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Property profile & analytics
OFF-MARKET
Land

3970 40Th Ave Ocala, FL 34474

Property ID
Property summary
AI-generated overview

This exceptional 1.83-acre commercial land parcel presents a prime opportunity for quick-service restaurant (QSR) development in Ocala, Florida. Located in a high-traffic area, this outparcel boasts 187 feet of frontage on SW College Road (42,733 AADT) and is conveniently situated just off Interstate 75 (95,500 AADT), ensuring maximum visibility and accessibility. The property is "curb-in ready" for a building up to 4,500 square feet and is designed to accommodate drive-thru capabilities. Its strategic location within the Ocala Berkshire Oaks Power Center, a 246,890 square foot retail center anchored by Kohl's, Ashley Homestore, and Petco, guarantees high foot traffic and strong consumer demographics. Other nearby tenants include Guitar Center, Anytime Fitness, Davita Medical, Gators Dockside, and Tijuana Flats. The site is zoned SC and benefits from recent infrastructure improvements, including a $7.7 million Florida Department of Transportation project that enhanced State Road 200/SW College Road with new turn lanes, resurfacing, and widened I-75 ramps. With over 2,250 rooftops under development within a two-mile radius and its proximity to Market Street at Heath Brook (0.5 miles), this property offers exceptional growth potential. The seller may consider dividing the parcel to accommodate two operators. The Marion County APN is 2390-003-002. This is a truly exceptional opportunity for a QSR operator seeking a high-visibility location in a thriving retail environment.

Property profile
Verified
Property type Land
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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