484 Nwc Of Sr 200 & Hwy Ocala, FL 34481
This exceptional opportunity presents 1 to 12 acres (more or less) of prime retail outparcels situated at the highly visible, signalized intersection of State Road 200 (27,500 AADT) and Highway 484 (11,400 AADT) in Ocala, Florida. The property boasts 825 feet of frontage along SR 200 and 650 feet along Hwy 484, ensuring maximum exposure to a substantial daily traffic count. A key advantage is the adjacency to AdventHealth TimberRidge Emergency Room, a 24-hour facility employing 60 people and seeing 26,000 annual visits. This strategic location benefits from planned significant development immediately west, including 160 townhomes, 83,700 square feet of commercial space, a 132-room hotel, and a 92-unit assisted living facility. The area already features a strong retail presence, with nearby establishments such as Walmart, Bealls, Florida Credit Union, Advance Auto Parts, Murphy USA, Bob Evans, and Chili's. Strong demographics further enhance the appeal, with a population exceeding 43,000 and an average household income over $71,000 within a 5-mile radius. This presents a rare chance to acquire land in a thriving commercial corridor with exceptional visibility and significant growth potential. The property is located in Marion County, Florida, zip code 34481. Multiple tenancy is possible.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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