4848 Hwy 40 Ocala, FL 34482-4041
This exceptional 9.43-acre commercial land parcel presents a remarkable development opportunity in Ocala, Florida. Strategically located on West Highway 40, this property boasts significant highway frontage and ample paved areas, making it ideal for a variety of commercial uses. The site is currently zoned B-2 (City of Ocala), but the owner will facilitate a zoning change to M-1/B-5 following due diligence. Existing infrastructure includes readily available city water, sewer, and power. Its advantageous position offers excellent proximity to the I-75 interchange and the Ocala Airport Commerce Center, enhancing its accessibility and appeal. Further enhancing its value, a signalized corner is planned, with road construction slated for Summer 2024, and a large-scale development is already in the planning stages for this high-traffic intersection. This property's combination of size, location, and infrastructure makes it an exceptional investment opportunity for developers seeking a prime location in a rapidly growing area. The property's APN is 22860-000-00. The asking price for this significant commercial land parcel is $6,300,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Ocala, FLOcala. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.