530 1st Avenue
Brokerage Office: 352-629-6883
530 1st Avenue, OCALA, FL 34475
  • MLS#: OM618742 ( Commercial Sale )
  • Street Address: 530 1st Avenue
  • Viewed: 40
  • Price: $2,900,000
  • Price sqft: $228
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 12737
  • Acreage: 2.45 acres
  • Additional Information
  • Geolocation: 29.1915 / -82.1383
  • County: MARION
  • City: OCALA
  • Zipcode: 34475
  • Subdivision: Dunns Central Add
  • Provided by: BILL RODGERS REALTY
  • Contact: Lance Schenker
  • 352-629-7506
  • mfrmls
  • DMCA Notice
  • 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.
Property Location and Similar Properties
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Similar
Property Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Electric
  1. 200+ Amp Service
  2. 220 Volts
Garage Spaces
  1. 0.00
Legal Description
  1. 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
Living Area
  1. 0.00
Lot Features
  1. Corner Lot
  2. Fire Hydrant
  3. City Limits
  4. Near Railroad Siding
  5. Sidewalk
Area Major
  1. 34475 - Ocala
Net Operating Income
  1. 0.00
Parcel Number
  1. 2865-002-000
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Business District
  2. City Street
Roof
  1. Metal
Sewer
  1. Public Sewer
Tax Year
  1. 2020
Township
  1. 15S
Views
  1. 40
Virtual Tour Url
  1. https://www.dropbox.com/s/wfgf7sl4a4phtr3/Akash%20Downtown%20Final.mov?dl=0
Year Built
  1. 1955
Zoning Code
  1. FBC
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