NE 28th St - Commercial LAND FOR SALE


Ocala, FL 34470- Northeast Ocala305,356 SF
$975,000 USD
352-817-6474
NE 28th St, Ocala, FL for Sale
$975,000 USD
Commercial LAND - FOR SALE
1/9
305,356 SF


HIGHLIGHTS

  • Raw land on a corner parcel with PD zoning, allowing for multi-family use and customization to an owner’s desires.
  • The adjacent site sold for $1.1 million in June 2020, and apartments built there are now 100% leased.
  • Accessible by bus via the Yellow route stopping within walking distance and within a seven-mile radius of Ocala International Airport.
  • National retailers nearby include Family Dollar, McDonald’s, Wendy’s, Burger King, Subway, AutoZone, and more.
  • 174,927 people living within a ten-mile radius, with household spending within a five-mile radius being the third highest consumer spending category.

OVERVIEW

This development site offers a prime opportunity to acquire land approved for 84 to 100 multifamily units in the growing Ocala market. Situated on NE 28th Street, the property is well located near schools, dining options, and essential amenities, providing future residents with convenience and quality of life. The site also offers excellent access to major roads, including U.S. Highway 301, State Road 40, and Interstate 75, ensuring seamless connectivity throughout Ocala and to regional destinations such as Gainesville and Orlando. With entitlements already in place, this property significantly reduces development timelines and risk, making it an attractive option for developers and investors. Ocala continues to experience strong population growth and economic expansion, driven by healthcare, logistics, and manufacturing sectors. Its strategic location along the I-75 corridor positions it as a key hub in Central Florida, offering access to a large labor pool and diverse employment base. This site is ideally suited for delivering much-needed housing in a thriving market.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/ACRE

$139,087/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Corner Lot with Zoning for 100 Units

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

7.01 AC

LAND SF

305,356 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

PD

APN/PARCEL ID

24858-001-01

ASK ABOUT THIS PROPERTY

Sandon WiechensWiechens Realty, Inc.More Info
352-817-6474

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Sandon WiechensWiechens Realty, Inc.More Info
352-817-6474

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.