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    5200 Pine Ave Ocala, FL 34480

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    1.18-Acre Commercial Lot Near New Wawa

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.18-acre commercial lot presents a prime retail investment opportunity in Ocala, Florida. Strategically located at the southwest corner of US 301 and SE 52nd Street, this property boasts a highly visible position adjacent to a brand-new Wawa, currently under construction. The lot is zoned B-5 Commercial (Heavy Business), allowing for a wide range of retail development possibilities. With a substantial lot size, this parcel offers ample space for a significant retail building. The area demonstrates strong demographics, with over 27,654 people residing within a 3-mile radius, ensuring a robust customer base. Furthermore, the high annual average daily traffic count of 33,885 vehicles provides exceptional visibility and accessibility for any business established on this site. The property's address is 5200 S Pine Ave, Ocala, FL 34480, in Marion County. This location offers excellent potential for a thriving retail venture, capitalizing on the high traffic volume and proximity to a major convenience store. The property's size and zoning make it ideal for a variety of retail uses, providing a flexible platform for development. This is a rare opportunity to secure a highly desirable commercial lot in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location with significant potential for return on investment.

    Property Features for 5200 Pine Ave

    General Information

    Property type
    Retail properties
    Lot Size
    51,401 SF

    HighLights

    • 1.8‑acre parcel.
    • B‑5 Heavy Commercial zoning.
    • Strong demographics: 27,654 residents within 3 miles.
    • High traffic count: 33,885 vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunter Outdoor Connections Self-Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.107696257321
    Latitude
    29.134816193591

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    FAQs

    What type of property is this?
    Retail property - 1.18-Acre Commercial Lot Near New Wawa
    Where is this retail property located?
    The property is located at 5200 Pine Ave Ocala, FL.
    What are key features of this property?
    This property features: 1.8-acre parcel.; B-5 Heavy Commercial zoning.; Strong demographics: 27,654 residents within 3 miles.
    Request Owner's contact information
    5200 Pine Ave Ocala, FL 34480
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    Ocala, FL 34480
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    5200 Pine Ave Ocala, FL 34480
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