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Property profile & analytics
OFF-MARKET
Commercial real estate

2015 14Th St Ocala, FL 34470

11.37 ac lot
Property ID
US18-9361802
Property summary
AI-generated overview

This exceptional 11.37-acre parcel presents a remarkable opportunity for residential development in Ocala, Florida. Boasting over 1300 feet of frontage on NE 14th Street and 680 feet on NE 19th Avenue, this property offers significant visibility and accessibility. The land is zoned for low-density residential use, allowing for up to 18 units per acre, ideal for apartments, townhomes, or condominiums. Its strategic location places it directly across from established communities like Wedgewood Estates and Autumn Oaks, suggesting strong potential for attracting residents. This site is identified in the East Ocala CRA Redevelopment Plan as one of ten "high-profile, catalytic project areas" poised to positively influence future development in the region. The property's size and zoning regulations provide considerable flexibility for developers. The asking price is $1,495,000. Annual property taxes (November 2023) were $9,383.91. City of Ocala provides water and sewer services (contact 1805 NE 30th Ave, (352) 351-6772 for details). All post-development stormwater management must be handled on-site. The parcel number is 26490-000-00, and ownership is fee simple. This is a truly exceptional opportunity to capitalize on Ocala's growth.

Property profile
Verified
Property type Commercial real estate
Lot 11.37 ac (495,277 SF)
APN 26490-000-00
UPID US18-9361802
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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