Reddick, FL 32686,W HWY 318
Reddick, FL 32686,W HWY 318
Reddick, FL 32686,W HWY 318
10
$8,000,000
$10,000,000
20.0%
Est.Price: ?

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1,052 Acres Lot

W HWY 318 Reddick, FL 32686

Est. payment /mo
SOLD DATE : 08/21/2024

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Key Details

Sold Price $8,000,000

Property Type Vacant Land

Sub Type Agricultural

Listing Status Sold

Purchase Type For Sale

Subdivision Arredondo Grant

MLS Listing ID T3516778

Sold Date 08/21/24

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $669

Lot Size 1052.000 Acres

Acres 1052.0

Lot Dimensions 1x2x0.7x0.6x0.4x0.5

Property Description

SEALED BID- CALL FOR OFFERS DUE MAY 15
Suggested minimum price: $10,000,000

The opportunity is to purchase 1,052 acres situated north of Ocala in Reddick. It consists of 10 parcels, some of which have significant frontage along I-75 (over two miles), Highway 318 (1,700') and NW 193rd Street (1.25 miles).

The entire property is zoned A-1 with a future land use of Rural Land (RL). It's located within the Farmland Preservation Area and NE TDR Sending Area. It is estimated to have 62 acres of wetlands and 208 acres within the floodplain. Soils consist primarily of Flemington, Blichton, and Kendrick.

The subject property is situated along Highway 318 and I-75 in Reddick in northern Marion County. It's just over 0.5 miles east of I-75 (Exit 368) and 1.25 miles west of US Highway 441. It is adjacent to the Petro Travel Center, which includes a Wendy's.

The access to major thoroughfares allows for easy trips to Ocala (25 minutes), Gainesville (25 minutes), Jacksonville (1hr 30 minutes), Tampa (1hr 30 minutes), and Orlando (1hr 30 minutes). In addition, it's in close proximity to WEC Ocala Jockey Club (3 minutes), Orange Lake (5 minutes), the World Equestrian Center (25 minutes), and the Ocala National Forest (45 minutes).

The area surrounding the subject property is in transition.

The Sunny Oaks Regional Activity Center located across the street is approved for 28 acres of commercial and over 4 million square feet of industrial.

The new 1,029-acre Ocala Jockey Club has approvals for a new Equestrian Event facility, 100 site RV park, 120,000 square feet of commercial and retail, and 94 home sites.

Location

State FL

County Marion

Community Arredondo Grant

Zoning A1

Exterior

Utilities Available BB/HS Internet Available, Electricity Available, Private, Utility Pole

View Trees/Woods

Building

Lot Description Buildable, Sloped

Lot Size Range 500+ Acres

Sewer Septic Needed

Water Well Required

Others

Ownership Fee Simple

Special Listing Condition None

Read Less


Stellar MLS
Listed by ESHENBAUGH LAND COMPANY
Bought with ESHENBAUGH LAND COMPANY

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Iulia Hut

Broker | SLBK3429855

+1(407) 559-2929

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