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- LoopNet Team
13750 W Highway 40
Ocala, FL 34481
Classic Mile Training Center · Land For Sale · 15.13 AC
Investment Highlights
- Opportunity Zone
- 700 Acres of Rolling Hills
- Re-Development
- RAC Zoning High Traffic Signalized Corner
PROPERTY FACTS
Property Type | Land | Total Lot Size | 15.13 AC |
Property Subtype | Residential |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 15.13 AC |
Description
Rare opportunity to own the future of the Horse Capital of the world in the highly coveted Horse Preservation District of Ocala, Florida. This property is located at the renowned Classic Mile Training Park, Ocala’s first premier Thoroughbred training and boarding facility, directly on the highly visible SW Corner of Highway 40 (17,200 AADT) and SW 140th Avenue (2150 AADT), boasting over 1,300 feet of highway frontage. This 15.13 acres is zoned RAC for commercial land use, which is designed to promote commerce in the Rural Activity Center for residents and the neighboring 195,000 acres devoted to the equine industry—a 2.62 billion-dollar industry for Ocala/Marion County. It is just 4 miles and a few trots away from the 3,200-acre World Equestrian Center, an $800 million-dollar development and equine paradise with a global presence, drawing the future expansion of the equine community in the area and neighboring Olympic-Level equestrian sports, international competitions, show jumping, and polo facilities. Under the current land use designation, permissible uses include, but are not limited to, a mixed-use development that ideally incorporate a National Grocers/Supermarket, C-Store/Gas Station, Restaurants and Bar, Drive Thru/QSR with Special Use Approval, Department Stores, and professional office space, among many more possibilities to cater to the needs of the area. Located on SR 40, a 91-mile route connects US 41 in Dunnellon to I-75 (Exit 352), US 27, and US 301 for easy access. This property is 4 miles from WEC, 10 miles from Ocala International Airport, FAST Aquatic Center, Florida Horse Park, and HITS Post Time Farm, among other equine sports venues. Marion County, part of Ocala MSA, is the 56th most populated city in Florida with 375,000 people, expected to reach 600,000 by 2050. The area has diverse employment sectors, including healthcare, manufacturing, logistics, biotech, and research, along with a growing equestrian industry. Notably, Ocala is witnessing a $500 million healthcare expansion, and major US companies like Amazon, Chewy, FedEx, Lockheed Martin, E-One, AT&T, Walmart, Publix Supermarkets, Cardinal LG, and Pella Windows have headquarters there. Property Highlights: -Extensive Facilities: The property boasts an impressive array of equestrian facilities, including over 20 barns with more than 690 horse stalls, 122 paddocks, 17 round pens, a ?-mile dirt track, a 1-mile dirt track, and a 1 ? turf course. This infrastructure is designed to accommodate a wide range of equine activities and training needs. -Residential Estate: The estate includes a luxurious custom-built home with 7,300 square feet of living space, featuring 4 bedrooms, 5 baths, an inground pool, spa, and breathtaking views. It offers an ideal retreat for the owner amidst the beauty of granddaddy oaks and expansive acreage. -Development Potential: The property is strategically located in an opportunity zone, making it ripe for future development. Phase 1 approvals for "Classic Mile Farms" include 16 residential estate lots with 10-acre minimums, along with improved roadways. Phase 2 envisions an additional 24 estate lots of similar size. With its current zoning as A-1 Agricultural, it can potentially accommodate up to 60+ lots for single-family development and other agricultural-related uses. -Commercial Opportunity: The sale also includes a rare 15.13-acre parcel at the intersection of W Hwy 40 and SW 140th Avenue, with RAC/commercial zoning. This prime location permits various commercial uses, including grocery markets, retail gas stations, and more, catering to the needs of the surrounding area. -Proximity to World Equestrian Center: The property's strategic location, just 4 miles west of the World Equestrian Center, positions it to benefit from this $800 million development, set to have a significant economic impact on the Ocala area. The equine industry in Ocala, with an annual revenue of $2.62 billion, is thriving. -Accessibility: The Classic Mile is easily accessible, only 9.6 miles from Ocala International Airport. It is surrounded by a thriving community of over 300 equine training facilities, making it an ideal location for equestrian enthusiasts. Strong Basic Employment “The Ocala MSA was named by Forbes magazine in the Top 10 Metros for Future Job Growth for five consecutive years”. Top 10 private employers in the Ocala MSA include HCA Florida Hospitals (2,712 employees, AdventHealth Ocala 2,648 employees, Lockheed Martin 1,600 employees, E-One 1,200 employees, Publix Supermarkets 1,488, Chewy Distribution 1,150 employees, FedEx Ground 1,500 employees, Cardinal LG 650 Employees, Pella Windows 650 employees and more to come with the expansion of UF Shands, Amazon Distribution and several other companies attracted to the vast growth in the Ocala MSA. Civilian Labor Workforce shed numbers more than 202,000 strong. Ocala is the regional employment hub and attracts employees not only from the three counties but from a region of 6 counties and more than one million residents including a large proportion of the labor force employed in manufacturing is almost double the average for the State of Florida and nearly double the national average in other industries ensuring dynamic growth for years to come. Population Growth -Marion County, a constituent of the Ocala Metropolitan Statistical Area (MSA), currently holds the 56th position in terms of population among cities in the state of Florida. The region boasts a robust population of 375,000 individuals. Projections anticipate a substantial increase in this population, nearly doubling to reach an estimated 600,000 residents by the year 2050. Horse Capital of the World® Ocala and Marion County have more horses and ponies than any other county in the United States. Making it all the more appealing to horse lovers is the diversity of breeds and disciplines found here. From Thoroughbred races to dressage competitions to rodeo events, Marion County offers a mix of opportunities that appeal to a wide range of horse enthusiasts. Cementing its place as the Horse Capital of the World is the equine industry’s annual economic impact on the Ocala economy. According to thehorsecapital.com, the equine industry represents $2.62 billion in revenue each year. Florida is home to some of the most prestigious Thoroughbred farms and training centers. These breeding and training farms cover more than 70,000 acres of Florida’s prime, mineral-rich pastures. Nearly 75% of Florida’s horse farms and training facilities are located near Ocala in Marion County. Over the years, Florida’s training facilities have produced: -50 National Champions -6 Kentucky Derby Winners -7 Preakness Stakes Winners -6 Belmont States Winners -26 Breeders’ Cup Champions -6 Horses of the Year All Due Diligence can be found on the Crexi page: Link All LOIs should be submitted through the Crexi page: Link All questions regarding this property can be directed to emails: Info@
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,926,919 |
PROPERTY TAXES
- 21317-000-01
- 21317-000-00
zoning
Zoning Code | RAC |
RAC |
Learn More About Investing in Land
Listing ID: 30205202
Date on Market: 11/30/2023
Last Updated:
Address: 13750 W Highway 40, Ocala, FL 34481
The Land Property at 13750 W Highway 40, Ocala, FL 34481 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.