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$299,000
Est. payment /mo
1.13 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID OM696138
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $1,560
Lot Size 1.130 Acres
Acres 1.13
Lot Dimensions 115X426
Property Sub-Type Commercial
Property Description
Prime 1.13-Acre Lot for Sale – Zoned RO in Marion County
This exceptional 1.13-acre parcel, zoned Residential Office (RO), offers a unique opportunity for development in a desirable location. An adjacent 1.13-acre lot is also available, making it possible to secure a combined 2.26 acres for a larger project. Located in a high-visibility area with easy access to major roads, this property is perfect for business, residential, or mixed-use projects. With Marion County's continued growth, this lot presents a versatile and valuable opportunity for developers or investors. The rear 25% of the property is zoned R1, allowing for single-family homes, two-family dwellings (duplexes), and small businesses such as hair salons (up to 3 stations), medical offices, and dental offices. The RO zoning permits a mix of office and residential use, making it ideal for live-work spaces or mixed-use developments. For greater development potential, the property can be rezoned to R3, allowing for a multifamily development with up to 18 units per acre, totaling 41 units across both lots. Duplex development requires a 100-foot frontage per unit, providing additional residential opportunities. Don't miss out on this fantastic opportunity to develop a versatile property in a thriving area.
This exceptional 1.13-acre parcel, zoned Residential Office (RO), offers a unique opportunity for development in a desirable location. An adjacent 1.13-acre lot is also available, making it possible to secure a combined 2.26 acres for a larger project. Located in a high-visibility area with easy access to major roads, this property is perfect for business, residential, or mixed-use projects. With Marion County's continued growth, this lot presents a versatile and valuable opportunity for developers or investors. The rear 25% of the property is zoned R1, allowing for single-family homes, two-family dwellings (duplexes), and small businesses such as hair salons (up to 3 stations), medical offices, and dental offices. The RO zoning permits a mix of office and residential use, making it ideal for live-work spaces or mixed-use developments. For greater development potential, the property can be rezoned to R3, allowing for a multifamily development with up to 18 units per acre, totaling 41 units across both lots. Duplex development requires a 100-foot frontage per unit, providing additional residential opportunities. Don't miss out on this fantastic opportunity to develop a versatile property in a thriving area.
Location
State FL
County Marion
Zoning RO
Exterior
Utilities Available Other
Building
Lot Size Range 1 to less than 2
Sewer None
Water None
Others
Ownership Fee Simple
Special Listing Condition None
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