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    Equestrian Paradise Near WEC & HITS Title is generated by Realmo AI

    22 Wood Ridge Drive, Ocala, FL 34482

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    For Sale
    $2,000,000

    17-acre equestrian property with 13-stall barn near WEC and HITS.

    Type:Farm
    Property size:
    2,288 SF
    Lot size:
    17.00 Acres
    Price / SF:
    $874/SF
    Added:
    Oct 30, 2025
    Days on Market:
    204
    Last Refresh:
    Apr 1 at 9:09 pm

    Property Features for 22 Wood Ridge Drive

    General Information

    Standard status
    Active
    Size
    2,288 SF
    Lot size
    17.00 Acres
    Property subtype
    Farm

    Building Details

    Year Built
    1973

    We can help!

    Listing Contact
    Maria Bernal
    Maria Bernal

    Listing agent Maria Bernal License #3223437

    Listing office RE/MAX PREMIER REALTY

    Listing date Oct 30, 2025

    Source Xome

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

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX PREMIER REALTY

    HighLights

    • Prime Equestrian Location: Minutes from World Equestrian Center (WEC) and HITS.
    • Comprehensive Equestrian Facilities: Includes a 13‑stall center‑aisle barn, a 3‑stall shed barn, 6 cross‑fenced paddocks with auto‑waterers.
    • Move‑In Ready Home: Features a freshly updated 3‑bedroom, 2‑bath home with natural light, a pool, and lush landscaping.
    • Recent Extensive Upgrades: New roof (2019), new well pump (2020), new pool pump with heater (2024), new interior & exterior paint (2025), new fencing & limestone driveway (2025), and all new appliances (2024).
    • Ample Acreage and Privacy: 17 acres with potential for a riding arena or private trails.
    • Includes 3 RV hookups for guests, riders, or caretakers.

    Overview

    This 17-acre equestrian property is located near the World Equestrian Center (WEC) and HITS. It features a 13-stall center-aisle barn designed with concrete block and wood-slat stalls, as well as an additional 3-stall shed barn with direct field access. The property includes six cross-fenced paddocks, each equipped with auto-waterers, and a spacious grass area suitable for setting up a jump course or dressage ring. There are also three RV hookups available. The barn has been updated with new electrical in 2020. The property includes a 3-bedroom, 2-bath home. Recent upgrades include a new pool pump with heater (2024), a new inground well pump (2020), a new roof (2019), new interior & exterior paint (2025), new fencing & limestone driveway (2025), 400 new hedge plants (2025), and all new appliances (2024). The back acreage offers the possibility to design a riding arena or private scenic trail. The property is suited for training, boarding, or enjoying the equestrian lifestyle.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hair Salon Hotel & Motel Pharmacy Food Market Grocery & Convenience Store HVAC Service Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.3546438
    Latitude
    29.1933296

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    FAQs

    What type of property is this?
    Horse & equestrian property - 17-acre equestrian property with 13-stall barn near WEC and HITS.
    Where is this horse & equestrian property located?
    The property is located at 22 Wood Ridge Drive Ocala, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Prime Equestrian Location: Minutes from World Equestrian Center (WEC) and HITS.; Comprehensive Equestrian Facilities: Includes a **13‑stall center‑aisle barn**, a 3‑stall shed barn, 6 cross‑fenced paddocks with auto‑waterers.; Move‑In Ready Home: Features a freshly updated 3‑bedroom, 2‑bath home with natural light, a pool, and lush landscaping.
    (352) 732-3222
    We can help!
    Listing Contact
    Maria Bernal
    Maria Bernal
    Real Estate License ID: 3223437
    Learn More
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    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.

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