Listing provided courtesy of BILL RODGERS REALTYas Distributed by MLSGrid- MLS# MFROM618742
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Request Info530 NW 1ST AVENUEOCALA, FL 34475
Commercial · 12,737 Sq. ft. | 2.45 Acres$2,900,000
Active
530 NW 1ST AVENUE Overview
- Time on Site:
- 1857 days
- Visits:
- 1
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.
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530 NW 1ST AVENUE Facts & Features
- Type Commercial
- Sq. ft. 12,737
- Price/Sq.ft. $228
- Lot 2.45 Acres
Details
General
Building Information
- New Construction: No
- Year Built: 1955
Location/Region
- Country: US
- County Or Parish: Marion
- MLS Area Major: 34475 - Ocala
- Subdivision Name: DUNNS CENTRAL ADD
- Township: 15S
Tax Information
- Tax Annual Amount: 7081.79
- Tax Year: 2020
General Information
- Ownership: Corporation
- Parcel Number: 2865-002-000
- Property Sub Type: Retail
- Property Type: Commercial Sale
- Special Listing Conditions: None
- Zoning: FBC
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Source: Public Records
- Building Area Total: 12737
- Building Area Units: Square Feet
General Information
- Cooling: Central Air
- Electric: 200+ Amp Service,220 Volts
- Foundation Details: Slab
- Living Area Units: Square Feet
- Stories Total: 1
Exterior
Lot Information
- Additional Parcels: No
- Lot Features: Corner Lot,Fire Hydrant,City Limits,Near Railroad Siding,Sidewalk
- Lot Size Acres: 2.45
- Lot Size Square Feet: 106722
- Road Surface Type: Asphalt
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Block,Concrete,Metal Siding
- Roof: Metal
General Information
- Road Frontage Type: Business District,City Street
- Sewer: Public Sewer
530 NW 1ST AVENUE Neighborhood
Community
34475 (OCALA) Demographics
36
Median Age
453
Population Density (per sq. mile)
16%
College Educated
$24,202
Estimated Median Income
1,967
Estimated Total Home Owners
2,803
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.530 NW 1ST AVENUE Monthly Cost
530 NW 1ST AVENUE Market Data
Based on the last 30 days in this zip code
$494,553
Average List Price
$263
Average Price per Square Foot
20
Properties Sold
115
Average Days on Market
103
Properties for Sale
530 NW 1ST AVENUE History
| Date | Value | Agent |
|---|---|---|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |