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530 NW 1st Avenue

Ocala, FL 34475
  • $2,900,000
  • STATUS: Active
  • ON SITE: 1045 Days
  • MLS #: OM618742
UPDATED: 32 min ago
$2,900,000
  • 0
    BEDS
  • 2.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
County:
Area:

School Ratings & Info

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.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-03-01T12:48:25.933.
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530 NW 1st Avenue Ocala, FL 34475

  • Price: $2,900,000
  • Status: Active
  • On Site: 1045 Days
  • Updated: 32 min ago
  • MLS #: OM618742
0
Beds
0
Baths
0
½ Baths
2.45
Acres
1955
Built
Neighborhood:
Dunns Central Add
County:
Marion
Area:
Ocala
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.
Exterior Features

Construction Materials BlockConcreteMetal Siding Foundation Details Slab Lot Features Corner LotFire HydrantCity LotNear Railroad SidingSidewalk Road Frontage Type Business DistrictCity Street Road Surface Type Asphalt Roof Metal Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 12737 Cooling Central Air Cooling YN Yes Freezer Space Yn No Sewer Public Sewer Stories Total 1

Property Features

Converted Residence Yn No Electric 200+ Amp Service220 Volts Flood Zone Code X New Construction Yn No Ownership Corporation Property Sub Type Industrial Special Listing Conditions None Tax Annual Amount 7081.79 Total Annual Fees 0 Total Monthly Fees 0 Zoning FBC


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BILL RODGERS REALTY: 352-629-7506.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-03-01T12:48:25.933.
 
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