Opportunity Zone-12.85 Multi Family Acres

1123 NW 22ND ST Ocala, FL 34475

1123 NW 22ND ST, Ocala, FL, 34475
1123 NW 22ND ST, Ocala, FL, 34475
FOR SALE
Property Type:
Commercial Land Development
Amount:
$192,750
Last Verified:
Feb 06, 2019

Highlights

  • Opportunity Zone
  • Entitled for 150 Units
  • City Water and Sewer
  • Perfect for Affordable/Workforce Development
  • Close to Major Employers

Description

12.85 acres entitled for up to 150 units. Ideal workforce housing location close to large employers including Fedex, Autozone and Chewy.com. City water and sewer available. Excellent property for workforce/affordable housing development.

From Ocala, head North on 301/441. Turn left onto NW 22nd St. The property is on the North side of 22nd St, across the street from Anderson Columbia Asphalt Plant. Located within the new federal Opportunity Zone and eligible for special tax exemptions.

Lot Size: 12.85 acres

Map of 1123 NW 22ND ST, Ocala, FL, 34475

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.