Active
530 NW 1ST AVE
OCALA FL, 34475
$2,900,000
$227.68 per sqft
Active
12,737 sqft
Commercial
Built in 1955
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.
OM618742
MLSⓇ ID
April 20, 2021
Listed
August 23, 2024
Updated
Map
530 NW 1ST AVE
OCALA FL, 34475
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
2.45 Acres
Lot Features
Corner Lot, Fire Hydrant, City Limits, Near Railroad Siding, Sidewalk
Roof
Metal
Sewer
Public Sewer
Other Property Details
Area Name
34475 - Ocala
Taxes
$7,082
Tax Frequency
Annually
Days on Market
1191
Garage
No
View
No
County
Marion
Municipality
15S
Pool
No
Zoning
FBC
Listed by BILL RODGERS REALTY
Listing Contact: 352-629-7506
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Data last updated 8/23/2024, 12:36 PM UTC
