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Branded Motel Near I-75
For Sale
$6,200,000

120 NW 40th Ave, Ocala, FL 34482

Established hospitality property in Ocala with substantial guest parking and direct highway access.

Property Size30,828 SF
Price / SF$201.12
Days on Market21

Property Features for 120 NW 40th Ave

General Information

Standard status Active
Size 30,828 SF

Building Details

Year Built 2003
Listing Agency: IMPACT REALTY TAMPA BAY
Listed By: Saurabh Patel · License #3629236
Source: Chenoregroup
Added: Aug 12 Changed: Aug 31 Last Checked: Aug 31 at 7:21PM

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

Investment Insights

Based on property information with market context.

This branded motel in Ocala contains 64 guest rooms within a 30,828-square-foot property built in 2003. The site includes 90+ parking spaces and is positioned directly off I-75, supporting convenient highway access for motel guests.

Located at 120 NW 40th Ave in Ocala, Florida, the property offers a hospitality-focused configuration with an established branded identity and proximity to a major interstate corridor. Its room count, parking capacity, and highway-oriented setting define the core operating features of the asset.

Key Highlights

  • 64 guest rooms
  • 90+ parking spaces
  • 30,828 square feet

Property Analytics

Current Use

Red Roof Inn ... Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Bakery Grocery & Convenience Store Garden Center Furniture & Home Goods Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby
Well-served
Demand for This Use

Demographics for 34482, FL

23,565
Population
9,553
Households
2.5
Avg Household Size
48
Median Age
22%
College-Educated
85%
High-School Grad
93.0 sq mi
ZIP Area
253
Density / Sq Mi
$71,449
Median Household Income
$37,492
Median Earnings
$861
Median Rent
$247,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market 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
  • Studio 6 Ocala, FL 3620 W Silver Springs Blvd, Ocala, FL 34475
  • Studio 6 Ocala 3620 W Silver Springs Blvd, Ocala, FL 34475
  • OYO Hotel Ocala, FL I-75 3520 W Silver Springs Blvd, Ocala, FL 34475

Frequently Asked Questions

What type of property is this?
Motel - Established hospitality property in Ocala with substantial guest parking and direct highway access.
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: 64 guest rooms; 90+ parking spaces; 30,828 square feet
More about this property
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