$8,000,000
SOLD AUG 21, 2024

0 W Highway 318 Unit MFRT3516778 Reddick, FL 32686

Reddick-McIntosh Neighborhood
1,052 Acres
$7,605 Price per Acre
45,825,120 Sq Ft Lot

Recently Sold

20% Below List Price

44 Days on Market

Highlights

  • Oak Trees
  • 1,052 Acre Lot
  • Timber
  • View of Trees or Woods
  • No HOA
  • High Speed Internet

About This Lot

As of August 2024

SEALED BID- CALL FOR OFFERS DUE MAY 15
Suggested minimum price: $10,000,000

The opportunity is to purchase 1,052 acres situated north of Ocala in Reddick. It consists of 10 parcels, some of which have significant frontage along I-75 (over two miles), Highway 318 (1,700') and NW 193rd Street (1.25 miles).

The entire property is zoned A-1 with a future land use of Rural Land (RL). It's located within the Farmland Preservation Area and NE TDR Sending Area. It is estimated to have 62 acres of wetlands and 208 acres within the floodplain. Soils consist primarily of Flemington, Blichton, and Kendrick.

The subject property is situated along Highway 318 and I-75 in Reddick in northern Marion County. It's just over 0.5 miles east of I-75 (Exit 368) and 1.25 miles west of US Highway 441. It is adjacent to the Petro Travel Center, which includes a Wendy's.

The access to major thoroughfares allows for easy trips to Ocala (25 minutes), Gainesville (25 minutes), Jacksonville (1hr 30 minutes), Tampa (1hr 30 minutes), and Orlando (1hr 30 minutes). In addition, it's in close proximity to WEC Ocala Jockey Club (3 minutes), Orange Lake (5 minutes), the World Equestrian Center (25 minutes), and the Ocala National Forest (45 minutes).

The area surrounding the subject property is in transition.

The Sunny Oaks Regional Activity Center located across the street is approved for 28 acres of commercial and over 4 million square feet of industrial.

The new 1,029-acre Ocala Jockey Club has approvals for a new Equestrian Event facility, 100 site RV park, 120,000 square feet of commercial and retail, and 94 home sites.

Last Agent to Sell the Property

Michael Strahan

ESHENBAUGH LAND COMPANY Brokerage Phone: 813-287-8787 License #3320707 Listed on: 04/08/2024

Last Buyer's Agent

Michael Strahan

ESHENBAUGH LAND COMPANY Brokerage Phone: 813-287-8787 License #3320707 Listed on: 04/08/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $670

Lot Details

  • 1,052 Acre Lot
  • Lot Dimensions are 1x2x0.7x0.6x0.4x0.5
  • Property fronts a highway
  • Sloped Lot
  • Oak Trees
  • Wooded Lot
  • 10 Lots in the community
  • Additional Parcels
  • Property is zoned A1

Utilities

  • Well Required
  • Septic Needed
  • Private Sewer
  • High Speed Internet

Additional Features

  • Views of Woods
  • Timber

Community Details

  • No Home Owners Association
  • Arredondo Grant Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03154-000-00
  • Tax Block 0/0

Property Details

Property Type

Land

Est. Annual Taxes

$670

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1052
  • Lot Size Sq Ft: 45825120
  • Number Of Lots: 10
  • Directions to Property: Please speak to broker before going to view the property.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1056914
  • RATIO Current Price By Calculate: 0.17
  • Total Acreage: 500+ Acres
  • Water Access YN: 0
  • Attribution Contact: 813-287-8787
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: County Road, Highway
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 7605
  • Farm Type: Timber

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Private, Utility Pole
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A1
  • Parcel Number: 03154-000-00
  • Additional Parcels Description: 03201-000-00, 03150-000-00, 03158-000-00, 01876-000-00, 02691-000-00, 01874-000-00, 02689-000-00, 01825-000-00, 01825-001-00
  • Additional Parcels: Yes
  • Current Use: Agricultural
  • Lot Features: Buildable, Sloped
  • Lot Dimensions: 1x2x0.7x0.6x0.4x0.5
  • Flood Zone Code: X, AE
  • Lot Size Square Meters: 4257291

Tax Info

  • Tax Annual Amount: 669.73
  • Tax Block: 0/0
  • Tax Book Number: 3788/1860

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $8,000,000 -20.0% --
05/23/2024 05/23/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $10,000,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Strahan

    Seller's Agent in 2024

    Michael Strahan

    ESHENBAUGH LAND COMPANY

    (727) 430-0306

    1 in this area

    23 Total Sales

    Michael Strahan
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3516778

Stellar MLS

Florida Marion County Reddick 32686 Reddick-McIntosh

0 W Highway 318 Unit MFRT3516778, Reddick, FL

This home is located at 0 W Highway 318 Unit MFRT3516778, Reddick, FL 32686 and is currently priced at $8,000,000. 0 W Highway 318 Unit MFRT3516778 is a home located in Marion County with nearby schools including Reddick-Collier Elementary School, North Marion Middle School, and North Marion High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes