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W HWY 318 Reddick, FL 32686
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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
Waterfront false
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
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Bought with ESHENBAUGH LAND COMPANY