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Property profile & analytics
OFF-MARKET
Land

2197 3Rd St Ocala, FL 34470

3.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.38-acre parcel presents a rare development opportunity in Ocala, Florida. Zoned R3, this high-density residential site is one of the last large tracts available within city limits, offering significant potential for a high-impact project. Ideally situated just off State Road 40, the property enjoys convenient access from both Northeast 3rd and Northeast 7th Streets, and sits directly across from the Ocala City Golf Course. Its prime location offers proximity to Downtown Ocala (minutes away) and Silver Springs Theme Park (2 miles). The land boasts a flat topography with a gentle slope ensuring excellent drainage. Extensive due diligence has already been completed, including soil borings, eliminating significant pre-development hurdles. Essential utilities are in place, further streamlining the development process; a sewage manhole is conveniently located on the site. This is a unique chance to acquire a premium parcel in a highly desirable Ocala neighborhood, poised for exceptional returns. The property's features, combined with its strategic location, make it an unparalleled investment opportunity for discerning developers. This level lot at 2197 NE 3rd St, Ocala, FL 34470, presents a chance to build a legacy project.

Property profile
Verified
Property type Land
Lot 3.38 ac (147,233 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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