Address
530 NW 1st AVENUE, OCALA, FL
Price
$ 2,900,000
Property Attributes
- MLS#OM618742
- TypeCommercial
- CountyMARION
- CityOCALA
- AreaOcala
- NeighborhoodDunns Central Add
- Zip34475
- StyleIndustrial
- Year Built1955
- Taxes$ 7081
- Price$ 2,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12737
- Lot Size2.45 Acres
Data Source:
Stellar MLS
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.
| Price History | |
|---|---|
| 5/6/2024 | Listed $2,900,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Central Air |
| Roof | Metal |
| Zoning | FBC |
| Construction Materials | Block,Concrete,Metal Siding |
| Year Built | 1955 |
| Electric | 200+ Amp Service,220 Volts |
| Property SubType | Industrial |
| Tax Year | 2020 |
| Percent Ownership | Corporation |
| County | Marion |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | DUNNS CENTRAL ADD |
| Status | Active |
| Directions | North on NE 1st Ave to NW 6th St - T/L onto NW 6th St to NW 1st Ave. Building on the right corner of NW 6th St and NW 1st Ave. |
| ModificationTimestamp | 2024-06-25T17:33:20.853Z |
| City | OCALA |
| Buyer Agent Compensation | 3% |
| View Y/N | No |
| MLS Area | 34475 - Ocala |
| Lot Size Units | Acres |
| Lot Size Square Feet | 106722 |
| Waterfront Y/N | No |
| Tax Annual Amount | 7081.79 |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.dropbox.com/s/wfgf7sl4a4phtr3/Akash%20Downtown%20Final.mov?dl=0 |
| Days on Market | 1136 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 13 |
| Virtual Tour | https://www.dropbox.com/s/wfgf7sl4a4phtr3/Akash%20Downtown%20Final.mov?dl=0 |
| Legal Description | SEC 18 TWP 15 RGE 22 PLAT BOOK E PAGE 006 DUNNS NW ADD OCALA ALL BLK B & ALL BLK C EXC RD & COM AT THE SW COR OF LOT 13 NEW SURVEY NORTH (E-2) TH N 89-43-30 E 174.10 FT TO THE POB TH CONT N 89-43-30 |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | X |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | Yes |
Exterior Features
| Lot Features | Corner Lot,Fire Hydrant,City Lot,Near Railroad Siding,Sidewalk |
|---|---|
| Lot Size Area | 2.45 |
| Foundation Details | Slab |
| Number of Buildings | 5 |
| Building Area Total | 12737 |
| Lot Size Acres | 2.45 |
| Road Surface Type | Asphalt |
| Road Frontage Type | Business District,City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 34475
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 30, 2024 4:20 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
