For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120 NW 40TH Ave Ocala, FL 34482

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $6,200,000

    64-room motel off I-75 in Ocala with high revenue.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 3:33 pm

    Property Features for 120 NW 40TH Ave

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    2003

    We can help!

    Listing Contact
    Saurabh Patel

    Listing agent Saurabh Patel License #3629236

    Listing office Impact Realty Tampa Bay

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Impact Realty Tampa Bay


    Overview

    Branded Motel Near I-75

    This branded motel is located directly off I-75 in Ocala, Florida. 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. An existing loan of $4.3 million is associated with the property. A recent appraisal valued the property at approximately $6.5 million. The location offers high visibility and consistent traffic throughout the year, presenting a stable investment opportunity with potential for growth. The property is bikeable with a score of 56, but car-dependent with a score of 26, and has no nearby transit with a score of 0.
    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
    -82.189542
    Latitude
    29.187143

    FAQs

    What type of property is this?
    Motel - 64-room motel off I-75 in Ocala with high revenue.
    Where is this motel located?
    The property is located at 120 NW 40TH Ave 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 indicates strong business performance.; Prime I‑75 Highway Location: Offers excellent visibility and high traffic volume.; Appraisal Value Exceeds Asking Price: Recent appraisal of $6.5 million versus asking price of $6.2 million provides immediate equity.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message