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Investment Highlights
- Undeveloped Wooded Land in North Ocala City Limits
- Near High Growth Areas, Great Jobs, Schools, Lifestyle
- Seller-Developer has done some feasibility, currently retired.
- Project is 8-10 Executive Lots according to City Permitting
- Parklike Setting, Quiet Neighborhoods around
Executive Summary
This development is ideal for large lots and wooded natural areas. The surrounding neighborhood is low density moderate executive homes. The seller-builder says utilities are brought near the edge of the parcel. The partners had some plans and site surveys completed twenty years ago, and haven't proceeded on this project due to a retiring partner. The remaining seller is a wealth of knowledge. According to seller the city of Ocala currently prefers a lower density 8-10 lot project, with the 71 feet ingress off NW 35th street as an acceptable variance. Although the R3 zoning allowed 12 units per acre, recent prospects couldn't get that density past approval. The seller says he predicts the 8-10 parcels would work from city comments last year, and a couple low spots fit in better with that plan. Previous buyers estimated eight usable acres, and the remaining 6 acres for natural space and detention area. one seller partner Jeff is a builder in the area and may like to discuss the homebuilding phase of development. Buyer should verify everything important to buyer. Ocala Florida is influenced by a large equestrian community in the area. And spacious homesites are popular! The growth, the expanding economy, distribution, and National businesses moving to the area create opportunity for developers, employments and need for residential projects. The high school is walking distance down NW 2nd Ave. Other amenities close by.
Property Facts
1 Lot Available
Lot
| Price | $991,459 CAD | Lot Size | 14.18 AC |
| Price Per AC | $69,919.53 CAD |
| Price | $991,459 CAD |
| Price Per AC | $69,919.53 CAD |
| Lot Size | 14.18 AC |
Description
This property consists of undeveloped wooded land located within the North Ocala city limits on NW 35th Street. The site is planned for development into 8 to 10 executive residential lots, as permitted by the city. The land offers a park-like setting, surrounded by quiet neighborhoods, and benefits from proximity to good schools, employment opportunities, and a desirable lifestyle. This location is a blend of natural beauty and convenient access to community amenities, making it an attractive option for upscale residential development.
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Property Taxes
| Parcel Number | 25226-006-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $273,719 CAD |
Property Taxes
Parcel Number
25226-006-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$273,719 CAD
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000 NW 35th St
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