0 28th St is a 7.01-acre land lot for sale. The land has PD zoning for 100 units, and all city utilities are available, allowing multi-family use and customization to an owner’s desires. The adjacent land sold for $1.1 million in June 2020. Oak Valley, built on the adjacent site, is a good example of the potential multi-family use for this vacant land. Oak Valley has 96 apartment units with full amenities and is 100% leased. Oak Valley recently had its grand opening.
0 28th St is on a corner lot in a residential area. The area is highly accessible, with the Yellow bus route stopping within walking distance of the land lot. 0 28th St is also within a two-mile radius of many of Ocala’s major highways, including US-27, FL-40, and US-301. Within a five-mile radius, the land lot has access to I-75, and within a seven-mile radius, the property has access to Ocala International Airport. I-75 is a major north-south interstate connecting the Michigan/Canada border with Miami. Locally, the land lot is close to national retailers such as Family Dollar, McDonald’s, Wendy’s, Burger King, Subway, AutoZone, and more. The lot is also within walking distance of Vanguard High School and has multi-family apartment complexes to its left and right.
There are 174,927 people living within a ten-mile radius of 0 28th St. 31% of households within a five-mile radius are made up of one person, 35% of households are made up of two people, and 15% of households are made up of three people. Housing units in the same area are comprised of 64% one-unit housing and 12% two-to-four-unit housing, demonstrating a potential need for two-to-four-unit housing options. Household spending is the third-highest category in a five-mile radius, with total spending of over $142,000,000. The top three employment sectors in the area are education and health services; trade, transportation, and utilities; and leisure and hospitality.
Property tours are available by appointment only. Please contact the listing broker to schedule.