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530 NW 1st Ave
For Sale $2,900,000
$2,900,000
- Units
- Unknown Sq Ft
- 106,722 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,900,000 |
| Property Type | Industrial |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1955 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2865002000 |
| MLS # | OM618742 |
| Property ID | 319499261 |
| Lot Sqft | 106,722 |
| Zoning | FBC |
| Days on Market | 1,713 |
| Original List Price | $2,900,000 |
| Date Updated | May 08, 2025 |
| Date Created | April 17, 2021 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Lance Schenker an agent of BILL RODGERS REALTY. Lic #3047977
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of May 08, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT