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Residential Development Land Opportunity
For Sale
$1,495,000
Pending

5802 CHERRY ROAD, Ocala, FL 34472

Prime residential home lot land in Marion County with straightforward drive-up access.

Property SizeContact for details
Days on Market1843

Property Features for 5802 CHERRY ROAD

General Information

Standard status Pending
Property subtype Land
Zoning B2

Taxes and HOA fees

Annual Taxes $3,773
Listing Agency: KELLER WILLIAMS CORNERSTONE RE
Listed By: Chris Armstrong · License #0510183
Source: Evrealestate
Added: Oct 14, 2021 Changed: Oct 29 Last Checked: Oct 28 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS CORNERSTONE RE

Rey
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Investment Insights

Based on property information with market context.

This offering is residential land identified as home lots, positioned for buyers looking to acquire developable property for future home construction. As a land investment, it provides flexibility for an end user or investor to plan site use and layout based on the buyer’s development goals.

The property is located at 5802 CHERRY ROAD, OCALA, FL 34472, in Marion County. Access directions are provided as 35 North to Cherry Road, making it easy to reach by vehicle from the surrounding road network.

For prospective buyers, this parcel can be an appropriate match for a residential development program or for individuals seeking land to support a custom build. Because the asset is marketed as residential home lot land, it may also appeal to investors interested in holding for future opportunities within the Marion County housing market.

Property Analytics

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Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

Demographics for 34472, FL

31,701
Population
14,057
Households
2.3
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
36.3 sq mi
ZIP Area
873
Density / Sq Mi
$61,635
Median Household Income
$37,410
Median Earnings
$1,232
Median Rent
$185,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Prime residential home lot land in Marion County with straightforward drive-up access.
Where is this residential land & home lot located?
The property is located at 5802 CHERRY ROAD Ocala, FL.
What is the asking price?
The asking price for this property is $1,495,000.
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