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    43rd Ct St Ocala, FL 34474

    For Sale
    Contact for pricing

    40 Acres, PD Zoning, Airport Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 40-acre (more or less) parcel presents a prime commercial and residential development opportunity in Ocala, Florida. Located at the intersection of SW 20th St & SW 43rd Ct St (34474), this fee-simple property boasts a Planned Development (PD) zoning designation, allowing for a diverse range of uses. City-approved plans permit up to 670 multi-family units, 75,000 square feet of retail space, and 12,000 square feet of retail/office space. An existing site plan and traffic study are available, although modifications are possible to suit buyer needs. Impact fees have already been paid, streamlining the development process. The property's strategic location near Ocala International Airport and major roadways, including State Road 200, I-75, and US Highway 441/301/27, ensures excellent accessibility. Its proximity to a new hospital and an $800 million convention center further enhances its investment potential. The high-traffic area is ideal for various developments, including office buildings, commercial structures, medical facilities, multi-family residences, restaurants, entertainment venues, and hotels. While the property has been surveyed, potential buyers should conduct their own feasibility studies. The seller is open to offers.

    Property Features for 43rd Ct St

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • 40‑acre (more or less) commercial and residential development site in Ocala, FL.
    • Prime location at SW 20th St & SW 43rd Ct (34474), with Planned Development (PD) zoning.
    • City‑approved plans allow up to 670 multi‑family units, 75,000 SF of retail, and 12,000 SF of retail/office space.
    • Approved site plan and traffic study available; impact fees paid.
    • Excellent accessibility near Ocala International Airport, SR 200, I‑75, and US 441/301/27; proximity to a new hospital and an $800 million convention center.
    • Surveyed property; buyer to conduct due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.1945381
    Latitude
    29.1682986

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    FAQs

    What type of property is this?
    Land - 40 Acres, PD Zoning, Airport Proximity
    Where is this land located?
    The property is located at 43rd Ct St Ocala, FL.
    What are key features of this property?
    This property features: 40-acre (more or less) commercial and residential development site in Ocala, FL.; Prime location at SW 20th St & SW 43rd Ct (34474), with Planned Development (PD) zoning.; City-approved plans allow up to 670 multi-family units, 75,000 SF of retail, and 12,000 SF of retail/office space.
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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
    43rd Ct St Ocala, FL 34474
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