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    2902 Marion County Rd Weirsdale, FL 32195

    Sponsored
    For Sale
    $679,000

    Ranch, Farm - WEIRSDALE, FL

    Type:Farm
    Property size:
    2,579 SF
    Lot size:
    2.84 Acres
    Days on Market:
    10
    Last Refresh:
    Feb 25 at 12:06 pm

    Property Features for 2902 Marion County Rd

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    A1
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room
    Bedrooms
    3
    Bathrooms
    3
    APN
    04-18-24-0004-000-02900
    Parking features
    Driveway, Garage, Garage - Attached
    Pets allowed
    Yes
    Pool private
    1
    Interior features
    Ceiling Fans(s), Primary Bedroom Main Floor, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-in Closet(s)
    Exterior features
    Paved, Fencing, Dog Run, Private Mailbox, Sliding Doors, Pool
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Range, Refrigerator
    Size
    2,579 SF
    Lot size
    2.84 Acres

    Utilities

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

    Building Details

    Year built
    1985
    Flooring type
    Carpet, Tile
    Building materials
    Cement Siding, Frame, Stucco
    Roof type
    Shingle
    Architectural style
    Ranch
    Additional Structures
    Kennel/Dog Run

    We can help!

    Listing Contact
    Tina Halsteter

    Showcase Properties of Central Florida (352) 351-4718

    Listing agent Tina Halsteter (352) 351-4718 License #3488062

    Listing date Feb 16, 2026

    MLS# OM715549 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 Property with Modern Home

    Located in Weirsdale, this equestrian property spans nearly 3 acres and features a 3-bedroom, 2.5-bath home. The home has been updated with a newer roof as of 2022, a new septic system, and replaced windows in the primary bedroom, living room, and sliding glass doors. The property offers over 2,500 sq ft of living space, with vaulted ceilings and abundant natural light. The split-bedroom floor plan ensures privacy. The living area includes a stone fireplace and beam-accented ceilings. The kitchen features rustic wood cabinetry and stainless appliances. Tile flooring is present in the main areas, while new carpet adds comfort to the two guest bedrooms. Both bathrooms have been renovated with modern finishes. The primary suite includes a walk-in closet and a private en-suite bathroom with dual sinks and a step-in shower. Sliding glass doors from the formal dining area lead to a screened patio with an in-ground pool. Equestrian facilities include a barn with four stalls, each equipped with fans and misters, and a 20x20’ run-in shelter also outfitted with fans and misters. The 10x10’ tack and feed room is air-conditioned. There are three fenced paddocks, enclosed with board and wire fencing. The property borders the Grand Oaks Resort and is located a short distance from the Florida Equine Center and multiple shopping, dining, event, and entertainment options. The lot size is 2.84 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Hair Salon Nail Salon HVAC Service Garden Center Veterinary Clinic Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Weirsdale
    County
    Marion
    State
    Florida
    Longitude
    -81.905623
    Latitude
    28.952025

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    FAQs

    What type of property is this?
    Horse & equestrian property - Updated home on equestrian property near Grand Oaks Resort.
    Where is this horse & equestrian property located?
    The property is located at 2902 Marion County Rd Weirsdale, FL.
    What is the asking price?
    The asking price for this property is $679,000.
    What are key features of this property?
    This property features: - Equestrian facilities: Well-designed barn with **four stalls (fans & misters), 20x20’ run-in shelter (fans & misters), 10x10’ A/C tack/feed room, and three fenced paddocks.**; - Nearly 3-acre property bordering The Grand Oaks Resort, offering optional membership with access to riding trails, arenas, and equestrian events.; - Updated 3-bedroom, 2.5-bath home with newer roof (2022), new septic system, and replaced windows.
    (352) 351-4718
    Request Owner's contact information
    2902 Marion County Rd Weirsdale, FL 32195
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    Weirsdale, FL 32195
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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
    2902 Marion County Rd Weirsdale, FL 32195
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    We can help!
    Listing Contact
    Tina Halsteter
    Real Estate License ID: 3488062
    (352) 351-4718 (352) 304-5601
    Learn more
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