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    16385 112Th Ct Reddick, FL 32686

    For Sale
    $3,000,000

    40-Acre Commercial Property, $3M

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 40-acre commercial property in Reddick, Florida presents a unique investment opportunity. The property comprises four 10-acre parcels, each fully irrigated, supporting a highly successful and established tree farm and nursery business. Included in the sale is approximately $1.5 million worth of existing inventory, equipment, and infrastructure, ensuring a seamless transition for the new owner. The property also features a comfortable 2-bedroom, 2-bathroom home, perfect for on-site living or use as a manager's residence. The fertile land and advanced irrigation system contribute to the farm's consistent productivity. Located just 20 miles from the World Equestrian Center in Ocala, this property benefits from its proximity to a major equestrian hub and the thriving tourism associated with it. Situated in the tranquil, agricultural heart of Marion County, this location offers a blend of peaceful rural living and convenient access to key markets. This turnkey operation is ideal for experienced agricultural professionals seeking expansion or newcomers looking to enter the industry. The property's established infrastructure and high-value inventory make this a truly exceptional investment opportunity in a desirable Florida location.

    Property Features for 16385 112Th Ct

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,742,400 SF

    Building Details

    Year Built
    2005
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Garden Center Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Reddick
    County
    Marion
    State
    Florida
    Longitude
    -82.30709
    Latitude
    29.38306

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    FAQs

    What type of property is this?
    Commercial real estate - 40-Acre Commercial Property, $3M
    Where is this commercial real estate located?
    The property is located at 16385 112Th Ct Reddick, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    (352) 475-2199
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    Realmo Value Estimation

    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.

    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.

    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
    16385 112Th Ct Reddick, FL 32686
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