Real Estate Brokerage and Property Management
Coso Realty is a trusted real estate brokerage company located in Winter Park, FL. We focus on acquisition, disposition and property management of residential and commercial real estate. The company has knowledge of markets in Florida and has working relationships with local, regional and national developers. The two main goals of the company are to assist investors in reaching their investment goals while at the same time create a great client experience.
35.1 Acres Ocala Florida
Marion County, FL has a population of over 354,000 residents per the US census 2017 estimates. Known as a strong manufacturing base and for its horse industry, the Ocala metro is attracting global companies. A lower cost of doing business and strategic location in central Florida are strong motivators for businesses that establish a footprint here. The metro comprises all of Marion County. Cities such as Jacksonville, Orlando and Tampa are all within a two-hour drive. Residents age 65 and older account for 28 percent of the population, contributing to a large healthcare sector. Retailers Walmart and Publix employ roughly 3,900 workers across several locations in Marion County, accounting for a substantial portion of the workforce. Walmart is the second largest employer here. A skilled workforce, rich distribution advantages and a strong manufacturing base offer an attractive environment for major companies to establish or grow their business in the county. Large companies in the area include FedEx, Frito Lay, Closet Maid and National Parts Depot. The Ocala Metro is the Horse Capital of the World. The equine industry has a yearly economic impact of $2.6 billion. If you are visiting the city, we recommend visiting Harry’s Seafood Bar and Grille in Historic Downtown during lunch or dinner for some delicious Cajun food.
The New York based owners, RD Management, of Shady Oaks Shopping Center have begun $2.2 million in renovations. The overhaul will include a new façade spanning the end unit formerly home to the Kmart Garden Center to Jo-Ann Fabrics; creation of two new retail spaces next to Burlington Coat Factory; and reconfigured parking at the end of the center that is home to Ayuttaya Thai Cuisine, among others. FedEx Ground opened a 400,000-square foot facility in late 2016 with employment expected to reach 1,000 people in the long term. The facility sits on 150 acres with FedEx capital investment in the Ocala project exceeding $170 Million. The company’s hub will serve North Central Florida and will have the capacity to process 45,000 packages an hour. The World Equestrian Center will be opening in 2021. A 140,000-square-foot outdoor stadium arena. It will also feature climate controlled indoor arenas. The WEC is the centerpiece of an upscale community planned for nearly 4,000 acres west of county road 225A, between U.S. 27 and State Road 40. Over 2,400 homes are planned as well as retail and commercial space. The director of Sales and Marketing Karl Kaufmann estimates 300 to 500 jobs, ranging throughout the year, just for the WEC alone. The Moving Forward Plan seeks to impact the creation of 3,500 new jobs with wages 15% above the county average and resulting in a capital investment of $225 million by 2018. Amazon and Dollar Tree are establishing distribution centers in the county creating thousands of jobs. The Ocala National Forest is a major tourist driver for the area attracting 2.7 million annual visitors. According to Realtytrac, Marion County is likely to be an area for growth over the next 15 years as baby boomers retire in greater numbers.