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    815 SE 145Th St Summerfield, FL 34491

    Sponsored
    For Sale
    $987,000

    Farm - SUMMERFIELD, FL

    Type:Farm
    Lot size:
    12.97 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 18 at 11:06 pm

    Property Features for 815 SE 145Th St

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    A1
    Rooms
    Bathroom 1, Bedroom 1, Kitchen, Laundry, Living Room
    Bedrooms
    1
    Bathrooms
    1
    APN
    44612-001-00
    Parking features
    Carport, Covered
    Exterior features
    Fencing, Lighting, Private Entrance, Rv Hookup, Storage
    Fencing
    Fenced
    Lot size
    12.97 Acres

    Utilities

    Cooling system
    Ductless, Multi Units

    Building Details

    Year built
    2006
    Flooring type
    Concrete
    Building materials
    Frame, Wood Siding
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Clarissa Rainey

    LPT Realty, LLC. (877) 366-2213 [email protected]

    Listing agent Clarissa Rainey (877) 366-2213 License #3348006

    Listing date Jan 16, 2026

    MLS# G5106690 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 Equestrian Estate on 12.97 Acres

    This equestrian estate is situated on 12.97 acres with mature granddaddy oaks. Designed to accommodate any riding discipline, the property includes a 13-stall center-aisle barn, along with 7 covered shed-row catch stalls. All stalls measure 12x12 or larger and are equipped with fans. The barn features a centrally located feed room, tack room, full bathroom, and laundry area, all individually air-conditioned, plus additional storage. An 80’ x 220’ riding arena with a clay base and sand/clay footing is present. The property also includes a newly upgraded asphalt millings driveway, new fencing, additional cross-fenced pastures with automatic waterers, a run-in shelter, and a wash rack. A hay and shavings storage area offers space for feed and farm equipment. A 50-amp RV hookup is positioned beneath an oak tree, with an additional hookup suitable for a smaller camper or living-quarters horse trailer under the barn overhang. The lighted field is suited for a jump course, polo field, dressage ring, or practice arena. The entrance features a new solar-powered gate. Conveniently located with access to I-75, the property is minutes from the Florida Horse Park and a short drive to WEC. It is close to hospitals, dining, shopping, and The Villages.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Storage Facility Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Summerfield
    County
    Marion
    State
    Florida
    Longitude
    -82.126664
    Latitude
    29.014511

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    FAQs

    What type of property is this?
    Horse & equestrian property - Equestrian estate on 12.97 acres with 13-stall barn.
    Where is this horse & equestrian property located?
    The property is located at 815 SE 145Th St Summerfield, FL.
    What is the asking price?
    The asking price for this property is $987,000.
    What are key features of this property?
    This property features: - Turnkey equestrian estate on 12.97 acres with mature granddaddy oaks, ready for any riding discipline.; - 13-stall center-aisle barn with 12x12 or larger stalls, fans, air-conditioned feed/tack rooms, bathroom, laundry, and storage.; - Impressive 80’ × 220’ riding arena with clay base and sand/clay footing.
    (877) 366-2213
    Request Owner's contact information
    815 SE 145Th St Summerfield, FL 34491
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    Summerfield, FL 34491
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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
    815 SE 145Th St Summerfield, FL 34491
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    We can help!
    Listing Contact
    Clarissa Rainey
    Real Estate License ID: 3348006
    (877) 366-2213
    Learn more
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