Highway Frontage Automotive Repair Shop

7745 W HIGHWAY 40, Ocala, FL 34482

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For Sale

$949,000

Commercial property with automotive shop on heavily trafficked highway.

Type:Commercial/Industrial

Property size:

2,744 SF

Lot size:

0.44 Acres

Price / SF:

$345/SF

HighLights

High‑traffic location on Highway 40.
B‑2 zoning allows for a variety of commercial uses.
2,700+ sq ft building with air‑conditioned office and three roll‑up doors.
Just under 100 ft. of road frontage.
Paved parking lot with ample space.
Proximity to Ocala International Airport, Ocala Breeder’s Sales, and World Equestrian Center.

We can help!

Listing Contact

Robert Harden

For Sale

$949,000

Commercial property with automotive shop on heavily trafficked highway.

Type:Commercial/Industrial

Property size:

2,744 SF

Lot size:

0.44 Acres

Price / SF:

$345/SF

Added:: Jun 12, 2024
Days on Market:: 731
Last Refresh:: May 20 at 12:45 am

Property Features for 7745 W HIGHWAY 40

General Information

Standard status: Active
Size: 2,744 SF
Lot size: 0.44 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1974

We can help!

Listing Contact

Robert Harden

Listing agent Robert Harden License #615765

Listing office SHOWCASE PROPERTIES OF CENTRAL

Listing date Jun 12, 2024

Source Exitrealty

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 SHOWCASE PROPERTIES OF CENTRAL

HighLights

High‑traffic location on Highway 40.
B‑2 zoning allows for a variety of commercial uses.
2,700+ sq ft building with air‑conditioned office and three roll‑up doors.
Just under 100 ft. of road frontage.
Paved parking lot with ample space.
Proximity to Ocala International Airport, Ocala Breeder’s Sales, and World Equestrian Center.

Overview

This commercial property, situated on just under half an acre along Highway 40, is zoned B-2 and offers a variety of potential uses. The property features just under 100 feet of road frontage along the highway. Currently, there is a 2,700+ square foot building with an air-conditioned office and three roll-up doors, serving as an automotive repair shop. A paved parking lot with ample space is located in front of the shop. East-bound traffic can easily access the property via a nearby median split, despite a median on this section of the highway. The location is near the Ocala International Airport, Ocala Breeder’s Sales, and the World Equestrian Center.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$101.7k	$37.08
− Vacancy	−$3.2k	−$1.15
EGI	$98.6k	$35.93
− OpEx	−$29.6k	−$10.78
NOI	$69.0k	$25.15

2,744 SF · lease $37.08/SF/yr · vacancy 3.10% · expense 30.00%

Alternative Uses

Best Use

Retail

$985.9K

$862.7K – $1.15M (±1% cap)

NOI $69,015 @ 7.0% cap · market cap 7.27%

Second Best

Industrial

$449.7K

$393.5K – $524.6K (±1% cap)

NOI $31,478 @ 7.0% cap · market cap 3.32%

Theoretical Best

Office A

$1.50M

$1.31M – $1.75M (±1% cap)

NOI $104,890 @ 7.0% cap · market cap 11.05%

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

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Similar Places Nearby

Wang's Garage — 7745 FL-40 Unit #2, Ocala, FL 34482

Location Insight

Map
Local Demand

City: Ocala
County: Marion
State: Florida
Longitude: -82.247
Latitude: 29.187

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For sale
Auto shops
FL
Ocala
34482
7745 W HIGHWAY 40

What type of property is this?

Auto shop - Commercial property with automotive shop on heavily trafficked highway.

Where is this auto shop located?

The property is located at 7745 W HIGHWAY 40 Ocala, FL.

What is the asking price?

The asking price for this property is $949,000.

What are key features of this property?

This property features: High‑traffic location on Highway 40.; B‑2 zoning allows for a variety of commercial uses.; **2,700+ sq ft building with air‑conditioned office and three roll‑up doors.**

7745 W HIGHWAY 40, Ocala, FL 34482

Commercial property with automotive shop on heavily trafficked highway.

Property Features for 7745 W HIGHWAY 40

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Flex Retail Warehouse Buildings

Established Hardware Store with Income

Ocala Warehouse/Shop with Showroom

Downtown Ocala Mixed-Use Commercial Property

Professional Office Space in Ocala

Renovated Single-Unit Office Building

Ocala Mini-Farm Near WEC

Ocala Warehouse with Multiple Bays

Versatile Commercial Building in Ocala

Ocala Warehouse with Loading Docks

Ocala Multifamily Investment Opportunity

Quadruplex with Two Renovated Units

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