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    530 1St Ave Ocala, FL 34475

    For Sale
    $2,900,000

    Spacious warehouse, 12,737 SF, vacant.

    Property size:
    12,737 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 12,737-square-foot industrial warehouse, located at 530 NW 1st Ave in Ocala, Florida, is offered at $2,900,000. Built in 1955, the property sits on a generous 2.45-acre lot and is zoned B-3 Specialty, offering a wide range of potential uses. The building features a large warehouse space, office areas, and a fenced yard, providing ample room for operations and storage. Its previous use as a lumber yard suggests its suitability for various industrial applications. The property's convenient location near downtown Ocala offers easy access to transportation and local amenities. The asking price translates to $227.68 per square foot. While currently vacant, portions of the yard and individual offices are also available for lease

    Property Features for 530 1St Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    12,737 SF
    Lot Size
    106,722 SF

    Building Details

    Year Built
    1955

    HighLights

    • 12,737 SF industrial warehouse on a 2.45‑acre lot in Ocala, FL.
    • Offered at $2,900,000 ($227.68/SF).
    • B‑3 Specialty zoning allows for diverse uses.
    • Features warehouse space, offices, and fenced yard.
    • Convenient downtown Ocala location.
    • Currently vacant; portions of yard and offices available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.1381281
    Latitude
    29.1914208

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    FAQs

    What type of property is this?
    Industrial property - Spacious warehouse, 12,737 SF, vacant.
    Where is this industrial property located?
    The property is located at 530 1St Ave Ocala, FL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: 12,737 SF industrial warehouse on a 2.45-acre lot in Ocala, FL.; Offered at $2,900,000 ($227.68/SF).; B-3 Specialty zoning allows for diverse uses.
    (352) 351-3630
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    530 1St Ave Ocala, FL 34475
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