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    5100 Highway 329 W Reddick, FL 32686

    Sponsored
    For Sale
    $4,900,000

    Farm, Cottage - REDDICK, FL

    Type:Farm
    Property size:
    1,567 SF
    Lot size:
    100.00 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 20 at 5:06 pm

    Property Features for 5100 Highway 329 W

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    A-1
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room
    Bedrooms
    3
    Bathrooms
    2
    APN
    07200-001-01
    Parking features
    Driveway, Garage, Garage - Attached
    Pets allowed
    Yes
    Interior features
    Ceiling Fans(s), Primary Bedroom Main Floor, Vaulted Ceiling(s), Window Treatments
    Exterior features
    Paved, Fencing, Rv Hookup
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    1,567 SF
    Lot size
    100.00 Acres

    Utilities

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

    Building Details

    Year built
    1982
    Flooring type
    Carpet, Vinyl
    Building materials
    Frame, HardiPlank Type
    Roof type
    Shingle
    Architectural style
    Cottage

    We can help!

    Listing Contact
    Beckie Cantrell

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

    Listing agent Beckie Cantrell (352) 351-4718 License #3544858

    Listing date Jan 13, 2026

    MLS# OM715665 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 Turnkey Infrastructure

    This 100-acre farm offers turnkey infrastructure and peaceful countryside living. Located near HITS and the World Equestrian Center (WEC), and minutes from Ocala and I-75, the property is positioned to take advantage of Ocala's equestrian amenities. Multiple gated entries lead to paved driveways providing access throughout the farm. The property includes rolling green pastures and paddocks with mature oak trees for shade. Five barns provide a total of 64 stalls, including a 7-stall barn suitable for stallions or foaling. Equestrian amenities include a turf gallop track, eurocizer, round pen, and open training space. Residences include an A-frame main home with vaulted ceilings, a stone fireplace, and sunlit gathering spaces. The open kitchen flows into the living and dining areas, and the primary suite is on the main floor. A separate office building supports business operations, and a double-wide mobile home serves as the on-site manager’s residence. This property is suitable for a training operation, expanding an equine business, or a private equestrian estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Clothing Store Department Store Kitchen & Bath Bar & Pub Women's Store Veterinary Clinic Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Reddick
    County
    Marion
    State
    Florida
    Longitude
    -82.21086
    Latitude
    29.33316

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    FAQs

    What type of property is this?
    Horse & equestrian property - 100-acre equestrian farm near HITS and World Equestrian Center.
    Where is this horse & equestrian property located?
    The property is located at 5100 Highway 329 W Reddick, FL.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Prime equestrian location: Close proximity to HITS, World Equestrian Center (WEC), Ocala, and I-75.; - Extensive equestrian infrastructure: Includes 64 stalls across 5 barns, turf gallop track, eurocizer, and round pen.; - 100-acre farm with multiple gated entries and paved driveways throughout.
    (352) 351-4718
    Request Owner's contact information
    5100 Highway 329 W 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
    5100 Highway 329 W Reddick, FL 32686
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    We can help!
    Listing Contact
    Beckie Cantrell
    Real Estate License ID: 3544858
    (352) 351-4718
    Learn more
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