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530 NW 1ST AVENUE

OCALA , FL 34475

MLS#: OM618742

$2,900,000

Status: Active
Listing number: OM618742
Listing provided by: BILL RODGERS REALTY
Listing agent phone: None
Last update: 11 days ago
On site: 4 years ago
Browse Properties
DUNNS CENTRAL ADD - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1955

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete, Metal Siding

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    2.45

  • Property Type

    Commercial Sale

  • Property Sub Type

    Industrial

Price

  • Sales Price

    $2,900,000

  • Tax Amount

    7081.79

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Foundation Details

    Slab

  • Ownership

    Corporation

  • Sewer

    Public Sewer

  • Tax Lot

    13

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Location

County

Marion

Elementary School

Middle School

High School

Listing Courtesy of Lance Schenker , BILL RODGERS REALTY

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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.

530 NW 1ST AVENUE

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