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216 Marion Oaks Blvd

1.1 Acres of Commercial Land Offered at £341,148 in Ocala, FL 34473

Investment Highlights

  • Turn key developer opportunity with construction permit approval available 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 with opportunities for commercial development.
  • 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.

Executive Summary

Located at 216 Marion Oaks Blvd, Ocala, FL 34473, this 48,000 square foot land property will come with approvals in place to build a 12,000 square foot commercial property on the site. Current plans include 8 versatile retail spaces with each retail unit featuring independent electricity meters, private bathrooms, and grease disposal capabilities, making them ideal for a variety of businesses, including restaurants. The property plans to offer 40 on-site parking spaces, ensuring accessibility for tenants and customers. With a projected gross annual income of $168,000, this property has the potential to generate steady revenue for a savvy investor.

Ocala has experienced a remarkable 19.64% population increase from 2010 to 2022, averaging 1.81% annually, a growth rate 154% faster than the national average. This population boom, combined with Ocala's strategic location and connectivity via major highways like I-75, positions this property as an outstanding opportunity for developers seeking to capitalize on a thriving market. Ocala's business-friendly climate, strong infrastructure, and economic growth make it a prime destination for retail investment.

Data Room Click Here to Access

Financial Summary (Pro forma - 2025)

Annual Annual Per AC
Gross Rental Income £131,452 £119,295.40
Other Income £2,739 £2,485.32
Vacancy Loss - -
Effective Gross Income £134,190 £121,780.72
Taxes £939 £852.11
Operating Expenses £6,260 £5,680.73
Total Expenses £7,199 £6,532.84
Net Operating Income £126,992 £115,247.88

Financial Summary (Pro forma - 2025)

Gross Rental Income
Annual £131,452
Annual Per AC £119,295.40
Other Income
Annual £2,739
Annual Per AC £2,485.32
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual £134,190
Annual Per AC £121,780.72
Taxes
Annual £939
Annual Per AC £852.11
Operating Expenses
Annual £6,260
Annual Per AC £5,680.73
Total Expenses
Annual £7,199
Annual Per AC £6,532.84
Net Operating Income
Annual £126,992
Annual Per AC £115,247.88

Property Facts

Price £341,148
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Repair
  • Bank
  • Carwash
  • Daycare Centre
  • Fast Food
  • General Freestanding
  • Medical
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Centre
Total Lot Size 1.10 AC

1 Lot Available

Lot 03 and 04

Price £341,148
Price Per AC £309,592
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

This property comes with all the necessary due diligence documentation, including a full survey and CAD files, ESA Phase I Environmental Site Assessment, geotechnical report, architectural design development, and construction permits. These materials ensure investors and developers can confidently move forward with any future plans. With a combination of strategic location, economic growth potential, and fully equipped spaces, this property offers investors a rare and lucrative opportunity. Don’t miss your chance to capitalize on the demand for retail spaces in one of Central Florida’s most promising markets.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 8002-0006-03
  • 8002-0006-04
Land Assessment
£0 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£46,148 (2023)
Annual Taxes
£939
Tax Year
2025 Payable 2025

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.)
  • Listing ID: 31329320

  • Date on Market: 26/03/2024

  • Last Updated:

  • Address: 216 Marion Oaks Blvd, Ocala, FL 34473

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