Current Use by Public Records
- Land
Property Details for 43rd Ct St
- Lot size
- 40.00 lot acres
- Property type
- Land
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.1945
- Latitude
- 29.1683
