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Property profile & analytics
OFF-MARKET
Land

0 150Th Ave Morriston, FL 32668

78.07 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 78.07-acre property in Marion County, Florida, presents a rare opportunity for equestrian enthusiasts, agricultural entrepreneurs, or those seeking a tranquil country lifestyle. Located in the Farmland Preservation Area, this land boasts a coveted location just 11.1 miles from the World Equestrian Center and 4.7 miles from the HITS winter circuit. The property, offered for sale for the first time in over 60 years, features expansive pastures dotted with mature live oaks. Existing fencing enhances its practicality. The absence of wetlands simplifies development. Zoned A1, this land is ideal for a variety of uses, including the creation of a prestigious equestrian estate, a thriving agricultural enterprise, or a peaceful recreational homestead. The $2,927,625 asking price translates to $37,500 per acre, reflecting the exceptional value and prime location. The property's APN is 12202-000-00. Situated at NW 150th Ave, Fellowship, FL 32668, this remarkable parcel offers a unique blend of natural beauty, convenient access to world-class equestrian facilities, and the assurance of sustainable land use within the Farmland Preservation Area. This is a chance to build your dream in a setting where potential and tranquility meet.

Property profile
Verified
Property type Land
Lot 78.07 ac (3,400,729 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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