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    2685-2695 27Th Ave Ocala, FL 34475

    Sponsored
    For Lease
    $100,000

    2.55 acres, B5 zoning, high visibility.

    Lot size:
    111,078 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.55-acre commercial land parcel presents a remarkable opportunity for retail development in Ocala, Florida. Strategically located at the intersection of NW 10th Street and NW 27th Avenue, this property boasts unparalleled visibility and accessibility, situated just west of I-75 on US Highway 27. The B5 zoning allows for a wide range of commercial uses, making it ideal for a variety of businesses, including retail stores, fast-food restaurants, gas stations, or sit-down restaurants. The property's corner location ensures maximum exposure to high traffic volumes, guaranteeing significant foot and vehicle traffic. The site consists of three separate parcels, with APN numbers 22149-000-00

    Property Features for 2685-2695 27Th Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,078 SF
    Total Rate
    100000

    Unit(s) available at that property

    Space
    Size
    111,078 SF
    Rate per SF
    $100,000

    HighLights

    • High daytime population due to nearby industrial parks.
    • Excellent visibility and access from NW 10th Street (US Hwy 27) and NW 27th Avenue.
    • Established and growing retail trade area.
    • High traffic counts: 22,000 vehicles 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 acres, B5 zoning, high visibility.
    Where is this land located?
    The property is located at 2685-2695 27Th Ave Ocala, FL.
    What is the lease rate?
    The lease rate is $100,000.
    What are key features of this property?
    This property features: High daytime population due to nearby industrial parks.; Excellent visibility and access from NW 10th Street (US Hwy 27) and NW 27th Avenue.; Established and growing retail trade area.
    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
    2685-2695 27Th Ave Ocala, FL 34475
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