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    5350 SW College Rd Ocala, FL 34474

    For Sale
    $3,750,000

    Land - OCALA, FL

    Lot size:
    5.21 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 5350 SW College Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SC
    APN
    2389-100-002
    Lot size
    5.21 Acres

    Building Details

    Architectural style
    Other

    Compass (305) 851-2820 [email protected]

    Listing agent Anna Holt (941) 279-3630 License #3111105

    Listing date Oct 28, 2025

    MLS# A4670024 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Ocala Development Opportunity

    This 5.21-acre property, zoned SC (Shopping Center), presents a multi-family development opportunity off Highway 200 in Ocala. It is fully entitled for a 160-unit, 73,276 square foot, three-story apartment building, with 155 garage parking spaces and 188 perimeter spaces. Engineered plans and approvals are in place. The site is positioned behind two Class A medical and banking properties, with full access from Highway 200. It is located directly north of the Publix Super Market at Heath Brook Commons and within minutes of the Market Street at Heath Brook, AdventHealth, Paddock Mall, and various retail, dining, and employment centers. With visibility and accessibility from SW 27th Avenue and Highway 200, this infill location is suitable for luxury apartments, assisted living facility, or mixed-use residential development and medical.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CAMPUS USA Credit ... Credit Union

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Auto Repair Shop Gym & Fitness Wholesale Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.207546
    Latitude
    29.127198

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    FAQs

    What type of property is this?
    Commercial land - 5.21 acre site approved for 160-unit apartment building.
    Where is this commercial land located?
    The property is located at 5350 SW College Rd Ocala, FL.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - Fully entitled for a 160-unit apartment building with engineered plans and approvals, streamlining construction.; - Prime location off Highway 200 in a rapidly growing corridor.; - Zoned SC (Shopping Center) offering potential for multi-family or mixed-use development.
    (941) 279-3630
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    Ocala, FL 34474
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5350 SW College Rd Ocala, FL 34474
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