530 NW 1ST AVENUE OCALA, FL - Image 1530 NW 1ST AVENUE OCALA, FL - Image 2530 NW 1ST AVENUE OCALA, FL - Image 3

$2,900,000

0 Beds 0 Baths 12,737 SQFT 2.45 Acres
Type: Commercial

530 NW 1ST AVENUE
OCALA, FL 34475

MLS#: OM618742
Scott Priebe
Scott Priebe
The Real Estate Advantage
Phone: 952.270.3416
Office: 952.898.5800
Presented by: BILL RODGERS REALTY with 352-629-7506. - 352-629-7506

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 immediately, with a monthly rent of $5,500.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CityOCALA
Construction MaterialsBlock, Concrete, Metal Siding
CoolingCentral Air
CountyMarion
DirectionsNorth on NE 1st Ave to NW 6th St - T/L onto NW 6th St to NW 1st Ave. Building on the right corner of NW 6th St and NW 1st Ave.
Electric200+ Amp Service, 220 Volts
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionSEC 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
Living Area Units0 sqft
Lot Size Square Feet106,722 sqft
Lot Size UnitsAcres
MLS Area34475 - Ocala
New ConstructionNo
OwnershipCorporation
Property SubtypeRetail
Property TypeCommercial Sale
RoofMetal
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameDUNNS CENTRAL ADD
Tax Annual Amount$7,082
Tax Lot13
Tax Year2020
Virtual TourClick here
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1955
ZoningFBC

Exterior

Building Area Total12,737 sqft
Foundation DetailsSlab
Lot FeaturesCorner Lot, Fire Hydrant, City Lot, Near Railroad Siding, Sidewalk
Lot Size Acres2.45
Lot Size Area2 sqft
Number of Buildings5
Road Frontage TypeBusiness District, City Street
Road Surface TypeAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$2,900,000

0 Beds 0 Baths 12,737 SQFT 2.45 Acres
Type: Commercial

530 NW 1ST AVENUE
OCALA, FL 34475

MLS#: OM618742
Scott Priebe
Scott Priebe
The Real Estate Advantage
Phone: 952.270.3416
Office: 952.898.5800