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4400 40th Ave
Ocala, FL 34474 Southwest Ocala

$4,550,000 USD

Land For Sale  •  17 AC

Property Details

  • Property Type Land
  • Lot Size 17 AC
  • Zoning R-3 Multifamily Resid.
0 Transit Score
40 Walk Score

Description

Franklin Street presents 17.31± acres positioned immediately adjacent to I-75 in Ocala’s primary retail and residential growth corridor. The property offers flexibility for continued multifamily development under its existing R-3 zoning or potential repositioning for a range of commercial and institutional uses.

Conceptual development alternatives include hotel, medical office, senior living, assisted living, charter school and flex or multi-tenant commercial uses. Any use not permitted under the existing R-3 zoning would be subject to rezoning, entitlement and governmental approval.

The site benefits from visibility to approximately 112,000 vehicles per day along I-75 and convenient connectivity to SW 43rd Street and SR 200. Nearby amenities include Market Street at Heath Brook, HCA Florida West Marion Hospital, Dillard’s, Sam’s Club, Kohl’s, Starbucks, Chick-fil-A, Panera Bread and Epic Theatres.

The property may be acquired as a whole, with subdivided or carve-out opportunities considered based on use, size, location and design.

Highlights

17.31± acre development opportunity | Willing to Subdivide
Approximately 112,000 VPD along I-75
Existing R-3 Multifamily Residential zoning
Existing conceptual multifamily site plan
Potential mixed-use repositioning strategy
Conceptual hotel, medical, senior living and institutional uses
Shaun Mayberry 904-219-9035 Franklin Street
Shaun Mayberry 904-219-9035 Franklin Street