NOT LISTED FOR SALE
4.49 Acres
-- Price per Acre
195,584 Sq Ft Lot

Last Sold July 19, 2021

Last sale price $385,000

64 Days on Market

Highlights

  • 4.49 Acre Lot
  • Wooded Lot
  • Heating Available
  • Vanguard High School Rated A-
  • Level Lot

About This Lot

As of July 2021

The 4.49 AC site includes frontage on NW 37th Ave and exposure on I-75. The site includes employment center land use and M-2 zoning which allows outdoor storage. The site is located in the city limits of Ocala and benefits from central water and sewer service. The site includes a gentle downward slope from W to E away from the road frontage which should be conducive to development of a rear drainage retention area. There is a 15' wide drainage easement along the north boundary which has been improved with a drainage swale directing water from NW 37th Ave to the adjacent east DRA. Additionally, NW 37th Ave is identified as a priority project in the 5-year Transportation Improvement Program although funding sources for the project have not been allocated. That being said, a majority of the right of way needed for the extension from SR 40 to US Hwy 27 is already owned by the City of Ocala. The proposed alignment of the extension to US Hwy 27 would allow access to a lighted intersection at NW 35th Ave Rd (existing Burger King, New Racetrak and Proposed Circle K) just south of the Ocala/Marion County Commerce Center (current uses include Fed-Ex, AutoZone, Chewy and an Amazon fulfillment center) while the proposed alignment of the extension to SR 40 would allow access to a lighted intersection at SW 33rd Ave (new Racetrak and Wawa at intersection) with an older industrial park (South 40 Industrial Park) to the south of the intersection. Uses in the immediate area include Chariot Eagle (park model manufactured home factory), a building recently renovated for owner-occupancy by Hoseline (design/installation/repair of air conditioning systems for emergency vehicles), a Waste Pro recycling center, a two building industrial complex with rear surplus land for expansion (both 10,000 SF buildings currently occupied by a granite fabricator) and the Marion County Jail. There is additional land available for industrial development along NW 37th Ave which will benefit greatly from the future extension between SR 40 and US Hwy 27. Further, there is a significant concentration of industrial uses between SR 40, US Hwy 27, NW 30th Ave and NW 27th Ave as well as to the east of NW 27th Ave. Listing agent holds a financial interest in the subject property as a member of Algray Properties, LLC.

Last Agent to Sell the Property

Andrew Gray

WIECHENS REALTY INC License #3383390 Listed on: 01/15/2021

Last Buyer's Agent

Lance Schenker

BILL RODGERS REALTY License #3047977

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,362

Lot Details

  • 4.49 Acre Lot
  • Lot Dimensions are 250' x 782'
  • West Facing Home
  • Level Lot
  • Wooded Lot
  • Property is zoned M2

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • I 75 Indust Park Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 2183-004-000

Property Details

Property Type

Land

Est. Annual Taxes

$3,362

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 4.49
  • Lot Size Sq Ft: 195584
  • Number Of Lots: 1
  • Status: Sold
  • Street Direction: NW
  • Total Acreage: 2 to less than 5
  • Ratio: Close Price\List Price: 0.85556
  • Price per Sq Ft: 1.97
  • Close to Original List Price Ratio: 0.85556
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: City Street
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Easements: Subject to Easement
  • Water View Y N: No
  • Front Footage: 250
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0508E
  • Disclosures: Land Sales Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: M2
  • Parcel Number: 2183-004-000
  • Additional Parcels: No
  • Lot Features: Buildable, City Lot, Level, Wooded
  • Lot Dimensions: 250' x 782'
  • Price Per Acre: 85746
  • Flood Zone Code: X
  • Flood Zone Date: 2017-04-19
  • Future Land Use: Emplmt Ctr
  • Current Adjacent Use: Vacant
  • Zoning Compatible Y N: Yes

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 3361.57
  • Tax Block: NA
  • Tax Book Number: U-082,I-75
  • Tax Lot: 4

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $385,000 -14.4% --
03/17/2021 03/17/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $450,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM613775

Stellar MLS