$2,900,000

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Overview

Year Built

1955

2.45 acres
Property Type

Industrial

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.

Property Details

MLS#

OM618742

Total Floor in Bldg

1

Address

530 1ST NW

City

Ocala

State/county

FL

Zip/Postal Code

34475

Area

Dunns Central Add

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,081

Maint Fee

$--

Tax Year

2020

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Boris Gelfand