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    12350 NW Hwy 225 Hwy 225 NW Reddick, FL 32686

    Sponsored
    For Sale
    $2,750,000

    Other - REDDICK, FL

    Type:Farm
    Property size:
    2,592 SF
    Lot size:
    22.06 Acres
    Days on Market:
    12
    Last Refresh:
    Feb 26 at 9:06 am

    Property Features for 12350 NW Hwy 225 Hwy 225 NW

    General Information

    Property type
    Other
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    06112-000-01
    Interior features
    High Ceilings, Stone Counters
    Exterior features
    RV Hookup
    Appliances
    Dishwasher, Dryer, Microwave, Range, Washer
    Size
    2,592 SF
    Lot size
    22.06 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2024
    Floors in Building
    1
    Flooring type
    Laminate
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Carolina Cancelleri Ormedilla

    Engel & Völkers Ocala (352) 820-4770

    Listing agent Carolina Cancelleri Ormedilla (352) 820-4770

    Listing date Feb 15, 2026

    MLS# OM718236 Listing URL

    Copyright © 2026 Engel & Völkers. 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

    Exceptional Equestrian Estate Near WEC

    This equestrian estate, spanning over 24 acres, is located near the World Equestrian Center and HITS. The property features a 36’ x 120’ center-aisle barn with eight 12’ x 14’ stalls, each equipped with 4’ x 4’ windows. The barn includes two concrete pads, with the rear housing two wash stalls, a dedicated office/tack room with a bathroom, a separate laundry room, and a feed room. Both the barn and wash rack are serviced with hot and cold water. The stalls and doors were custom completed by Double R. The training facilities include a 150’ x 250’ Wordley-Martin riding arena, fully irrigated and operating on a timed system. The property is fully fenced and features eight paddocks with mature trees. A large paddock of nearly 5 acres includes two run-in sheds/stalls. There are also two wells and septic tanks, and 2 RV hook ups. The property also includes a 36 x 72 barndominium (2,592 sq. ft.) with a 1,728 sq. ft. apartment featuring 20-foot ceilings and custom-designed windows. The apartment is fully furnished and equipped. An 864 sq. ft. garage offers space for vehicles, equipment, and tools. Also conveying with the property is a 2022 Kubota L2501 4-wheel-drive tractor, a 2025 Tiger Cat 61” zero-turn mower, a Wordley Martin ring drag, a 100 lb spiker seeder drop spreader, an 8’ x 8’ heavy-duty harrow drag, and various tools and equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Map

    City
    Reddick
    County
    Marion
    State
    Florida
    Longitude
    -82.29150074
    Latitude
    29.32593758

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      Cleared Land in Reddick, Florida

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    FAQs

    What type of property is this?
    Horse & equestrian property - Turnkey equestrian estate with premium facilities, near World Equestrian Center.
    Where is this horse & equestrian property located?
    The property is located at 12350 NW Hwy 225 Hwy 225 NW Reddick, FL.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Turnkey equestrian estate: Fully equipped and furnished, ready for immediate use.; - Prime location: Situated near the World Equestrian Center (15 minutes) and HITS (7 minutes).; - Exceptional training facilities: Includes a 150’ x 250’ Wordley-Martin riding arena with irrigation and eight paddocks.
    (561) 568-9069
    Request Owner's contact information
    12350 NW Hwy 225 Hwy 225 NW Reddick, FL 32686
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    Reddick, FL 32686
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    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
    12350 NW Hwy 225 Hwy 225 NW Reddick, FL 32686
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    We can help!
    Listing Contact
    Carolina Cancelleri Ormedilla
    Real Estate License ID: 3516922
    (561) 568-9069 (352) 820-4770
    Learn more
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