Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ready-to-Use Land with Barn Title is generated by Realmo AI

    42415 BIG OAK Rd, Altoona, FL 32702

    View on Map
    Claim this Listing
    For Sale
    $410,000

    Land with barn, utilities, fencing, and RV parking.

    Type:Land
    Added:
    Apr 12, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 12 at 5:54 am

    Property Features for 42415 BIG OAK Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Levi Salmans
    Levi Salmans

    Listing agent Levi Salmans License #549696

    Listing office Xcellence Realty, Inc

    Listing date Apr 12, 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 Xcellence Realty, Inc

    HighLights

    • Turnkey Ready: Well, underground electric, and extensive fencing already installed.
    • Barn with Amenities: 24x36 barn with a full bathroom, washer/dryer hookups, 12 ft roll‑up door, stalls, tack room, and covered porch.
    • RV Parking: Covered 20x50 RV parking with 80 amp service.
    • Ideal Building Site: High and dry lot with a pond in the northeast corner.
    • Livestock Ready: Fully fenced and cross‑fenced with no‑climb fencing, divided into 3 paddocks with good grass and shade trees.
    • Carport Included: Comes with an approximately 20x20 carport.

    Overview

    This property includes underground electric and a well. It is fully fenced and cross-fenced. A roughly 20x20 carport is included. The property also features a 24x36 barn with a full bathroom, washer and dryer hookups, a 12 ft roll-up door, two 12x12 stalls, and a tack room. The barn has a 12x36 covered porch. There is also a 20x50 RV parking area with 80 amp service under the same roof. The lot is mostly high and dry, except for the northeast corner where a pond is located. The electrical box is nearby, ready for building. The fencing is in good condition, suitable for horses, sheep, or goats. The grass is good and divided into 3 paddocks. There are shade trees for animals and an open area suitable for a riding arena or garden. The barn is suitable for hobbies or a home business. The property is ready for a homestead lifestyle.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Showroom Food Market Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Lake
    State
    Florida
    Longitude
    -81.6394567
    Latitude
    28.9672991

    Nearby Similar for Sale

    • $239,995
      57,588 SF

      Cleared Commercial Land with Water Well

      Vacant, fully cleared commercial lot zoned CP with a water well installed, positioned on US Highway 19.
      00 LAKE DAISY DRIVE, ALTOONA, FL 32702
      View Details
    • $380,000

      Equestrian Property with Barn and RV

      Move-in ready equestrian property featuring barn, RV parking, and paddocks.
      42415 BIG OAK ROAD, ALTOONA, FL 32702
      View Details
    • $349,000

      Altoona Land Near Ocala Forest

      5-acre land parcel near Ocala National Forest.
      18250 RAVENSWOOD ROAD, ALTOONA, FL 32702
      View Details
    • $279,900

      Commercial Corner Lot on Highway

      Commercial corner lot with high visibility and development potential.
      42012 STATE ROAD 19, ALTOONA, FL 32702
      View Details
    • $240,000

      Commercial Lot on US Highway

      Prime commercial lot with high visibility and accessibility.
      00 LAKE DAISY Dr, Altoona, FL 32702
      View Details
    • $239,995

      Commercial Land with Water Well

      Vacant 1.32-acre commercial lot, fully cleared and zoned CP, with a water well already installed.
      00 LAKE DAISY DRIVE, ALTOONA, FL 32702
      View Details
    • $13,500

      Land for Sale

      Land surrounded by nature, close to local conveniences.
      SE 309 AVENUE, ALTOONA, FL 32702
      View Details
    • $225,000

      Altoona Land Near Ocala Forest

      11.5 acre property near Ocala National Forest and Alexander Springs.
      0 5TH STREET, ALTOONA, FL 32702
      View Details
    • $15,000

      Vacant Land Near Ocala Forest

      0.17-acre vacant parcel near Ocala National Forest campsites.
      SE 309TH COURT, ALTOONA, FL 32702
      View Details
    • $18,000

      Vacant Lot in Altoona, FL

      Residential lot in a growing community, perfect for building.
      DEER CROSSING ROAD, ALTOONA, FL 32702
      View Details
    • $19,900

      Buildable Lot in Ocala Forest

      0.17-acre buildable lot in Ocala Forest Campsites Pinetree.
      00 SE 97TH STREET, ALTOONA, FL 32702
      View Details
    • $13,500

      Land in Altoona, Florida

      Residential land for sale in Altoona, Florida.
      0 SE 309 AVENUE, ALTOONA, FL 32702
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Land with barn, utilities, fencing, and RV parking.
    Where is this horse & equestrian property located?
    The property is located at 42415 BIG OAK Rd Altoona, FL.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: Turnkey Ready: Well, underground electric, and extensive fencing already installed.; Barn with Amenities: 24x36 barn with a full bathroom, washer/dryer hookups, 12 ft roll‑up door, stalls, tack room, and covered porch.; RV Parking: Covered 20x50 RV parking with 80 amp service.
    (407) 489-0155
    We can help!
    Listing Contact
    Levi Salmans
    Levi Salmans
    Real Estate License ID: 549696
    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
    42415 BIG OAK Rd, Altoona, FL 32702
    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!