Branded Motel Near
120 NW 40TH AVENUE Ocala, FL 34482
120 NW 40TH AVENUE, Ocala, FL, 34482
$6,200,000
For Sale
$6,200,000
Hotel/Motel - OCALA, FL
Property Size30,828 SF
Lot Size1.68 Acres
Price / SF$201.12
Days on Market170
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
Listing Agency
IMPACT REALTY TAMPA BAY
(813) 321-1200
3309 W Bay to Bay Blvd, Tampa, FL
Listed by
Saurabh Patel
(728) 218-6492
Added: Jan 28 Checked: Jul 17 at 11:06 am
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.
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Red Roof Inn ...
Hotel & Motel
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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.
