96 Cypress Rd Ocala, FL 34472-5101
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.
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.