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

July 4, 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

1136


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 7/4/2024, 12:28 AM UTC

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