Homes for sale - 530 NW 1ST AVE, Ocala, FL 34475

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Kristen Comstock

kristen@lhgnation.com +1(813) 291-0050

$2,900,000

Est. payment - /mo

12,737 SqFt

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UPDATED:

08/19/2024 05:26 PM

Key Details

Property Type Commercial

Sub Type Industrial

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

Originating Board Stellar MLS

Year Built 1955

Annual Tax Amount $7,081

Lot Size 2.450 Acres

Acres 2.45

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

Location

State FL

County Marion

Community Dunns Central Add

Zoning FBC

Interior

Cooling Central Air

Exterior

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

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Listed by BILL RODGERS REALTY

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530 NW 1ST AVE Ocala, FL 34475