Shovel Ready, Central Florida Self-Storage Opportunity – Ocala, FL
5145 SW College, Ocala, FL 34474
This development opportunity consists of 5.87 acres with permitted plans for a fully climate-controlled, 3-story self-storage facility consisting of 106,029 gross square feet and 80,265 rentable square feet. The site has been zoned as B-4, General Business district, allowing for development of retail and self-storage. In addition to the storage development, the site includes an adjacent 2.0 acre outparcel available for potential retail/hospitality or sale, sitting directly on the heavily trafficked SW College Rd.
The site is located directly on SW College Rd, just off the I-75 corridor. The location provides excellent visibility, with an annual average traffic volume of 43,000 vehicles driving directly by the facility daily. The site sits directly across from 3 car dealerships, BMW, Porsche, and Volkswagen and is nearby several large retail establishments including Publix, Home Depot, and Lowe’s. The Ocala metro is one of the fastest growing in the nation, projected to keep growing at an outsized pace. Within a 3-mile radius, the population has grown 2% since 2020 and is projected to grow by an immense 8.5% over the next 5 years. There are also numerous new housing developments within a 5-mile radius, with more than 9,000 units being permitted, approved and under construction.
This investment offers a unique opportunity to build a Class-A self-storage facility in a rapidly growing market, with the opportunity to generate additional cash flow by sale or development of the outparcel.