530 NW 1ST AVENUE, Ocala, Florida, 34475
$2,900,000
2.45 Acres
0 ba
#OM618742
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.
PROPERTY FEATURES
- Water Access : 0
- Sewer : Public Sewer
- Lot Features : Corner Lot, Fire Hydrant, City Limits, Near Railroad Siding, Sidewalk
- Road Surface Type : Asphalt
- Roof : Metal
- Zoning : FBC
- Cooling : Central Air
- Construction Materials : Block, Concrete, Metal Siding
PROPERTY DETAILS
ID: OM618742
Status: Active
Price: $2,900,000
Acres: 2.45 Acres
Price Per Acre: $1,183,673
Type: Commercial
Address: 530 NW 1ST AVENUE
City, State: Ocala, Florida
County: Marion
Zip Code: 34475
Lat/Long: 29.191474, -82.138332
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