200 State RdOcala, FL 34476

Property Details for 200 State Rd

Lot size

10.00 AC

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional 10-acre commercial property in Ocala, Florida, presents a remarkable investment opportunity. Located on SW State Road 200, this Class A site boasts 700 feet of highway frontage, providing unparalleled visibility and accessibility. The property is comprised of five contiguous parcels (APN: 35485-005-02, 35485-000-07, 35485-000-04, 35485-005-03, 35485-000-06), offering a nearly perfect square footprint ideal for development. Zoned B-2, it's perfectly suited for a multi-family or mixed-use Planned Unit Development (PUD). The location is highly desirable, offering convenient access to a wide array of retail, restaurants, services, and grocery stores. Public transportation is readily available, enhancing its appeal. Utilities, including water and sewer, are on-site. An existing billboard with a current lease adds to the property's income potential. A recent appraisal (completed 9/17/2024) is available upon request. The property's strategic corner location at the intersection of SW 73rd Street and Highway 200 ensures excellent ingress and egress for both eastbound and westbound traffic. Its proximity to the Ocala International Airport and the World Equestrian Center (WEC), along with its short distance to Downtown Ocala, further enhances its value and potential. The asking price is $4,400,000.

Location Insight

City

Ocala

County

Marion

State

Florida

Latitude

29.1119

Longitude

-82.2242

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