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216 Marian Oaks - Vacant Commercial Lot - Marion Oaks Boulevard
1.1 Acres of Commercial Land Offered at $486,000 in Ocala, FL 34473
Investment Highlights
- Turkey Key developer Opportunity
- Includes 8 retail spaces with independent utilities and grease disposal systems, catering to a range of businesses, including restaurants.
- Features a 48,000-square-foot lot with ample parking and versatile usage potential, ideal for retail, dining, or mixed-use development.
- Construction Permit Approval at closing
- Situated on a high-traffic commercial corridor, offering excellent visibility and accessibility to both local residents and passersby.
- Located in a fast - growing residential area opportunities for expansion commercial development
Executive Summary
Situated in Central Florida, Ocala offers excellent connectivity via major highways like I-75, facilitating easy access to major markets. The city has experienced significant population growth, with a 19.64% increase from 2010 to 2022, averaging 1.81% annually—154% faster than the national average. Ocala's dynamic growth, strategic location, and supportive business environment make it an ideal destination for Turkish developers seeking to invest in retail shopping centers.
This surge has led to heightened demand for retail spaces, presenting lucrative opportunities for developers.
Data Room Click Here to Access
- Market Information
- Third Party Reports
Financial Summary (Pro forma - 2025) |
Annual | Annual Per AC |
---|---|---|
Gross Rental Income | $168,000 | $152,463.93 |
Other Income | $3,500 | $3,176.33 |
Vacancy Loss | - | - |
Effective Gross Income | $171,500 | $155,640.26 |
Taxes | $1,200 | $1,089.03 |
Operating Expenses | $8,000 | $7,260.19 |
Total Expenses | $9,200 | $8,349.21 |
Net Operating Income | $162,300 | $147,291.04 |
Financial Summary (Pro forma - 2025)
Gross Rental Income | |
---|---|
Annual | $168,000 |
Annual Per AC | $152,463.93 |
Other Income | |
---|---|
Annual | $3,500 |
Annual Per AC | $3,176.33 |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per AC | - |
Effective Gross Income | |
---|---|
Annual | $171,500 |
Annual Per AC | $155,640.26 |
Taxes | |
---|---|
Annual | $1,200 |
Annual Per AC | $1,089.03 |
Operating Expenses | |
---|---|
Annual | $8,000 |
Annual Per AC | $7,260.19 |
Total Expenses | |
---|---|
Annual | $9,200 |
Annual Per AC | $8,349.21 |
Net Operating Income | |
---|---|
Annual | $162,300 |
Annual Per AC | $147,291.04 |
Property Facts
1 Lot Available
Lot 03 and 04
Price | $486,000 | Lot Size | 1.10 AC |
Price Per AC | $441,045 |
Price | $486,000 |
Price Per AC | $441,045 |
Lot Size | 1.10 AC |
Total 48,000 square feet facing Marion Oaks Blvd. Has double commercial traffic, the lots are almost at street level with ally in the rear for truck services, delivery, etc. Daily Traffic - From SW Hwy 484 to Marion Oaks Blvd - Year 2023 -15,700 Cars
Description
12,000 Square foot of commercial Building on 48,000 square foot of lot size. The Commercial building has 8 rental spaces with in depend electricity meter, in depend bathroom and all the units has grease disposal for future restaurant .The shopping has 40 parking spaces. Exclude on the sales Investment Highlight, The land include Full report & Study below, SURVEY & CAD FILE, ESA PHASE I ENVIROMENTAL SITE, GEOTECHNICAL REPORT, ARQUITECT DEISGN DEVELOPMENT, CONSTRUCTION PERMIT.
PROPERTY TAXES
Parcel Numbers | Total Assessment | $58,832 (2023) | |
Land Assessment | $0 (2023) | Annual Taxes | $1,200 |
Improvements Assessment | $0 (2023) | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
zoning
Zoning Code | B-2 Community Business (Diverse Zoning Opportunities Commercial lots are zoned B2, accommodating a wide range of business types, including retail establish, Protectional.) |
B-2 Community Business (Diverse Zoning Opportunities Commercial lots are zoned B2, accommodating a wide range of business types, including retail establish, Protectional.) |
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216 Marian Oaks - Vacant Commercial Lot - Marion Oaks Boulevard
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