7685 102Nd Loop Ocala, FL 34476
- Commercial real estate
- 0.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7685 102Nd Loop
- Lot size
- 0.60 lot acres
- Property type
- Commercial real estate
- APN
- 3521-006-004
Description
This exceptional investment opportunity presents a portfolio of seven residential lots nestled within the desirable Hidden Lakes community of Ocala, Florida. Located off Highway 200, this prime location offers unparalleled convenience, situated near numerous amenities including three Publix grocery stores, various restaurants, coffee shops, financial institutions, gas stations, and a Walmart Supercenter. The proximity to Ocala International Airport, I-75, the World Equestrian Center, and Downtown Ocala further enhances its appeal. These lots, ranging from 0.25 to 0.6 acres, boast picturesque water views and are partially wooded, providing a blend of natural beauty and development potential. The lots are zoned R-1, and the seller guarantees a Certificate of Elevation for each. The current asking price for the entire portfolio is $245,000, representing a compelling value of $50,000 per acre. This established neighborhood is surrounded by 55+ communities within the rapidly growing On Top Of The World corridor. A national builder, Adams Homes, is currently constructing homes in the area, ranging from 2,400 to 2,900 square feet, priced between $385,000 and $499,000, showcasing the strong market demand and potential for significant return on investment. The property's APN is 3521-006-004, and ownership is held by an LLC. This is a rare opportunity to acquire a substantial land portfolio in a thriving Florida market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.245758481333
- Latitude
- 29.074975881076
