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    The Largest CRE Database in the US with Over 1 Million Listings

    12610 NW Gainesville Rd Reddick, FL 32686

    Sponsored
    For Sale
    $3,299,000

    Farm, Custom - REDDICK, FL

    Type:Farm
    Property size:
    3,195 SF
    Lot size:
    19.69 Acres
    Days on Market:
    21
    Last Refresh:
    Feb 26 at 7:06 am

    Property Features for 12610 NW Gainesville Rd

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    A1/B2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
    Bedrooms
    4
    Bathrooms
    4
    APN
    07369-001-03
    Parking features
    Driveway, Garage, Garage - Attached, Oversized
    Pool private
    1
    Interior features
    Ceiling Fans(s), Split Bedroom, Thermostat, Walk-in Closet(s), Window Treatments
    Exterior features
    Fencing, French Doors, Rain Gutters, Rv Hookup, Pool
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer, Water - Softener
    Size
    3,195 SF
    Lot size
    19.69 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    2008
    Flooring type
    Carpet, Tile, Wood
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other
    BuilderName
    Whittaker

    We can help!

    Listing Contact
    Valerie Dailey

    Showcase Properties of Central Florida (352) 351-4718

    Listing agent Valerie Dailey (352) 351-4718 License #3143790

    Listing date Feb 6, 2026

    MLS# OM718115 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

    Turnkey Horse Farm in Reddick

    Located in the heart of Marion County's Farmland Preservation Area, this turnkey farm offers flexibility and infrastructure suitable for various equestrian disciplines. The fenced and gated property spans nearly 20 acres and features open land ideal for year-round training. It includes seven paddocks, each with mature trees for shade, 3-board fencing, and automatic waterers. The 15-stall barn is designed for functionality, featuring a shed-row layout, tack room, feed room, covered wash rack, and office/barn apartment. Additional outbuildings provide storage for vehicles, large equipment, and trailers, while an RV hookup offers options for visiting trainers or seasonal rental income. Partial B2 zoning allows for potential development of an agriculture-related business. The custom 4-bedroom, 4-bath home provides over 3,100 sqft of living space with views of the surrounding farm. The home features a split-bedroom floor plan with high ceilings. The kitchen is equipped with stainless steel appliances, ample cabinet and counter space, a center island, pantry storage, a breakfast bar, and a breakfast nook overlooking the pool area. A gas fireplace is the focal point of the family room, which is open to the kitchen. The primary bedroom includes natural light from bay windows, dual walk-in closets, and a private-ensuite with a walk-in shower, garden tub, dual vanities, and heated tile floors. Additional spaces include a formal dining area and living room, an oversized attached garage, and a full laundry room with built-in cabinetry and sink. A staircase leads to a second-floor suite with a walk-in closet and full bathroom. The property includes a large covered patio overlooking an in-ground pool with a pool deck and safety fencing. Located near show venues including Majestic Oaks, Sweet Dixie South, HITS, and the World Equestrian Center (WEC), this property is suitable for enjoying horse country.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Department Store Kitchen & Bath Showroom Bar & Pub Cafe & Coffee Shop Clothing & Fashion Store Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Reddick
    County
    Marion
    State
    Florida
    Longitude
    -82.199047
    Latitude
    29.333052

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    FAQs

    What type of property is this?
    Horse & equestrian property - Versatile horse property near World Equestrian Center.
    Where is this horse & equestrian property located?
    The property is located at 12610 NW Gainesville Rd Reddick, FL.
    What is the asking price?
    The asking price for this property is $3,299,000.
    What are key features of this property?
    This property features: - Turnkey horse farm in Marion County's Farmland Preservation Area, ideal for year-round training.; - **15-stall barn** with shed-row layout, tack/feed rooms, wash rack, and office/apartment.; - **Custom 4-bedroom, 4-bath home (3,100+ sqft) with pool** and stunning farm views.
    (352) 351-4718
    Request Owner's contact information
    12610 NW Gainesville Rd 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
    12610 NW Gainesville Rd Reddick, FL 32686
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    We can help!
    Listing Contact
    Valerie Dailey
    Real Estate License ID: 3143790
    (352) 351-4718 (352) 816-1080
    Learn more
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