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    Turnkey Equestrian Farm Title is generated by Realmo AI

    9106 SW 124TH St, Archer, FL 32618

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    For Sale
    $299,900

    A ready-to-use farm with an irrigated arena, double wash rack, and multiple pastures on irrigated, high-and-dry grounds.

    Type:Land
    Lot size:
    5.89 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 2:42 am

    Property Features for 9106 SW 124TH St

    General Information

    Standard status
    Active
    Lot size
    5.89 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Whitney Johnson Perkins
    Whitney Johnson Perkins

    Listing agent Whitney Johnson Perkins License #3174403

    Listing office Keller Williams Gainesville Realty Partners

    Listing date Jun 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 Keller Williams Gainesville Realty Partners

    HighLights

    • 5.89 acres of high‑and‑dry grounds with 8 irrigated pastures and water plumbed to each paddock
    • Metal‑roofed, 6‑stall center‑aisle barn plus an irrigated arena with firm, dust‑free footing
    • Professional double wash rack near the arena/barn area
    • Climate‑controlled tack suite with a full bathroom and 12x30 footprint leading to a deep covered lounge
    • Four substantial run‑in shelters for shade and protection across the pastures
    • Dusk‑to‑dawn solar floodlights for the grounds and lighted round pen, plus dual 30/50 amp RV hookups

    Overview

    This turnkey equestrian farm is set on 5.89 acres of high-and-dry ground and built around a metal-roofed, 6-stall center-aisle barn. The facility includes a climate-controlled tack suite with a full bathroom and a covered lounge area, plus a professional double wash rack and deep-stained wood ceilings designed to keep the air cooler. Beyond the barn, you’ll find an irrigated arena with dust-free footing, a lighted round pen, and solar floodlights that run dusk-to-dawn for evening riding.

    The property is arranged with 8 pastures for easy rotation, with water plumbed to each paddock and 4 substantial run-in shelters for shade and protection. Two entry gates and a comprehensive camera system help support privacy and controlled access. The use and layout are complemented by on-site utilities already in place, including septic and well, along with dual 30/50 amp RV hookups.

    For horse owners and operators seeking a complete foundation, this setup offers practical, day-to-day infrastructure: quality barn capacity, an irrigated riding surface, wash and tack facilities, and multiple pasture areas. With the arena and lighted round pen supporting extended hours, the property is designed to accommodate consistent training and routine barn management at a single location.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Electrical Service Pet Store Restaurant Pet Store & Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Archer
    County
    Alachua
    State
    Florida
    Longitude
    -82.4758165
    Latitude
    29.5706286

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    FAQs

    What type of property is this?
    Horse & equestrian property - A ready-to-use farm with an irrigated arena, double wash rack, and multiple pastures on irrigated, high-and-dry grounds.
    Where is this horse & equestrian property located?
    The property is located at 9106 SW 124TH St Archer, FL.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: 5.89 acres of high‑and‑dry grounds with 8 irrigated pastures and water plumbed to each paddock; Metal‑roofed, 6‑stall center‑aisle barn plus an irrigated arena with firm, dust‑free footing; Professional double wash rack near the arena/barn area
    (352) 665-0600
    We can help!
    Listing Contact
    Whitney Johnson Perkins
    Whitney Johnson Perkins
    Real Estate License ID: 3174403
    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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