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120 NW 40TH AVENUE

Commercial For Sale
$6,200,000

BTC: 91.17647059

ETH: 62,000.00000000

68 days
0 room(s)
30,828 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Branded Flag Motel for Sale – Ocala, FL (I-75 Highway Location) Property Highlights: • Rooms: 64 • Parking: 90+ spaces • Annual Revenue: $1.7 million • PEEP: 0 • Existing Loan: $4.3 million • Appraisal Value: $6.5 million • Asking Price: $6.2 million Description: A highly desirable branded flag motel located directly off the busy I-75 highway in Ocala, offering excellent visibility and strong year-round traffic. This property boasts $1.6 million in annual revenue, spacious parking, and 0 PEEP, making it a secure and stable investment. With a recent appraisal of $6.5 million approx, the property is attractively priced at $6.2 million, providing immediate equity for qualified buyers. This is a rare opportunity to acquire a well-performing hospitality asset in a prime location with significant upside potential.

Location

Florida • OCALA • 34482 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
2003
Lot:
1.68 Acres
Heating:
No Data
Price/sqft:
$201
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Cooling

    • Central Air

  • Lot

    • Lot: 1.68 Acres

    Other Property Information

    • Parcel Number: 2281004000

    • Zoning: B4

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $92,424

  • Source details

    • MLS ID: TB8466780

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab

    • Living Area: 30828

    • Subdivision Name: WEST OCALA HEIGHTS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: IMPACT REALTY TAMPA BAY