Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Lot Near Salt Springs Title is generated by Realmo AI

    23714 NE 119TH Pl, Salt Springs, FL 32134

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    0.43 acre vacant lot near Ocala National Forest.

    Type:Land
    Lot size:
    0.43 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    64
    Last Refresh:
    Apr 3 at 5:13 pm

    Property Features for 23714 NE 119TH Pl

    General Information

    Standard status
    Active
    Lot size
    0.43 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Kari Harris

    Listing agent Kari Harris License #3492991

    Listing office

    Listing date Apr 3, 2026

    Source Elliman

    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 Kari Harris

    HighLights

    • Proximity to Salt Springs, Silver Glen, and Juniper Springs.
    • Located near miles of ATV/UTV/hiking trails in the Ocala National Forest.
    • 0.43 acre lot in Salt Springs.
    • Includes a small garage building.
    • Quiet neighborhood with a tranquil tree canopy.
    • Close to public boat ramps.

    Overview

    This 0.43-acre vacant lot is lightly wooded and includes a small garage building. It is situated in Salt Springs, near public ramps and the Salt Springs, Silver Glen, and Juniper springs. The location provides access to miles of ATV/UTV/hiking trails within the Ocala National Forest. The property is located in a quiet neighborhood characterized by a tranquil tree canopy. The bike score is 23, indicating it is somewhat bikeable, and the walk score is 3, suggesting car dependence.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Hotel & Motel Bar & Pub Electrical Service Bed & Breakfast Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Salt Springs
    County
    Marion
    State
    Florida
    Longitude
    -81.7617126
    Latitude
    29.3260187

    Nearby Similar for Sale

    • $1,300,000
      19,916 SF

      Salt Springs Retail and Storage

      Retail plaza with storage units in high-growth tourist area.
      14100 N Highway 19, Salt Springs, FL 32134
      View Details
    • $435,000
      4,844 SF

      Mixed-Use Investment Opportunity

      Mixed-use property with store, house, and duplexes in Salt Springs.
      12959 NE 250TH COURT, SALT SPRINGS, FL 32134
      View Details
    • $46,000

      Deeded RV Lot with Concrete Pad

      Deeded RV lot featuring a large concrete pad and room for parking within a resort community.
      25211 NE 142ND STREET, SALT SPRINGS, FL 32134
      View Details
    • $56,500

      Salt Springs Resort Deeded Lot

      Deeded lot with lake view and resort amenities.
      25146 NE 140TH Loop 71, SALT SPRINGS, FL 32134
      View Details
    • $8,500

      Cleared Lot in Kerr Shores

      0.12 acre lot with lake access and amenities.
      TBD NE 130 Pl, SALT SPRINGS, FL 32134
      View Details
    • $73,700

      Lake Kerr RV Resort Opportunity

      RV lot in gated resort community with income potential.
      25160 140th Loop NE, Salt Springs, FL 32134
      View Details
    • $77,000

      Deeded RV Resort Lot

      Deeded lot in a gated resort setting with space for your unit, vehicles, and storage shed.
      25314 NE 141ST STREET, SALT SPRINGS, FL 32134
      View Details
    • $85,000

      Salt Springs Waterfront Resort Lot

      Waterfront lot with 5th wheel camper in Salt Springs.
      25129 NE 143RD LOT 479 Lane, Salt Springs, FL 32134
      View Details
    • $73,700

      Land in Salt Springs Resort

      RV and cottage friendly resort with income potential.
      25160 140TH LOOP NE, SALT SPRINGS, FL 32134
      View Details
    • $8,500

      Cleared Lot in Salt Springs

      Cleared, fenced lot with well and septic in Salt Springs.
      Tbd NE 130 PLACE, SALT SPRINGS, FL 32134
      View Details
    • $56,500

      Land with Lake Kerr View

      Deeded lot with lake view and resort amenities.
      25146 NE 140TH LOOP, SALT SPRINGS, FL 32134
      View Details
    • $67,500

      RV Lot Near Salt Springs

      RV lot near Ocala National Forest with many amenities.
      25205 NE 142ND STREET, SALT SPRINGS, FL 32134
      View Details

    FAQs

    What type of property is this?
    Land - 0.43 acre vacant lot near Ocala National Forest.
    Where is this land located?
    The property is located at 23714 NE 119TH Pl Salt Springs, 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: Proximity to Salt Springs, Silver Glen, and Juniper Springs.; Located near miles of ATV/UTV/hiking trails in the Ocala National Forest.; 0.43 acre lot in Salt Springs.
    (352) 817-6402
    We can help!
    Listing Contact
    Kari Harris
    Real Estate License ID: 3492991
    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

    Thank You for Inquiry
    23714 NE 119TH Pl, SALT SPRINGS, FL 32134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!