Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5 Acre Fenced Land Parcel Title is generated by Realmo AI

    SW HWY 484, Dunnellon, FL 34432

    View on Map
    Claim this Listing
    For Sale
    $395,000

    Land - DUNNELLON, FL

    Lot size:
    5.00 Acres
    Added:
    Feb 17, 2025
    Days on Market:
    468
    Last Refresh:
    May 31 at 4:06 pm

    Property Features for SW HWY 484

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A1
    Pets allowed
    Yes
    Standard status
    Active
    APN
    35317-000-00
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1369.11

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Arlene Flori
    Arlene Flori

    Listing agent Arlene Flori License #364530

    Listing office PLATINUM HOMES AND LAND REALTY 1701 NE 42nd Ave Suite 201, Ocala, FL

    Listing date Feb 17, 2025

    MLS# OM695298 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.

    HighLights

    • Prime 5‑acre lot zoned A‑1 (Residential/Agricultural).
    • Excellent location: just 0.75 miles from SR 200, Walmart, Advent Health, Timber Ridge ER, restaurants, and stores.
    • High and dry land with 330 ft of road frontage on CR 484 Highway.
    • Fenced on three sides.
    • Close proximity to Rainbow Springs State Park, Marion County Airport, and Ross Prairie State Forest.
    • Ample space for future construction.

    Overview

    This 5-acre parcel is located in a prime area and features 330 feet of road frontage on CR 484 Highway. The property is fenced on three sides. Situated close to SR 200, it is approximately ¾ of a mile from Walmart, Advent Health, Timber Ridge ER, Dollar Store, and various restaurants. The A-1 zoning allows for both residential and agricultural use. The location is also just minutes from Rainbow Springs State Park, the Marion County Airport, and Ross Prairie State Forest, offering recreational opportunities. This high and dry acreage presents great potential and possibilities for future development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Dunnellon
    County
    Citrus
    State
    Florida
    Longitude
    -82.294148
    Latitude
    29.053522

    Nearby Similar for Sale

    • $599,800
      1,232 SF

      Dunnellon Mixed-Use Drive-Through Opportunity

      Prime Dunnellon location with drive-through potential on busy corner.
      20371 E MCKINNEY AVENUE, DUNNELLON, FL 34432
      View Details
    • $499,000
      2,400 SF

      Dunnellon Commercial Property For Sale

      Commercial property in Dunnellon, suitable for office or retail.
      20312 Robinson Road, Dunnellon, FL 34431
      View Details
    • $499,000
      2,400 SF

      Dunnellon Commercial Property For Sale

      Commercial property in Dunnellon, suitable for office or retail.
      20312 ROBINSON RD, DUNNELLON, FL 34431
      View Details
    • $869,000
      2,299 SF

      Mini Farm with Equestrian Amenities

      Well-equipped mini farm designed for comfortable living and practical use.
      12650 SE 98TH LANE, DUNNELLON, FL 34431
      View Details
    • $599,000

      Equine-Suitable Lot Near Preserve

      4.64-acre lot bordering 8,000-acre preserve in Bel-Lago.
      12793 SW 138TH LOOP, DUNNELLON, FL 34432
      View Details
    • $899,000
      2,188 SF

      Upgraded Farm Retreat with Equestrian Amenities

      Private farm retreat with modern upgrades and equestrian amenities.
      12524 SW 109TH PLACE, DUNNELLON, FL 34432
      View Details
    • $1,124,725
      2,372 SF

      Equestrian Estate with Wellness Retreat

      Exceptional horse property designed for performance, comfort, and care.
      20462 SW 36TH STREET, DUNNELLON, FL 34431
      View Details
    • $1,599,995
      250 SF

      Equestrian Farm Near World Center

      50-acre equestrian farm with barns near World Equestrian Center.
      7970 SW 140TH AVENUE, DUNNELLON, FL 34432
      View Details
    • $850,000
      1,334 SF

      Versatile Farm in Dunnellon, Florida

      19+ acre farm near equestrian centers with income potential.
      20540 SW 5TH PLACE, DUNNELLON, FL 34431
      View Details
    • $16,400

      Vacant Land in Dunnellon, FL

      Vacant land near Dunnellon town center with seller financing.
      1699 W Henry Blair Lane, Dunnellon, FL 34434
      View Details
    • $285,000

      Versatile Building Near Dunnellon

      Versatile building with office spaces, kitchen, and detached garage.
      11840 N Angus Hills Terrace, Dunnellon, FL 34433
      View Details
    • $315,000

      Commercial Property in Dunnellon, Florida

      Commercial property with retail, office, and warehouse space for sale.
      2728 W Dunnellon Road, Dunnellon, FL 34433
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Prime 5-acre parcel near SR 200 and Rainbow Springs.
    Where is this agricultural land / farmland located?
    The property is located at SW HWY 484 Dunnellon, FL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Prime 5‑acre lot zoned A‑1 (Residential/Agricultural).; Excellent location: just 0.75 miles from SR 200, Walmart, Advent Health, Timber Ridge ER, restaurants, and stores.; High and dry land with 330 ft of road frontage on CR 484 Highway.
    (772) 233-5565
    We can help!
    Listing Contact
    Arlene Flori
    Arlene Flori
    Real Estate License ID: 364530
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    SW HWY 484, DUNNELLON, FL 34432
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!