$6,250,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFROM670143
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
***** 25 Amazing Acres in the highly sought after State Road 40 Corridor of Ocala Marion County. *** Currently approved to Multi Family PD of over 450 units *** Can also be a great INDUSTRIAL opportunity - why rent when you can own and build your own. **** Just a quarter mile from the new County / City thoroughfare relief road that will be the second most heavily traveled road in Ocala as soon as it opens (Fall 25) *** Shared access will be through the five acres / five out parcels of commercial use on Highway frontage **** SR 200 in Ocala is out and SR 40 is the new 200! All traffic to and from the World Renowned "WORLD EQUESTRIAN CENTER" passes right by this site. **** City of Ocala Utilities already to SITE *** MOST Due Diligence COMPLETED and AVAILABLE **** Investing in Ocala Florida's commercial and industrial real estate is promising due to its rapid growth ranking first in UHaul's list of top growing US cities. It's strategic central location offers excellent connectivity to major markets like Orlando, Tampa, and Jacksonville. The city's robust economy with strong healthcare, manufacturing, and logistics sectors create high demand for industrial spaces. Additionally, Ocala's affordability and developed infrastructure support continued industrial and commercial growth. Ocala / Marion's current population is 440,000 of that the labor force is over 150,000. This site is two minutes from I 75 which is the preferred thoroughfare of 70% of all truck traffic reaching additional Florida destinations. Ocala metro has a 39% greater population reach than the I4 industrial corridor and I 75 experiences a peak of 120,000 cars per day. Population - Ocala MSA - 2023 - 440,000; 2040 - 500,000 142nd Largest Metro, Top 25 Fastest Growing by rate, 38th Fastest Growing 5.24 move in for every 1 that moves out = #1 in Nation Property currently has a PD for 450+ MF units and five commercial outparcels. Can be split for commercial / MF or Industrial use. Endless possibilities.
Financial Considerations
Price:
$6,250,000
HOA Fee:
N/A
Tax Amount:
$4188
Price per SqFt:
$5.74
Tax Legal Description:
See Legal on Prop assessor
Exterior Features
Lot Size:
1089000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
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