian Estate with Premier Facilities

      Premier equestrian facilities on 210 acres in scenic Marion County.
      6500 SE 193RD STREET, MICANOPY, FL 32667
      View Details
    • $15,500,000
      1,884 SF

      Micanopy Horse Farm with Equine Facilities

      400-acre Micanopy, FL horse farm with state-of-the-art equine facilities.
      6500 & 6800 NW 193RD STREET, MICANOPY, FL 32667
      View Details
    • $7,750,000
      1,884 SF

      Luxury Equestrian Estate For Sale

      Premier equine facilities on 190 acres in Marion County, Florida.
      6800a NW 193RD STREET, MICANOPY, FL 32667
      View Details
    • $22,500

      Vacant Land in Micanopy, Florida

      Vacant wooded lot available in Micanopy, Florida.
      NW NW 210TH STREET, MICANOPY, FL 32667
      View Details
    • $991,690

      Prime Land in Horse Country

      62 acres of land in the heart of horse country.
      62ac NW 193RD ST, MICANOPY, FL 32667
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 23.73 acres of AG-zoned land in Alachua County, Florida.
    Where is this agricultural land / farmland located?
    The property is located at 110 SE WACAHOOTA ROAD Micanopy, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Large 23.73‑acre parcel of land.; Zoned Agricultural (AG) offering versatile usage options.; Excellent accessibility with 1,566.98 feet of road frontage on Wacahoota Road.
    (843) 730-0788
    We can help!
    Listing Contact
    Alex Harding
    Alex Harding
    Real Estate License ID: 3548007
    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!