JLL DEAL ROOM: https://invest.jll.com/uk/en/listings/land/nw-44th-avenue-development-site Jones Lang LaSalle Americas, Inc. is pleased to offer the sale of NW 44th Ave Land, a multifamily development site located in the dynamic City of Ocala, Florida. Spanning ±23.24 acres, the Site is conveniently situated along US-Hwy 27 (±22,000 VPD) less than a mile from the I-75 (±95,500 VPD) interchange and is nearby to dominant industry sector hubs in logistics, healthcare, and retail, yet secluded north of the current units under construction within five miles. Ocala is favorably positioned as a central location between Orlando, Tampa, Jacksonville, and Daytona, creating the ideal location for distribution facilities. From 2019-2023, distribution and warehouse inventory surged ±43% in Ocala, now home to companies such as Amazon, FedEx, AutoZone, Chewy, and Coca-Cola. Notably, the Ocala/Marion County Commerce Park is located ±2 miles from the Site and is home to over 4,100 employees. Healthcare is also a leading employment driver as 4 hospitals (AdventHealth Ocala, HCA Florida Ocala Hospital, HCA West Marion Hospital, UF Health) sit within 5.5 miles from the Site, totaling ±930 beds and ±6,775 employees. Just ±1 mile from the Site is the new UF Health Ocala Neighborhood Hospital, a 150K SF facility which a ribbon-cutting ceremony was held for in June 2024. Supporting the area's robust residential and employment base is the dense retail corridor along SR-200 (±45,000 VPD), roughly a 4.5-mile drive from the Site. Shopping destinations with top national retailers include the Paddock Mall, Gaitway Plaza, Boyd Market Center, Shady Oaks, and Ocala West. Ocala is also uniquely renowned as the Horse Capital of the World, anchored by the World Equestrian Center and home an equine industry that generates $4.3B in regional annual economic impact. The Site is entitled for up to 384 multifamily units and offers the ideal opportunity for new ownership to strategize a development plan that maximizes value based on the trade area's versatility.