530 NW 1ST AVENUE OCALA FL 34475 MLS #OM618742

530 NW 1ST AVENUE
OCALA, FL, 34475
$2,900,000
Beds
0 Baths
12,737 SqFt
2.45 Acres
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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.

Property Details

Price:
$2,900,000
MLS #:
OM618742
Status:
Active
Beds:
0
Baths:
0
Address:
530 NW 1ST AVENUE
Type:
Commercial
Subtype:
Industrial
Subdivision:
DUNNS CENTRAL ADD
Neighborhood:
34475 – Ocala
City:
OCALA
Listed Date:
Apr 20, 2021
State:
FL
Finished Sq Ft:
12,737
Total Sq Ft:
12,737
ZIP:
34475
Lot Size:
106,722 sqft / 2.45 acres (approx)
Year Built:
1955
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Block, Concrete, Metal Siding
Roof
Metal

Financial

Tax Year
2020
Taxes
$7,082

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Community

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530 NW 1ST AVENUE
OCALA, FL