Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Malauka Radial Road Ocklawaha, FL 32179

    View on Map
    For Sale
    Contact for pricing

    LAND - Ocklawaha, FL

    Lot size:
    0.37 Acres
    Added:
    Jan 20, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 2 at 4:06 am

    Property Features for Malauka Radial Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    9031-0946-38
    Lot size
    0.37 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    SEC 14 TWP 17 RGE 24 PLAT BOOK J PAGE 268 SILVER SPRINGS SHORES UNIT 31 BLK 946 LOT 38
    TaxAnnualAmount
    207

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Donna Knowles

    Listing agent Donna Knowles License #3479865

    Listing office Vylla Home 725 E Palmetto Park Road, Palm Coast, FL

    Listing date Jan 20, 2026

    MLS# 1222033

    Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Near Ocala National Forest

    This 0.37-acre land parcel is located on the edge of the Ocala National Forest in Ocklawaha, Florida. Situated on Lake Heron, the lot offers an opportunity for building a home or holding for potential appreciation. The property is located in Marion County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Ocklawaha
    County
    Marion
    State
    Florida
    Longitude
    -81.8543
    Latitude
    29.097

    Nearby Similar for Sale

    • $1,999,999
      6,891 SF

      Lakefront Farmhouse Estate on Acreage

      Waterfront farmhouse estate with equestrian facilities and resort-style amenities.
      5251 SE 180TH AVENUE ROAD, OCKLAWAHA, FL 32179
      View Details
    • $650,000

      Ocklawaha Commercial Building For Sale

      Multi-unit commercial building on a busy corner with ample parking.
      12300 SE 135th Ave, Ocklawaha, FL 32179
      View Details
    • $24,000

      Vacant Land in Ocklawaha, FL

      Vacant corner lot with well and septic tank.
      9465 SE 195TH AVENUE, OCKLAWAHA, FL 32179
      View Details
    • $38,000

      Ocklawaha Land with Well

      Generous lot with well, pad ready for dream home.
      127 SEQUOIA TRAIL, OCKLAWAHA, FL 32179
      View Details
    • $23,900

      Lakefront Lot in Ocklawaha, FL

      0.30-acre lakefront lot in Ocala National Forest.
      17195 SE 70TH STREET, OCKLAWAHA, FL 32179
      View Details
    • $24,900

      Ocklawaha Corner Lot Opportunity

      Spacious 0.32-acre corner lot in Silver Springs Shores.
      FISHER WAY DRIVE, OCKLAWAHA, FL 32179
      View Details
    • $225,000

      Ocklawaha Waterfront Land Parcel

      Expansive waterfront land parcel in Ocklawaha, Florida.
      16865 SE 27TH PLACE ROAD, OCKLAWAHA, FL 32179
      View Details
    • $30,000

      Lakefront Residential Lot in Ocklawaha

      Wooded lot with lake frontage, suitable for various residential uses.
      Tbd SE 167TH CT, OCKLAWAHA, FL 32179
      View Details
    • $28,900

      Residential Lot in Ocklawaha, FL

      0.44-acre residential lot, build your Florida retreat!
      Lot 1 GUAVA TERRACE, OCKLAWAHA, FL 32179
      View Details
    • $16,900

      Residential Lot Ready For Development

      0.24-acre residential lot in established neighborhood, ready for development.
      0 MALAUKA LANE, OCKLAWAHA, FL 32179
      View Details
    • $72,500

      Double Lot Ready to Build

      Cleared, leveled double lot ready for your dream home.
      0 FISHER LOOP, OCKLAWAHA, FL 32179
      View Details
    • $22,000

      OCKLAWAHA, FL Land For Sale

      Residential land with water view, near Lake Weir and Ocala.
      ORANGE RD, OCKLAWAHA, FL 32179
      View Details

    FAQs

    What type of property is this?
    Land - Land on Lake Heron's edge, ideal for building or investment.
    Where is this land located?
    The property is located at Malauka Radial Road Ocklawaha, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large lot on Lake Heron, perfect for waterfront living.; Located on the edge of the Ocala National Forest, offering unparalleled access to nature.; Electricity Available, simplifying the building process.
    (904) 495-6987
    We can help!
    Listing Contact
    Donna Knowles
    Real Estate License ID: 3479865
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!