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    14091 Highway 326 Morriston, FL 32668

    For Sale
    $4,500,000

    78 Acres, Premier Horse Facility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 78-acre equestrian property in Morriston, Florida (APN 12141-000-00), offers a unique opportunity in Marion County's renowned horse country. Priced at $4,500,000 ($57,692/acre), this A1 zoned land includes a 5/8-mile racetrack, multiple paddocks, and training arenas, perfectly suited for high-performance thoroughbreds. An impressive office building overlooks the track, providing a central hub for management. On-site housing includes a residence suitable for an employee or facility manager, plus an apartment within one of the five barns, offering convenient living for staff. A maintenance shed with roll-up doors houses essential equipment. Currently operating as a successful thoroughbred breeding farm, the property is easily adaptable to a show jumping facility, catering to both amateur and professional equestrians. Its location adjacent to the HITS Ocala Winter Circuit provides unparalleled access to the equestrian community. This turnkey operation presents a rare chance to acquire a fully established and highly functional equine facility in a prime location. The property's investment potential is significant, given its existing infrastructure and strategic location within Ocala's thriving horse industry. This is a truly exceptional opportunity to own a piece of Ocala's equestrian legacy. The address is 14091 W Hwy 326, Morriston, FL 32668.

    Property Features for 14091 Highway 326

    General Information

    Property type
    Farms
    Lot Size
    3,397,680 SF

    HighLights

    • $4,500,000 asking price for 78 acres of land.
    • Located at 14091 W Hwy 326, Morriston, FL 32668 (APN: 12141‑000‑00).
    • A1 zoning, suitable for agricultural and residential uses, including equestrian activities.
    • Land value: $57,692/acre.
    • Features a 5/8‑mile racetrack, paddocks, and training arenas.
    • Includes employee housing and a maintenance shed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Hotel & Motel Department Store Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Morriston
    County
    Marion
    State
    Florida
    Longitude
    -82.3542682
    Latitude
    29.2837383

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    FAQs

    What type of property is this?
    Farm - 78 Acres, Premier Horse Facility
    Where is this farm located?
    The property is located at 14091 Highway 326 Morriston, FL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: $4,500,000 asking price for 78 acres of land.; Located at 14091 W Hwy 326, Morriston, FL 32668 (APN: 12141-000-00).; A1 zoning, suitable for agricultural and residential uses, including equestrian activities.
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    Morriston, FL 32668
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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
    14091 Highway 326 Morriston, FL 32668
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