530 1st Avenue, OCALA, FL 34475
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Priced at Only: $2,900,000
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Address: 530 1st Avenue, OCALA, FL 34475
Property Location and Similar Properties
- MLS#: OM618742 ( Commercial Sale )
- Street Address: 530 1st Avenue
- Viewed: 204
- Price: $2,900,000
- Price sqft: $228
- Waterfront: No
- Year Built: 1955
- Bldg sqft: 12737
- Acreage: 2.45 acres
- Additional Information
- Geolocation: 29.1915 / -82.1383
- County: MARION
- City: OCALA
- Zipcode: 34475
- Subdivision: Dunns Central Add
- Provided by: BILL RODGERS REALTY
- Contact: Lance Schenker
- 352-629-7506
- DMCA Notice
-
DescriptionThis 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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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
- Roof: Metal
Land Information
- Lot Features: Corner Lot, Fire Hydrant, City Limits, Near Railroad Siding, Sidewalk
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Electric: 200+ Amp Service, 220 Volts
- Road Frontage Type: Business District, City Street
- Sewer: Public Sewer
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2020
Other Features
- Country: US
- 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 E 60 FT TH N 270.12 FT TO A PT ON THE SLY ROW LINE OF SEABOARD COAST LINE RR CO SPUR TRACK PT BEING 10 FT SLY MEASURED RADIALLY FROM THE CL OF SPUR TRACK TH SWLY ALONG THE ARC OF CURVE A CHORD BEARING & DISTANCE OF S 80-35-29 W 60.77 FT TH S 260.53 FT TO THE POB
- Area Major: 34475 - Ocala
- Parcel Number: 2865-002-000
- Views: 204
- Zoning Code: FBC
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