Sign Up Successful!
You now have access to more from Realmo!
    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

    11150 Highway 40 W Ocala, FL 34482

    Sponsored
    For Sale
    $1,295,000

    Farm - OCALA, FL

    Type:Farm
    Property size:
    2,256 SF
    Lot size:
    7.58 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 26 at 9:06 am

    Property Features for 11150 Highway 40 W

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    A1
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room
    Bedrooms
    3
    Bathrooms
    2
    APN
    21105-002-01
    Interior features
    Eat-in Kitchen, Living Room/Dining Room Combo
    Exterior features
    Fencing, Dog Run, Kennel
    Fencing
    Fenced
    Appliances
    Cooktop
    Size
    2,256 SF
    Lot size
    7.58 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Kennel/Dog Run

    We can help!

    Listing Contact
    Rhonda Gailey
    Rhonda Gailey

    Gailey Enterprises Real Estate (770) 733-2596

    Listing agent Rhonda Gailey (770) 733-2596 License #3395648

    Listing date Feb 25, 2026

    MLS# OM718865 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.

    Learn more

    Property Insight Report

    Overview

    Highway Frontage Agricultural Business Opportunity

    This income-producing agricultural and community business property is situated on 7.58 acres with direct frontage on W Highway 40, located only 4.5 miles from the World Equestrian Center. The land includes extensive animal and agricultural infrastructure, featuring multiple barns, stalls, paddocks, perimeter fencing, carports, and related support structures, allowing for immediate use. A 3-bedroom, 2-bath manufactured residence is located on site, suitable for owner occupancy, staff housing, or operational support. The property is currently configured to support animal-based and recreational agricultural uses and offers flexibility for a variety of owner-user or investment strategies. The zoning includes A-1 General Agriculture with a confirmed B-2 Community Business component, providing flexibility for commercial and community-oriented uses. Paved road access and high visibility along Highway 40 further enhance accessibility and exposure. This offering presents an uncommon combination of acreage, existing improvements, zoning flexibility, and highway frontage in a single property. The property is located in Ocala, FL. The property size is 2256 square feet. Business opportunity can be bought turn key including all or some of the 135 animals on site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Hotel & Motel Department Store Food Market HVAC Service Grocery & Convenience Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.304415
    Latitude
    29.184835

    Nearby Similar for Sale

    • $395,000
      Pending

      Ocala Office For Sale

      Office building in Ocala, Florida available for purchase.
      1008 E Silver Springs Blvd, Ocala, FL 34470
      View Details
    • New
      $454,900
      2,943 SF

      Historic Office Building in Ocala

      Two-story office building in Ocala's downtown business district.
      151 SE 8Th St, Ocala, FL 34471
      View Details
    • $799,000
      Pending

      Rehabbed Mixed-Use Building on Acreage

      1300 sq ft building on 1.84 acres near Ocala.
      5960 S Pine Ave, Ocala, FL 34480
      View Details
    • $425,000
      3,083 SF

      Ocala Commercial Repurposing Opportunity

      High-visibility corner lot suitable for redevelopment or repurposing.
      1327 E Silver Springs Blvd, Ocala, FL 34470
      View Details
    • $995,900
      2,822 SF

      Charming Office Building on Highway

      Two-story office building with historic charm and highway frontage.
      944 E Silver Springs Blvd, Ocala, FL 34470
      View Details
    • $575,000
      1,940 SF

      Prime Commercial Property on Pine

      High-visibility commercial property with B-4 zoning on major business artery.
      5050 S Pine Ave, Ocala, FL 34480
      View Details
    • $749,900
      1,829 SF

      Charming Renovated Ranch Near Equestrian Center

      Renovated 4/2 ranch on 10 acres near World Equestrian Center.
      7555 SW 77Th Pl, Ocala, FL 34476
      View Details
    • $819,000
      3,555 SF

      Equestrian Estate in Ocala Countryside

      Private 10-acre equestrian estate with a 3,500+ sq ft home.
      9032 NW 30Th Ave, Ocala, FL 34475
      View Details
    • $915,000
      2,298 SF

      Equestrian Farm in Ocala, FL

      12-acre farm with renovated home and equestrian facilities.
      6980 SW 72Nd Ct, Ocala, FL 34476
      View Details
    • New
      $369,900
      700 SF

      Equestrian Property Near World Center

      Equestrian property near World Equestrian Center with barn and apartment.
      8106 SW 19Th Ln, Ocala, FL 34481
      View Details
    • $949,000
      5,250 SF

      Ocala Assembly Building For Sale

      5,000+ Sq Ft assembly building, conveniently located near I-75.
      1601 St NW, Ocala, FL 34475
      View Details
    • $270,000
      1,931 SF

      Retail Building on High-Traffic Road

      Commercial building on 0.48 acres with two road frontages.
      2506 N Magnolia Ave, Ocala, FL 34475
      View Details

    FAQs

    What type of property is this?
    Farm - 7.58 acres with improvements near World Equestrian Center.
    Where is this farm located?
    The property is located at 11150 Highway 40 W Ocala, FL.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Prime location: only 4.5 miles to World Equestrian Center.; - Income-producing potential: configured for animal-based and recreational agricultural uses.; - Zoning flexibility: A-1 general agriculture with B-2 community business component.
    (770) 733-2596
    Request Owner's contact information
    11150 Highway 40 W Ocala, FL 34482
    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.
    11150 Highway 40 W
    Ocala, FL 34482
    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
    11150 Highway 40 W Ocala, FL 34482
    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

    We can help!
    Listing Contact
    Rhonda Gailey
    Rhonda Gailey
    Real Estate License ID: 3395648
    (770) 733-2596 (352) 897-2018
    Learn more
    Google sign-in failed. Please try again or use another login method.