Address
1839 SW College ROAD, OCALA, FL
Price
$ 2,500,000
Property Attributes
  • MLS#OM674897
  • TypeCommercial
  • CountyMARION
  • CityOCALA
  • AreaOcala
  • NeighborhoodSunset Add
  • Zip34471
  • StyleRetail
  • Year Built1984
  • Taxes$ 16703
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10933
  • Lot Size0.64 Acres
Data Source:
Stellar MLS
Property Description

Class A Retail Building with frontage on SR 200 (College Road) Ocala's #1 Corridor. The building is currently leased to a Curaleaf Florida, a Medical Cannabis Dispensary, who recently entered into their second 5 year term which is set to expire or renew in November 2028. Curaleaf Florida is leasing the property on a NNN basis with a current annual net income of $131,196 with 5% annual escalations. The property has substantial renovations to suit the ten-ant’s needs; the current interior buildout consists of reception, pharmacy, consultation rooms, warehouse, 4 roll up doors with varying levels of dock high loading, excellent exposure on SR 200, and ample parking. The property sits on .64 acres and is located on SR 200 close to I-75, US Hwy 441/301/27, Downtown Ocala, Local Hospitals, and the Marion County Courthouse.

Price History
3/15/2024 Listed $2,500,000

General Features

Cooling Central Air
Zoning B4
Construction Materials Block
Year Built 1984
Property SubType Retail
Tax Year 2023
Percent Ownership Sole Proprietor
County Marion
New Construction No
Property Type Commercial Sale
Subdivision Name SUNSET ADD
Status Active
Directions From SR 200/I 75 head E on SR 200. Property on the left.
ModificationTimestamp 2024-03-16T05:00:07.887Z
City OCALA
Buyer Agent Compensation 3%
View Y/N No
MLS Area 34471 - Ocala
Lot Size Units Square Feet
Lot Size Square Feet 27878
Waterfront Y/N No
Tax Annual Amount 16703.23
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM674897
Days on Market 1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 11
Legal Description SEC 24 TWP 15 RGE 21 PLAT BOOK C PAGE 051 SUNSET ADD BLK B SLY 40 FT OF L 11 & NLY 90 FT L 10
Water Access Y/N No
Water View Y/N No
Flood Zone Code A

Interior Features

Total Stories 1
Air Conditioning Y/N Yes
LivingAreaSource Public Records

Exterior Features

Lot Size Area 27878
Foundation Details Slab
Number of Buildings 1
Building Area Total 10933
Lot Size Acres 0.64
Road Surface Type Paved
Road Frontage Type 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 34471

Price
AVG $1.24M
$2.5M
Taxes
AVG $9,466
$16,703
Visits
AVG 152
258
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1984

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