530 NW 1ST AVE, Ocala, FL 34475
530 NW 1ST AVE, Ocala, FL 34475
530 NW 1ST AVE, Ocala, FL 34475
530 NW 1ST AVE, Ocala, FL 34475

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
$ 2,900,000
Est. payment | /mo

12,737 SqFt


$ 2,900,000
Est. payment | /mo

12,737 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,737 sqft

Price per Sqft $227

Subdivision Dunns Central Add

MLS Listing ID OM618742

HOA Y/N No

Year Built 1955

Annual Tax Amount $7,081

Lot Size 2.450 Acres

Acres 2.45

Property Sub-Type Retail

Source Stellar MLS

Property Description

This property is a large industrial warehouse office with a fenced yard, located on 2.45 acres in downtown Ocala. It was formerly a lumber yard and offers various possibilities for redevelopment. However, it's important to note that any redevelopment plans would require rezoning of the property.

The site holds potential for different uses, such as office space, multi-family housing, or apartment development. Rezoning would be necessary to accommodate these new purposes. Depending on the location and other factors, the property may also qualify for opportunity zone benefits and City of Ocala Credits, which can provide certain incentives for investment and development.

In addition to the potential for redevelopment, the property is also available for lease immediately, with a monthly rent of $5,500.

Location

State FL

County Marion

Community Dunns Central Add

Area 34475 - Ocala

Zoning FBC

Interior

Cooling Central Air

Exterior

View Y/N No

Water Access No

Roof Type Metal

Building

Lot Description Corner Lot, Fire Hydrant, City Limits, Near Railroad Siding, Sidewalk

Story 1

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Structure Type Block,Concrete,Metal Siding

New Construction false

Others

Ownership Corporation

Special Listing Condition None

Stellar MLS
Listed by Lance Schenker BILL RODGERS REALTY

NEARBY SCHOOLS & PROPERTIES

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530 NW 1ST AVE