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    Branded Motel Near I-75 Title is generated by Realmo AI

    120 NW 40TH AVENUE, Ocala, FL 34482

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    For Sale
    $6,200,000

    Hotel/Motel - OCALA, FL

    Property size:
    30,828 SF
    Lot size:
    1.68 Acres
    Price / SF:
    $201/SF
    Added:
    Jan 28, 2026
    Days on Market:
    142
    Last Refresh:
    Jun 19 at 10:06 pm

    Property Features for 120 NW 40TH AVENUE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B4
    Standard status
    Active
    APN
    2281-004-000
    Size
    30,828 SF
    Lot size
    1.68 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    92424

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2003
    Building materials
    Block, Concrete, Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Saurabh Patel

    Listing agent Saurabh Patel

    Listing office IMPACT REALTY TAMPA BAY 3309 W Bay to Bay Blvd, Tampa, FL

    Listing date Jan 28, 2026

    MLS# TB8466780 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High Annual Revenue: $1.7 million demonstrates strong business performance.
    • Prime I‑75 Highway Location: Offers excellent visibility and high traffic volume.
    • Priced Below Appraisal: Asking price of $6.2 million compared to a $6.5 million appraisal.
    • 64 Rooms & Ample Parking: 64 rooms with 90+ parking spaces.
    • Branded Flag Motel: Benefits from brand recognition and established operational systems.
    • Built in 2003: Relatively new construction compared to other properties.

    Overview

    This branded motel is located directly off I-75 in Ocala, Florida, offering high visibility and consistent traffic. The property features 64 rooms and over 90 parking spaces. The motel generates approximately $1.7 million in annual revenue and has a PEEP of 0. The property, appraised at approximately $6.5 million, is listed for $6.2 million. Situated on a 1.68-acre lot, the property encompasses 30,828 square feet and is zoned B4. This hospitality property represents an opportunity to acquire a well-performing asset in a prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Red Roof Inn ... Hotel & Motel

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Nail Salon Gym & Fitness Center Skin Care Clinic Food Market Barber Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Super 8 by Wyndham Ocala I-75 — 3924 W Silver Springs Blvd, Ocala, FL 34482
    • Super 8 Motel Ocala I-75 — 3924 W Silver Springs Blvd, Ocala, FL 34482
    • OYO Hotel Ocala, FL I-75 — 3520 W Silver Springs Blvd, Ocala, FL 34475
    • Studio 6 Ocala, FL — 3620 W Silver Springs Blvd, Ocala, FL 34475
    • Studio 6 Ocala — 3620 W Silver Springs Blvd, Ocala, FL 34475

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.189508
    Latitude
    29.187091

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    FAQs

    What type of property is this?
    Motel - 64-room motel with high visibility off I-75 in Ocala, FL.
    Where is this motel located?
    The property is located at 120 NW 40TH AVENUE Ocala, FL.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: High Annual Revenue: $1.7 million demonstrates strong business performance.; Prime I‑75 Highway Location: Offers excellent visibility and high traffic volume.; Priced Below Appraisal: Asking price of $6.2 million compared to a $6.5 million appraisal.
    (728) 218-6492
    We can help!
    Listing Contact
    Saurabh Patel
    Real Estate License ID: 3629236
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