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    2685-2695 27Th Ave Ocala, FL 34475

    Sponsored
    For Sale
    $2,500,000

    2.55-acre retail site, excellent visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.55-acre commercial land parcel presents a remarkable investment opportunity in Ocala, Florida. Located at the prominent intersection of NW 10th Street (US Hwy 27) and NW 27th Avenue, this B5-zoned property boasts unparalleled visibility and accessibility. Situated just west of I-75, the site benefits from high traffic counts, with approximately 22,000 vehicles daily on 10th Street and 19,600 on 27th Avenue. Its strategic location is further enhanced by the presence of several nearby industrial parks, ensuring a robust daytime population. The property's ideal configuration makes it suitable for a variety of retail uses, including fast food restaurants, gas stations, or sit-down establishments. The parcel includes three APNs: 22149-000-00

    Property Features for 2685-2695 27Th Ave

    General Information

    Property type
    Land
    Lot Size
    111,078 SF

    HighLights

    • 2.55‑acre commercial land parcel in Ocala, FL, at the high‑traffic intersection of NW 10th Street (US Hwy 27) and NW 27th Avenue.
    • High visibility and accessibility with excellent ingress/egress from both major roadways.
    • Strong traffic counts: 22,000 vehicles daily on NW 10th Street and 19,600 on NW 27th Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.1681088
    Latitude
    29.1974906

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    FAQs

    What type of property is this?
    Land - 2.55-acre retail site, excellent visibility
    Where is this land located?
    The property is located at 2685-2695 27Th Ave Ocala, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 2.55-acre commercial land parcel in Ocala, FL, at the high-traffic intersection of NW 10th Street (US Hwy 27) and NW 27th Avenue.; High visibility and accessibility with excellent ingress/egress from both major roadways.; Strong traffic counts: 22,000 vehicles daily on NW 10th Street and 19,600 on NW 27th Avenue.
    (386) 506-0037
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    2685-2695 27Th Ave Ocala, FL 34475
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    Ocala, FL 34475
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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
    2685-2695 27Th Ave Ocala, FL 34475
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