Mortgage lead for Land loan in Ocala, FL, 34472

Loan Request for Land loan in Ocala, FL, 34472

Request #3711414 by Lender

Date Posted

1/15/2025 10:51:40 AM

Property at

Ocala, FL, 34472, USA Show Map

Borrower at

Property Type

Land

Property Value

$25,000,000

Loan Request

$5,000,000

LTV

20 %

Credit Rating

700-719

Net Worth

Over $10,000,000

Loan Purpose

Refinance all

Purpose

Market Analysis
The Ocala MSA is consistently ranked among Forbes' Top 10 Metros for Future Job
Growth, with a projected 15.4% increase in employment over the next decade. The
trade area surrounding Arden of Ocala boasts a population of over 85,000 within a fivemile radius, with an average household income of $68,000, reflecting strong purchasing
power.

Retail demand is fueled by a high-traffic location, with over 32,000 cars passing daily
along Maricamp Road, ensuring excellent visibility for potential tenants. Multifamily
housing is in high demand due to a shortage of 600 units in this submarket.
Project Overview
The Arden of Ocala is a meticulously planned 61.17-acre mixed-use development
located at the high-visibility intersection of SE 31st Street and SE 54th Court in Ocala,
FL. Strategically zoned as a Planned Unit Development (PUD), the site integrates a
vibrant 13.45-acre retail component and 47.72 acres for 180 townhomes and 468
apartments. With PUD approvals in place and robust market fundamentals, this
development is primed to address Ocala’s growing demand for premium housing and
commercial spaces.

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Loan Request for Land loan in Ocala, FL, 34472