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96 Cypress Rd 9.25 - 23.07 Acre Commercial Land Lots in Ocala, FL 34472

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INVESTMENT HIGHLIGHTS

  • Approved Plans for multifamily or residential development

EXECUTIVE SUMMARY

Property has been split into 5 Parcels. Can be Purchased Separately or All Together!! PRICE FOR ALL 5 LOTS TOGETHER IS $12,000,000.
The Emerald Village Project is an Approved PUD Project with all Entitlements in place, 100%. See OEM For Zoning Changes. Concept Plan Etc. Apartments, Condominiums, Townhouse, Single Family, Duplex, Tri Plex, QuadPlex all acceptable on this site. Located in Rapidly Growing Marion County Florida. The Proposed Project Encompasses Almost 100 Acres With Approval for 1200+ Units. Total Residential Units Requested and Approved 1200 With a Maximum of 1351 in Leu of an Alf, With Required Parking of 1808 Parking Spaces. The Approval Also Reflects the Ability to Go Vertical to No More Than 50 Ft. Or 4 Stories. The Subject Property is Within a Flood Zone “X” Designation. The Surrounding Area is Supported by Elementary, Middle, and High Schools. There Are Numerous Light Industrial as Well as Recognized Manufacturing Corporations in Proximity.
Ocala is Ranked by U.S. News as the 6th Fastest-growing Place, the 10th Safest Place to Live, the 16th Best Place to Retire, and the 91st Best Place to Live Out of the Top 150 Metro Areas. Also to the South is the Fastest-growing Retirement Community, the Villages, With a Never-growing and Expanding Workforce. To the Northwest is the “the Horse Capital of The World” and the World Equestrian Center. The County is Also Developing a Strategic Plan to Incorporate All Future Traffic Patterns to Allow Efficient Flow of Additional Traffic for Future Development.

PROPERTY FACTS

Sale Type Investment
No. Lots 5
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Planned Unit Development
  • Single Family Development
Total Lot Size 93.76 AC
Zoning PUD - Planned Urban Development

5 LOTS AVAILABLE

Lot 1

Lot Size 22.80 AC

$3,420,000. 22.8 ACRES WITH POTENTIAL OF 290 UNITS

Lot 2

Lot Size 23.07 AC

$3,460,500. 23.07 ACRES WITH POTENTAIL OF 292 UNITS

Lot 3

Lot Size 9.25 AC

$1,387,500 IS 9.25 ACRES WITH POTENTIAL OF 120 UNITS

Lot 4

Lot Size 16.50 AC

$2,745,000 IS 16.50 ACRES WITH POTENTIAL OF 210 UNITS

Lot 5

Lot Size 22.14 AC

$3,321,000 IS 22.14 ACRES WITH POTENTIAL OF 280 UNITS

DESCRIPTION

**MOTIVATED SELLER**The Emerald Village project is a 100% approved PUD project in rapidly growing Marion County Florida. The proposed project encompasses almost 100 acres with approval for 1200+ units. Total residential units requested and approved 1200 with required parking of 1808 parking spaces. The approval also reflects the ability to go vertical to no more than 50 ft. or 4 stories. The subject property is within a flood zone “X” designation. The surrounding area is supported by Elementary, Middle, and High schools. There are numerous light industrial as well as recognized manufacturing Corporations in proximity. Ocala is ranked by U.S. News as the 6th fastest-growing place, the 10th safest place to live, the 16th best place to retire, and the 91st best place to live out of the top 150 metro areas. Also to the south is the fastest-growing retirement community, The Villages, with a never growing and expanding workforce. To the Northwest is the “The Horse Capital of The World” and The World Equestrian Center. The county is also developing a strategic plan to incorporate all future traffic patterns to allow efficient flow of additional traffic for future development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9029-0723-00
Land Assessment
$1,124,327 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,124,327 CAD
  • Listing ID: 32771026

  • Date on Market: 2024-08-12

  • Last Updated:

  • Address: 96 Cypress Rd, Ocala, FL 34472

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