Sign Up Successful!
You now have access to more from Realmo!
    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

    SW 97Th St Ocala, FL 34476

    Sponsored
    For Sale
    Contact for pricing

    Land - OCALA, FL

    Lot size:
    0.17 Acres
    Days on Market:
    114
    Last Refresh:
    Feb 25 at 6:06 am

    Property Features for SW 97Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    APN
    3570-012-008
    Lot size
    0.17 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Cynthia Kauffman

    Southern Associates Realty LLC (352) 877-3099

    Listing agent Cynthia Kauffman (352) 877-3099 License #3386604

    Listing date Nov 4, 2025

    MLS# OM709785 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

    Vacant Lot in Leighton Estates

    This vacant 0.17-acre lot is located in Leighton Estates. The property is not located in a flood zone and has no HOA. Any information regarding mobile home or building options should be verified with Marion County. For GPS purposes, use the address next door at 3135 SW 97th St. The property is located in Ocala, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.174769
    Latitude
    29.081789

    Nearby Similar for Sale

    • New
      $1,290,000
      3,661 SF

      Ocala Wedding Venue and Farm

      Thriving wedding venue, agritourism, and Airbnb business on 8.30 acres.
      889 SW 165Th St, Ocala, FL 34473
      View Details
    • $3,250,000
      4,400 SF

      Ocala Equestrian Farm with Gardens

      42-acre horse farm with gardens near equestrian centers.
      12500 NW 100Th St, Ocala, FL 34482
      View Details
    • $499,000
      1,946 SF

      Turn-Key Salon on 1.47 Acres

      Remodeled commercial property on NE Jacksonville Rd, Ocala, Florida.
      3132 NE Jacksonville Rd, Ocala, FL 34479
      View Details
    • $1,099,000
      2,621 SF

      Ocala Equestrian Estate with Guest House

      5-acre equestrian estate featuring updated main residence, guest house, and barn.
      7509 SW 93Rd Street Rd, Ocala, FL 34476
      View Details
    • $1,599,000
      2,395 SF

      Equestrian Farm Minutes From WEC

      Updated 6+ acre farm in gated equestrian community.
      6208 NW 12Th St, Ocala, FL 34482
      View Details
    • $1,600,000
      1,404 SF

      Ocala Farm Near Equestrian Center

      10-acre farm near World Equestrian Center in Ocala, Florida.
      4520 NW 95Th Avenue Rd, Ocala, FL 34482
      View Details
    • $1,999,999
      3,794 SF

      Ocala Farm with Equestrian Amenities

      6.89-acre Ocala farm featuring residences, barn, and equestrian facilities.
      10925 SW 16Th Ave, Ocala, FL 34476
      View Details
    • $915,000
      2,298 SF

      Equestrian Farm in Ocala, FL

      12-acre farm with renovated home and equestrian facilities.
      6980 SW 72Nd Ct, Ocala, FL 34476
      View Details
    • New
      $2,950,000
      3,053 SF

      Equestrian Estate Near World Center

      Luxury equestrian estate with modern amenities and professional facilities.
      11098 NW 50 Ln, Ocala, FL 34482
      View Details
    • $1,670,000
      2,985 SF

      Ocala Equestrian Farm with Modern Home

      12.71-acre Ocala farm with equestrian facilities and updated home.
      11851 SW 38Th St, Ocala, FL 34481
      View Details
    • $2,800,000
      5,947 SF

      Luxury Horse Farm Near WEC

      Impressive horse farm blending luxury living with equestrian functionality.
      1219 SW 63Rd Street Rd, Ocala, FL 34476
      View Details
    • $999,999
      2,820 SF

      Equestrian Farm with Income Potential

      18-acre Ocala farm with pool home, barns, and rental income.
      208 NE 70Th St, Ocala, FL 34479
      View Details

    FAQs

    What type of property is this?
    Land - Vacant 0.17-acre lot, no flood zone, no HOA.
    Where is this land located?
    The property is located at SW 97Th St Ocala, FL.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: - Vacant lot in desirable Leighton Estates, ready for your vision.; - No HOA fees, offering you more freedom and flexibility.; - Not located in a flood zone, providing peace of mind.
    (352) 461-1038
    Request Owner's contact information
    SW 97Th St Ocala, FL 34476
    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.
    SW 97Th St
    Ocala, FL 34476
    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
    SW 97Th St Ocala, FL 34476
    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

    We can help!
    Listing Contact
    Cynthia Kauffman
    Real Estate License ID: 3386604
    (352) 461-1038 (352) 877-3099
    Learn more
    Google sign-in failed. Please try again or use another login method.