Grandstone Investment Sales is pleased to present the Ocala Boat & RV development opportunity located along the highly trafficked SW State Road 200 corridor in Ocala, Florida. The offering consists of approximately 4.81 acres positioned for the development of a 74,560 NRSF covered boat and RV storage facility.
This opportunity represents a rare combination of:
• Entitlement-ready land
• Completed environmental and protected species mitigation
• Cleared site condition
• Approved civil/site plans
• Immediate access to one of Ocala’s fastest-growing retiree corridors
The property is situated directly adjacent to “On Top of the World,” a 10,000+ home active adult community, and within a submarket characterized by strong residential growth, favorable demographics, and limited purpose-built covered RV supply. The seller has already completed the most time-consuming and uncertain pre-development hurdles – including environmental clearance, tortoise mitigation, and site clearing – positioning a buyer to move efficiently toward construction upon finalizing building permits.
INVESTMENT
HIGHLIGHTS
PRICING & VALUATION
• Price: $1,500,000 (Land Basis)
• Projected Value at C/O: $6,390,000
• Projected Stabilized NOI (Year 3): $591,182
• Attractive Yield-on-Cost Profile
PROPERTY OVERVIEW
• Approx. 4.81 Acres
• Planned 74,560 NRSF Covered Boat & RV Storage
• 122 Covered Carport Units
• Commercial Zoning
• High-Visibility Location on SW State Road 200
ENTITLEMENT & SITE STATUS
• Site plan approved
• Civil approvals in place
• Environmental completed
• Protected species (tortoise) mitigation completed
• Property fully cleared
• Building permits ready to be finalized (intentionally not locked in)
LOCATION ADVANTAGES
• Directly adjacent to 10,000+ home “On Top of the World” community
• Positioned in Ocala’s primary west growth corridor
• Strong retiree demographic supporting RV ownership
• Established retail and commercial infrastructure along SR-200
DEVELOPMENT UPSIDE
• Purpose-built covered RV product
• Limited immediate covered competition
• Flexible unit mix prior to final permit submission
• Pre-development risk largely removed
EXECUTION NOTES
• Grading not yet completed (est. ~$40K per seller)
• Seller open to discussions around site prep
• Responsive ownership available throughout diligence
