.82 Acre Land Absolute Auction

Land Description

Signalized hard corner parcel adjacent to Dollar General with direct frontage and excellent visibility to ±6,078 vehicles per day

Flexible M-2 (Heavy Industrial) zoning

Dense demographics with 5-mile population of ±51,544 and annual household income of ±$58,546

Tremendous 15.2% growth from 2010-2020 and future double-digit growth anticipated (5-mile radius)

Absolute $1 Auction - NO Reserve

Offering Details

CBRE and RealINSIGHT Marketplace are pleased to present a ±0.82-Acre land parcel located adjacent to 13842 SE Highway 42 in Weirsdale, Florida (the “Property”) equidistant between Leesburg and Ocala. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.

The Property is a ±0.82-Acre parcel located immediately adjacent to Dollar General. The Property offers frontage and visibility on Ocala Road and benefits from traffic counts of ±6,078 vehicles per day. The Property is zoned M-2, Heavy Industrial and is intended for those activities that are not compatible with other zoning districts with retail commercial sales allowed. Strategically positioned in north central Florida, the Property is part of the Ocala MSA relatively equidistant between Leesburg to the south and Ocala to the north, each city approximately 20 miles from the Property. Weirsdale is centered around the intersection of State Road 25 and State Road 42 with the Property anchoring the south east corner of this central intersection. The Property's 2020 demographics within a 5-mile radius has a population of ±51,544, an average household income of ±$58,546. The Property is located within a high growth area with population growth of 15.20% from 2010-2020 and an anticipated 10.5% growth expected from 2020-2025 within 5-miles of the Property.

This opportunity gives potential investors the ability to acquire a ±0.82 AC parcel development site at a significant discount with huge value-add enhancement potential.