Views
Address
W Hwy 318, REDDICK, FL
Price
$ 10,000,000
Property Attributes
  • MLS#T3516778
  • TypeLand
  • CountyMARION
  • CityREDDICK
  • AreaReddick
  • NeighborhoodArredondo Grant
  • Zip32686
  • Style
  • Taxes$ 669
  • Price$ 10,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1052 Acres
Data Source:
Stellar MLS
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.

Price History
4/8/2024 Listed $10,000,000

General Features

Sewer Septic Needed
Utilities BB/HS Internet Available,Electricity Available,Private,Utility Pole
Zoning A1
View Trees/Woods
Tax Year 2023
Current Use Timber,Agricultural
Percent Ownership Fee Simple
County Marion
Property Type Land
HOA / Comm Assn No
Subdivision Name ARREDONDO GRANT
Status Active
Directions Please speak to broker before going to view the property.
City REDDICK
Buyer Agent Compensation 2%
MLS Area 32686 - Reddick
Lot Size Square Feet 45825120
Waterfront Y/N No
Street Name W Hwy 318
Tax Annual Amount 669.73
Public Remarks 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
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3516778
Standard Status Active
Legal Description SEC 30 TWP 12 RGE 21 NW1/4 EX SR 93 ROW

Interior Features

Living Area Units Square Feet

Exterior Features

Lot Features Buildable,Sloped
Water Source Well Required
Lot Size Area 1052
Lot Dimensions 1 x 2 x 0.7 x 0.6 x 0.4 x 0.5
Lot Size Acres 1052
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type County Road,Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32686

Price
AVG $1.81M
$10M
Taxes
AVG $1,408
$669
Visits
AVG 378
107
Data Provided by Inside Real Estate®

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