96 Cypress Rd Ocala, FL 34472-5101
- Mining Land & Claims
- 85.72 lot acres
May 20, 2021
Current Use by Public Records
- Mining Land & Claims
Property Details for 96 Cypress Rd
- Lot size
- 85.72 lot acres
- Zone code
- M1
- Property type
- Mining Land & Claims
- APN
- 9029-0723-00
- APU
- 9029072300
Description
Exceptional investment opportunity: 93.75 acres of land in Ocala, Florida's rapidly growing Marion County (APN: 9029-0723-00). This Planned Unit Development (PUD) is fully entitled and shovel-ready, offering immediate development potential. The approved plan includes over 1200 residential units (expandable to 1351), 3+ acres of commercial space, and 6+ acres for additional residential or amenities. Unit types can include single-family homes, duplexes, triplexes, and quadplexes. Buildings can reach up to four stories (50ft). The property is zoned for B-2 commercial use, including assisted living facilities. The site requires 1808 parking spaces. Located in a flood zone "X" designation. Surrounded by established schools and near major employers, including light industrial and manufacturing corporations. Ocala's strong growth trajectory, proximity to The Villages retirement community, and the World Equestrian Center further enhance this property's value. The county is actively planning for future traffic flow to accommodate growth. Subdivision possibilities exist for commercial or assisted living development. Minimum setbacks for individual conveyances are 25' front, 15' rear, and 20' side separation between buildings. The project will maintain an established HOA or developer. Asking price: $12,000,000.
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
- -82.0062
- Latitude
- 29.0878
- CBSA code
- 36100
- CBSA name
- OCALA, FL METROPOLITAN STATISTICAL AREA
