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    411 1St Ave Ocala, FL 34475

    For Sale
    $390,600

    2,520sf Office, Prime Location, Vacant

    Property size:
    2,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,520-square-foot Class B office building presents a compelling owner-user or multi-tenant investment opportunity in the heart of Ocala, Florida. Located just one block north of the US Federal Courthouse and three blocks from the historic town square, this property enjoys a highly visible and accessible location surrounded by numerous restaurants. Built in 1970, the single-story building sits on a 0.19-acre lot and features six individual offices, two lobbies, three bathrooms, a break room, and a dedicated conference room. Seven private parking spaces are available on-site, along with a fenced and paved 2,300-square-foot rear lot. The property is currently vacant, offering immediate occupancy and flexibility for a single tenant or the potential to lease out individual office spaces. The asking price is $390,600, translating to $155 per square foot. The property is zoned FBC and boasts a convenient location near downtown amenities. This is an ideal opportunity for a business seeking a prominent downtown presence or an investor looking for a strong return in a thriving Florida market. The APN is 2866-010-000.

    Property Features for 411 1St Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,520 SF
    Class
    B
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1970
    Buildings
    1
    Stories
    1

    HighLights

    • 2,520 SF Class B office building in Ocala, FL.
    • Prime downtown location, one block from the Federal Courthouse and three blocks from the town square.
    • Highly visible and accessible, surrounded by restaurants.
    • Multi‑tenant or single‑tenant potential; currently vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Affordable Divorce Documents, ... Divorce Service Baker Bail Bonds Bail Bonds Service

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.137812832612
    Latitude
    29.190805276381

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    FAQs

    What type of property is this?
    Office Property / Space - 2,520sf Office, Prime Location, Vacant
    Where is this office property / space located?
    The property is located at 411 1St Ave Ocala, FL.
    What is the asking price?
    The asking price for this property is $390,600.
    What are key features of this property?
    This property features: 2,520 SF Class B office building in Ocala, FL.; Prime downtown location, one block from the Federal Courthouse and three blocks from the town square.; Highly visible and accessible, surrounded by restaurants.
    Request Owner's contact information
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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
    411 1St Ave Ocala, FL 34475
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