9283 State Rd Ocala, FL 34481
- Retail properties
- 49,200 SF
Current Use by Public Records
- Retail properties
Property Details for 9283 State Rd
- Year built
- 2020
- Property size
- 49,200 SF
- Property type
- Retail properties
Description
Timber Ridge Commons offers 49,200 square feet of Class A retail space in five buildings, situated on a 5.8-acre lot in Ocala, Florida. This multi-tenant development boasts 26 suites, with five currently available, ranging from 1,725 to 11,400 contiguous square feet. The property features 204 parking spaces (4.15/1000 sq ft), a prime location at SW Hwy 200 and SW 91st Ave, and benefits from high visibility and accessibility due to multiple points of ingress and egress. Each building includes one unit equipped with a grease trap, ideal for food service businesses. Currently, the units are delivered as raw unfinished shell space, including concrete floors, 2-hour fire-rated demising walls, and a space for a single bathroom. Utilities are stubbed to each unit (water, electric, low voltage, sewer). A tenant improvement allowance is negotiable based on tenant use, lease term, and creditworthiness, with a free build-out period provided. Landlord will not amortize buildout costs into rent or perform the buildout. Pylon signage is available. The estimated NNN rent is $4.75 per square foot annually. The property is zoned B4 and has an APN of 35300-031-01, 05, 06, 07. This rapidly growing area is experiencing significant population growth, with a nearby 324-unit apartment complex currently under construction. The property's strategic location at the convergence of Crystal River and Dunnellon arterial roads, coupled with adjacent residential developments, ensures high traffic volume and strong potential for business success.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.274
- Latitude
- 29.0638
