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530 NW 1ST AVENUE

Commercial For Sale
$2,900,000

BTC: 29.74358974

ETH: 885.62868948

1311 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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 starting January 2024, with a monthly rent of $5,500.

Location

Florida • OCALA • 34475 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1955
Lot:
2.45 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Cooling

    • Central Air

  • Lot

    • Lot: 2.45 Acres

    Other Property Information

    • Parcel Number: 2865002000

    • Zoning: FBC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $7,082

  • Source details

    • MLS ID: OM618742

    Other facts

    • Construction Materials: Block / Concrete / Metal Siding

    • Foundation Details: Slab

    • Lot Features: Corner Lot / Fire Hydrant / City Lot / Near Railroad Siding / Sidewalk

    • Subdivision Name: DUNNS CENTRAL ADD

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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 ©2024-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: BILL RODGERS REALTY