17.5+/- Multifamily Acres

3221 NW 56th St, Ocala, FL

$1,450,000

Price

17.59 acres

Lot Area

 
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Overview
Lot Area
17.59 acres
Description

17.5 +/- acres entitled for 280 units with R-3 zoning and Employment Center (EC) Land Use in place. Close to new I-75 interchange and many large national employers including Amazon, Chewy.com, FedEx and AutoZone. The property features frontage along two county roads for multiple points of ingress/egress. Water and sewer are currently located along 44th Ave west of I-75 (5,255'+/-), however, it is anticipated utilities will be extended north from NW 35th St at Amazon through the Baldwin and Acorn farms to NW 63rd Street, providing for large scale additional commercial development. Duke Energy also has a heavy transmission line which intersects the property in the SW corner. Phase l, Threatened and Endangered Study, along with Geotech analysis are complete and clear. Located in federal Opportunity Zone. Please note pricing reflects distance and unknown timeline for current utility services. Seller will not provide contingency and timeline for such services to be delivered closer to property. The property includes a three room/2 bath home, garage/workshop, a barn with five 12x16 ft stalls and a well that provides water to pastures.

Forbes ranks Ocala as one of the top five best cities for future job growth in the America. US News & World Report ranks Ocala as the 6th fastest growing city in the US. Located along Interstate 75 in North Central Florida, Ocala is a one-hour drive North of Orlando. Residents and businesses alike enjoy a high quality of life and a relatively low cost of living. Quality healthcare and one of Florida's lowest housing costs make Marion County a great place to live. The scenic landscape is graced by the pastoral beauty of more than 900 horse farms with plenty of green space for all to enjoy. If the beach is your pleasure, both coasts are within a one-hour drive. The Ocala National Forest provides residents and visitors with thousands of acres of forest, trails, lakes, and rivers. Marion County is home to a diverse economy with a robust workforce.

Highlights
  • Entitled for 280 Units
  • Federal Opportunity Zone
  • Close to Large Employers
  • Close to I-75
  • Land Use and Zoning in Place
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