Fully Entitled Multi Family with Commercial Outparcels

5019 W Highway 40, Ocala, FL 34474

Located in the growing West Corridor of Ocala Marion County Florida this 25 acre site with frontage on Hwy 40, has been annexed into the City of Ocala and zoned as an Employment Center.Employment Center zoning allows high density and mixed uses, making this site attractive for commercial as well as multi family. High and Dry site with City services and high traffic, this parcel is located in the growing work force sector of West Marion County. A few blocks from I75 and only two miles from industrial center providing thousands of jobs. 30 acres Mixed Use - Employment Center Zoning Multi Family up to 24 units per acre Frontage on Hwy 40 - Utilities to Site
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Highlights

  • Population - Ocala MSA - 2021 - 385,915; 2023 - 400,000; 2040 - 500,000
  • Population Ocala MSA US Census Bureau June 30,2021
  • 142nd Largest Metro, Top 25 Fastest Growing by rate, 38th Fastest Growing by quantity
  • Moving Into Ocala vs. Moving Out of Ocala
  • 5.24 move in for every 1 that moves out = #1 in Nation
  • Chicago to Ocala is most popular move IN THE NATION.
  • Ocala Metro is growing by over 1000 people per month.
  • Millennial population (30-39) is growing at double the US Average and among the highest for all small metros in the nation.
  • US News and Work Report 2023 Best Places Lists, ranks Ocala Metro:
  • #10 Safest Places to Live
  • #6 Fastest Growing Metro
  • #16 Best Places to Retire
  • Housing Market
  • 79% jump in single family permits over previous year in 2021 - largest increase in the country.
  • Ocala Metro ranked #2 in Florida and #4 in the Nation in Moneys ranking of the Top 10 Hottest Housing Markets
  • Income Growth
  • Median Household Income Grew 31.4% faster than the US Average 2016-2020
  • The Ocala Metro ranked #4 in Annual Wage Growth and #25 in 5-Year Wage Growth (Milken Institute)
  • Ocala Metro annual Area Median Income increased 15% Year over Year. (US Department of HUD)

Contacts

broker
Angie Lester

Boyd Real Estate

Location

Getting Around

  • Walk Score ®

    12/100 Car-Dependent

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Ocala, FL
  • Zip Code 34474
  • Market North Central Florida

Points of Interest

  • Chevron

    1.31 miles

  • Circle K

    1.53 miles

  • Wawa

    1.65 miles

  • Tesla Supercharger

    1.66 miles

  • BP

    1.67 miles

  • RaceTrac

    1.71 miles

  • Racetrac

    1.74 miles

  • Shell

    1.74 miles

  • Kangaroo Express

    2.54 miles

  • Texaco

    2.69 miles

  • Cracker Barrel Bus + RV Parking

    2.84 miles

  • Marion County Parking Facility

    3.91 miles

  • Disabled

    8.80 miles

  • Candlewood Suites

    1.12 miles

  • Super 8

    1.12 miles

  • Days Inn by Wyndham Ocala West

    1.37 miles

  • Motel 6

    1.64 miles

  • Budget Host Inn

    1.73 miles

  • Comfort Suites Ocala North

    1.78 miles

  • Days Inn

    1.82 miles

  • Holiday Inn Express & Suites Ocala

    2.66 miles

  • Holiday Inn & Suites Ocala Conference Center, an IHG Hotel

    2.70 miles

  • Residence Inn Ocala

    2.72 miles

  • Dickey's Barbecue Pit

    1.32 miles

  • Wendy's

    1.35 miles

  • McDonald's

    1.45 miles

  • Popeyes

    1.50 miles

  • Taco Bell

    1.54 miles

  • Waffle House

    1.56 miles

  • Zaxby's

    1.61 miles

  • Murphy's Oyster

    1.74 miles

  • Darrell's Dog Gone Good Diner

    1.80 miles

  • Pizza Hut

    1.88 miles

  • Ocala Word of Faith School

    1.23 miles

  • College Park Elementary School

    1.85 miles

  • Hale Academy

    2.06 miles

  • College of Central Florida

    2.35 miles

  • Saddlewodd Elementary School

    2.73 miles

  • Doctor N H Jones Elementary School

    2.90 miles

  • Rasmussen College - Ocala Campus

    2.99 miles

  • Howard Middle School

    3.19 miles

  • Madison School

    3.30 miles

  • Rasmussen University

    3.38 miles

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Contact Listing Broker
broker
Angie Lester

Boyd Real Estate

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