530 Nw 1st Avenue, Ocala, FL 34475

$2,900,000

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List Price
$2,900,000
Status
Active
Days on Market
1926
MLS#
OM618742
Property Style
Retail
Year Built
1955
Lot Size
106,722
Acres
2.45
Total Acreage
2 to less than 5
Legal Subdivision Name
Dunns Central Add
MLS Area Major
Ocala

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 starting January 2024, with a monthly rent of $5,500.

Additional Information

Taxes Annual
$7081
Location
Corner Lot, Fire Hydrant, City Limits, Near Railroad Siding, Sidewalk
Community Features
No Deed Restriction
Zoning
FBC
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Metal Siding
Roof
Metal
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
2865-002-000
Legal Description
SEC 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

Listing courtesy of BILL RODGERS REALTY. 352-629-7506

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