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    17610 NW 110 Ct Reddick, FL 32686

    Sponsored
    For Sale
    Pending
    $1,200,000

    Farm, Custom - REDDICK, FL

    Type:Farm
    Property size:
    1,390 SF
    Lot size:
    10.03 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 19 at 8:06 am

    Property Features for 17610 NW 110 Ct

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Pending
    Zoning
    A1
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2, Kitchen, Living Room
    Bedrooms
    2
    Bathrooms
    1
    APN
    01977-002-07
    Pets allowed
    Yes
    Interior features
    Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-in Closet(s)
    Exterior features
    Unpaved, Fencing, Lighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    1,390 SF
    Lot size
    10.03 Acres

    Taxes and HOA fees

    Expense value
    300
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Fireplace(s), Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2018
    Flooring type
    Tile
    Building materials
    Block, Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Liz Gray

    Showcase Properties of Central Florida (352) 351-4718 [email protected]

    Listing agent Liz Gray (352) 351-4718 License #3450675

    Listing date Jan 7, 2026

    MLS# OM715932 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

    Equestrian Farm with Barndominium

    Oak Grove Farm is a 10.03-acre equestrian property located in the gated community of Hardwood Hollow in Reddick, Florida. The property is zoned A-1 and features a custom-designed barndominium built in 2018, integrating a 1,400 square feet residence with horse facilities under one roof. The barndominium includes vaulted ceilings with wood-beam accents, large windows, porcelain tile flooring, a kitchen with stainless steel appliances, a breakfast bar, and a pantry with sliding barn doors. The living space includes an electric fireplace. The primary suite features a walk-in closet and a private bathroom with dual vanities and a walk-in shower. The property includes covered front and rear porches. Connected to the residence is a 13-stall concrete block barn with ten 12x12’ stalls and three approximately 12x14’ stalls. The barn features a center aisle design with a hot & cold water wash rack, tack and feed rooms, a full bathroom, and a lounge space. There are eight paddocks with board fencing. Hardwood Hollow residents have access to a 3.5-mile grass gallop track, and the property is adjacent to a shared GGT arena with cross country fencing. The property has no lease restrictions and current income potential. Multiple sites on the property are suitable for building a separate main residence. Oak Grove Farm is located an 8-minute horseback ride from Sweet Dixie South, minutes from Majestic Oaks, and a short drive from HITS, the World Equestrian Center, and major highways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Building Supply Spa & Massage Gym & Fitness Computer & Electronic Repair Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Reddick
    County
    Marion
    State
    Florida
    Longitude
    -82.308418
    Latitude
    29.401647

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    FAQs

    What type of property is this?
    Horse & equestrian property - 10+ acre equestrian property with a custom-designed barndominium.
    Where is this horse & equestrian property located?
    The property is located at 17610 NW 110 Ct Reddick, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Turnkey 10+ acre equestrian property with a custom-designed barndominium.; - Professionally built 13-stall concrete block barn featuring a wash rack, tack/feed rooms, bathroom, and lounge.; - Located in the gated Hardwood Hollow community with access to a 3.5-mile grass gallop track and a shared GGT arena with cross country fencing.
    (352) 351-4718
    Request Owner's contact information
    17610 NW 110 Ct 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
    17610 NW 110 Ct Reddick, FL 32686
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    We can help!
    Listing Contact
    Liz Gray
    Real Estate License ID: 3450675
    (352) 351-4718
    Learn more
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