Property profile

1720 4th Ave Ocala, FL 34475

OFF-MARKET
Other commercial real estate
Property ID
US18-5588304
15,120 SF 3 ac lot Built 2004
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is located off Hwy 441/Pine Ave in Ocala and comprises two buildings containing a mix of warehouse, flex, and office space suitable for uses such as construction-related operations, religious facilities, or storage, subject to the zoning requirements. The zoning is B4 and M1. Building 1 faces Pine Ave and includes three warehouse/flex units with offices at the front and warehouse space at the rear: Unit #100 (7,870 sq ft), Unit #101 (3,000 sq ft), Unit #103 (3,000 sq ft), plus Unit #102, which is office-only space (1,250 sq ft). Each warehouse area has three bay doors sized 12 ft by 14 ft. The four units in Building 1 are capable of being combined to provide 15,120 sq ft of contiguous space. Building 2 contains five units (200–204), each with 1,920 sq ft of space plus a 12x12 office and a bathroom, for a total of 9,600 sq ft; the individual unit entry doors are 12 ft wide by 14 ft high.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2004
Construction STEEL FRAME
Total area 15,120 SF
Lot 3 ac (130,680 SF)
Zoning code B4
APN 25448-005-00
UPID US18-5588304

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Renovation Specialist General Contractor
  • (Bike/Boat/Book/etc) Store Pet Store & Service
  • Auto Repair Shop (Bike/Boat/Book/etc) Store

Location

1720 4th Ave Ocala, FL 34475-9087
Ocala metro Census 1401 OCALA, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$1.56M

Owner & transaction history

since 2008
4 recorded transactions
2008
Price N/A
2007
$900,000
2007
Price N/A
1969
Price N/A

Zoning & alternative use

B4 · Ocala, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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