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.
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.
Property Details
Price:
$2,900,000
MLS #:
OM618742
Status:
Active
Beds:
0
Baths:
0
Address:
530 NW 1ST AVENUE
Type:
Commercial
Subtype:
Industrial
Subdivision:
DUNNS CENTRAL ADD
City:
OCALA
Listed Date:
Apr 20, 2021
State:
FL
Finished Sq Ft:
12,737
ZIP:
34475
Lot Size:
106,722 sqft / 2.45 acres (approx)
Year Built:
1955
See this Listing
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Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Block, Concrete, Metal Siding
Roof
Metal
Financial
Buyer Agent Compensation
3%%
Tax Year
2020
Taxes
$7,082
Map
Community
- Address530 NW 1ST AVENUE OCALA FL
- CityOCALA
- CountyMarion
- Zip Code34475
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Courtesy of BILL RODGERS REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 530 NW 1ST AVENUE
OCALA, FL
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