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    14840 Highway 40 W Ocala, FL 34481

    Pending
    For Sale
    $8,000,000

    Farm - OCALA, FL

    Type:Farm
    Property size:
    1,008 SF
    Lot size:
    224.51 Acres
    Days on Market:
    154
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 14840 Highway 40 W

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Pending
    Zoning
    A1
    Rooms
    Bathroom 1, Great Room, Kitchen, Office
    Bathrooms
    1
    APN
    20909-029-00
    Interior features
    Cathedral Ceiling(s), Ceiling Fans(s)
    Exterior features
    Fencing, Lighting
    Fencing
    Fenced
    Size
    1,008 SF
    Lot size
    224.51 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other
    BuilderName
    Rick Wilcox

    Joan Pletcher, Realtor (352) 347-1777 [email protected]

    Listing agent Joan Pletcher (352) 804-8989 License #0609547

    Listing date Jul 5, 2025

    MLS# OM660011 Listing URL

    Copyright © 2025 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

    Turnkey Equestrian Training Facility

    This 244.23 acre horse training facility is located in NW Marion County, approximately 10 miles from the World Equestrian Center and 10 miles from OBS Sales. The property includes six barns with a total of 198 stalls, including two 40-stall center aisle barns, a 38-stall shed row barn, a 24-stall shed row barn, a 30-stall shed row barn, and a 26-stall shed row barn. The facility features a professionally designed irrigated 1 mile dirt racetrack and a 7/8 mile turf track, with a viewing stand. Additional amenities include an equestrian swimming pool with a deck and PVC fencing, seven European walkers, twelve round pens, three riding arenas, and 42 paddocks. The property also has automatic waterers, an office, two workshops/storage buildings, a gated entrance, underground piping for water/sewer lines, and ornamental landscaping. The entire property is secured with 4 and 5-board fencing and offers building sites. The property has a history of graduates, including one horse of the year, seven Eclipse champions, two Kentucky Derby winners, three Preakness winners, one Belmont winner, nine Breeders Cup winners, and 43 individual Grade 1 winners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Realty agency Clothing Store Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.364226
    Latitude
    29.134638

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    FAQs

    What type of property is this?
    Horse & equestrian property - 244.23 acre horse training facility near World Equestrian Center.
    Where is this horse & equestrian property located?
    The property is located at 14840 Highway 40 W Ocala, FL.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: - Turnkey equestrian facility on 244.23 +/- acres, ideal for horse training.; - Prime location: just 10 miles from World Equestrian Center and OBS Sales.; - Extensive stabling: features 198 stalls across six barns.
    (352) 804-8989
    Request Owner's contact information
    14840 Highway 40 W Ocala, FL 34481
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    Ocala, FL 34481
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    Realmo Value Estimation

    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.

    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.

    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
    14840 Highway 40 W Ocala, FL 34481
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