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530 NW 1ST AVENUE, OCALA, FL 34475
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$2,900,000
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Home Details for 530 NW 1ST AVENUE
Price
$2,900,000
Type
Commercial/Industrial
Year Build
1955
Lot Size
2.45
County
Marion
Tax
$7,081.79
MLS®️ Listing#
OM618742
On exitrealty.com
1576 days
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.
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Listing Courtesy: BILL RODGERS REALTY - 352-629-7506
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-05-08 22:31:00
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