Bridge & Held Ocala
For sale4400 SW 40th Avenue, Ocala, FL 34474
Property type
Land
Price
$4,550,000
Building size
Year built
Year renovated
Occupancy
Zoning code
Lot size
17.00 Acres
Property description
Franklin Street is pleased to offer 17+ net acres at 4400 SW 40th Avenue in Ocala, Florida. The property is zoned R-3, Multifamily Residential, and carries a Low Intensity future-land-use designation permitting densities between 3 and 18 units per acre, subject to site planning and governmental approvals. Located immediately adjacent to I-75, the property benefits from exposure to approximately 112,000 vehicles per day and convenient connectivity to SW 43rd Street and SR 200. The site is near Market Street at Heath Brook and an extensive concentration of retail, dining, entertainment and hospitality uses. Its multifamily zoning, interstate visibility and established surrounding amenity base make the property an attractive opportunity for apartment developers, institutional investors and regional housing operators.
Property highlights
- 17.31± acre development opportunity
- 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
- Potential flex or multi-tenant commercial component
- Whole-site acquisition or potential carve-out options
- Near Market Street at Heath Brook and SR 200
- Surrounded by retail, healthcare, hospitality and residential development