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Off Market
1/7

5019 W Highway 40
Ocala, FL 34482


HIGHLIGHTS

  • 79% jump in single family permits over previous year in 2021 - largest increase in the country
  • Ocala Metro ranked #2 in Florida and #4 in the Nation in Moneys ranking of the Top 10 Hottest Housing Markets
  • The Ocala Metro ranked #4 in Annual Wage Growth and #25 in 5-Year Wage Growth (Milken Institute)
  • Ocala Metro annual Area Median Income increased 15% Year over Year. (US Department of HUD)

OVERVIEW

PROPERTY OVERVIEW: PLANNED DEVELOPMENT APPROVED!! Over 460 Units Multi Family with Five Commercial Outparcels on State Highway! High and Dry site with City services and high traffic, this parcel is located in the growing work force sector of West Marion County. A few blocks from I75 and only two miles from industrial center providing thousands of jobs. - 30 acres - Mixed Use - Employment Center Zoning - Multi Family up to 24 units per acre - Frontage on Hwy 40 - Utilities to Site PROPERTY HIGHLIGHTS: - Population - Ocala MSA - 2021 - 385,915; 2023 - 400,000; 2040 - 500,000 - Population Ocala MSA US Census Bureau June 30,2021 - 142nd Largest Metro, Top 25 Fastest Growing by rate, 38th Fastest Growing 5.24 move in for every 1 that moves out = #1 in Nation Ocala Metro is growing by over 1200 people per month.

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Industrial / Commercial OR PD MF / Commercial

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Single Family Development

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

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APN/PARCEL ID

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