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

    12995 N Us Highway 441 Citra, FL 32113

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,950,000

    38.62 acres prime land for commercial or equestrian development.

    Lot size:
    38.62 Acres

    Property Features for 12995 N Us Highway 441

    General Information

    Standard status
    Active
    Zoning
    A1
    Lot size
    38.62 Acres

    We can help!

    Listing Contact
    Daryl Carter
    Source: Crexi

    Listing Agency: Maury L. Carter & Associates Inc Listing Agent: Daryl Carter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Citra Gateway Land Opportunity

    This 38.62-acre property is located in Citra, Marion County, Florida, at the southwest corner of a lighted intersection. The site benefits from high visibility and accessibility in a high-traffic area. Situated at the intersection where US Highway 301 splits into US 301 and US 441, the property serves as a gateway for regional traffic. Approximately 30,000 vehicles pass the property daily. The location is suitable for future commercial, retail, or mixed-use development. The property is also suitable for an equestrian-focused development, given the surrounding area's equestrian culture, with numerous farms, training facilities, and horse-related enterprises. The area is part of an active horse country market near Ocala, known for its horse farms and equine lifestyle.
    Location Intelligence

    Current Use by Public Records

    Circle K Grocery & Convenience Store Amerigas Propane Exchange Propane Supplier Blue Rhino Propane ... Propane Supplier bp Gas Station ATM (Kangaroo Express) Atm

    Suggested Use

    Restaurant Real Estate Agency Hair Salon Food Market Bar & Pub Grocery & Convenience Store Discount Store Daycare Center Clothing & Fashion Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Citra
    County
    Marion
    State
    Florida
    Longitude
    -82.150799
    Latitude
    29.33843

    Nearby Similar for Sale

    • New
      $460,000
      10.03 Acres

      Equestrian Land in Bellemont Farms

      10-acre vacant lot in premier equestrian community.
      000 NE 15 Ct, Citra, FL 32113
      View Details
    • New
      $648,000
      1,457 SF

      Charming Mini-Farm in Citra, FL

      Updated 5-acre mini-farm with 3-bedroom home, ideal for livestock.
      1631 NE 165Th St, Citra, FL 32113
      View Details
    • $899,900
      2,200 SF

      20-Acre Farm with Barn-dominium Potential

      20-acre farm with barn, arena, and barn-dominium in Citra, FL.
      2580 NE 140Th St, Citra, FL 32113
      View Details
    • New
      $1,725,000
      2,905 SF

      Citra Farm with New Barn

      Updated farm with pool, workshop, and new five-stall barn.
      16050 NW 10Th Cir, Citra, FL 32113
      View Details
    • New
      $2,700,000
      1,148 SF

      Equestrian Training Facility in Citra

      Turnkey equestrian training facility with living accommodations in gated community.
      1345-1 NE 155Th St, Citra, FL 32113
      View Details
    • New
      $3,600,000
      20.30 Acres

      Equestrian Training Facility in Citra

      Top-tier equestrian training facility in gated Bellemont Farms.
      1345-2 NE 155Th St, Citra, FL 32113
      View Details
    • $385,000
      13.68 Acres

      Equestrian Land Near World Center

      13.68 acres in Marion County's premier equestrian corridor.
      000 NE 8Th Ave, Citra, FL 32113
      View Details
    • $1,395,000
      1,872 SF

      Equestrian Property with Olympic Arena

      Turnkey equestrian facility with training infrastructure and expansion potential.
      4540 Highway 318 W, Citra, FL 32113
      View Details
    • $6,900,000
      1,148 SF

      Premium Equestrian Estate in Citra

      Turnkey equestrian estate with training tracks in Ocala's horse country.
      1345 NE 155Th Pl, Citra, FL 32113
      View Details
    • $648,000

      Charming Mini-Farm in Citra, Florida

      Updated 5-acre mini-farm between Ocala and Gainesville.
      1631 NE 165Th St, Citra, FL 32113
      View Details
    • $325,000

      Equestrian-Ready Home on Three Acres

      Updated 3-bedroom home with equestrian facilities on 3 acres.
      18558 NE 12Th Ct, Citra, FL 32113
      View Details
    • $1,300,000
      Pending

      Citra Farm with Prairie Views

      Unique rural retreat with expansive spaces and recreational amenities.
      15615 NE 21St Avenue Rd, Citra, FL 32113
      View Details

    FAQs

    What type of property is this?
    Commercial land - 38.62 acres prime land for commercial or equestrian development.
    Where is this commercial land located?
    The property is located at 12995 N Us Highway 441 Citra, FL.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Premier gateway location at a lighted intersection with high visibility.; - High-traffic area with nearly 30,000 daily drivers.; - Ideal for commercial, retail, or mixed-use development.
    Request Owner's contact information
    12995 N Us Highway 441 Citra, FL 32113
    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.
    12995 N Us Highway 441
    Citra, FL 32113
    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
    12995 N Us Highway 441 Citra, FL 32113
    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
    Daryl Carter
    Real Estate License ID: 446269
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!