3670 SE 148Th Ter Morriston, FL 32668
For Sale
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This exceptional 20-acre farm in Morriston, Florida, is listed at $999,000. Situated within the gated Oak Ridge Training Center, this property boasts gently rolling land with mature oak trees. The main structure is a 20-stall shedrow barn, complete with a hot water wash rack and a barn apartment (suitable for use as an office). Five paddocks, each equipped with automatic waterers, and a round pen are included. An RV hookup provides additional on-site living options. The property also benefits from access to Oak Ridge Training Center's amenities, including a one-mile lighted dirt track with a six-stall starting gate meeting current racing standards, and a 7/8-mile lighted turf track. Both tracks undergo meticulous maintenance, including yearly stripping, checking, and regrading. The property's 1,047 square feet of building space is zoned A-1. Conveniently located near Ocala and Gainesville, this farm offers easy access to various equine services and retailers. This prime location in the "Horse Capital of the World" provides proximity to the Ocala Breeders' Sales, making it an excellent investment opportunity for those seeking a thriving equine operation. The property was built in 2000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
