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    1031 16Th St Ocala, FL 34470

    For Sale
    $2,550,000

    15,000 SF Manufacturing Facility, Gun Range & Machine Shop

    Property size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a 15,000-square-foot manufacturing facility situated on a 1.32-acre lot in Ocala, Florida. The property, located at 1031 NE 16th St, 34470, boasts M-1 zoning and includes two successful, established businesses: a state-of-the-art indoor gun range and a machine shop equipped with CNC machines. The single-story, 1981-built building underwent renovations in 2010 and features a 20-foot ceiling height, two loading docks with two dock-high doors, and ample paved parking and fenced areas. The property is fully insulated and offers a free-span design. The included businesses operate from within the building, encompassing a retail store with a POS system, classrooms for training, and more. The gun range is publicly accessible, offering daily rates and membership packages. The machine shop presents opportunities for client manufacturing and specialty component production. The property has been 100% occupied and offers positive cash flow. Financial details, including tax returns and P&Ls, are available upon execution of a confidentiality agreement. This turnkey operation benefits from a trained and friendly staff, and the current owners are available to assist with a smooth transition. The property is well-located in a 2A-friendly area of Central Florida, within a federally designated Opportunity Zone.

    Property Features for 1031 16Th St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    15,000 SF
    Lot Size
    57,499 SF

    Building Details

    Year Built/Renovated
    1981/2010
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $2,550,000 asking price for this 15,000 SF industrial property.
    • 100% occupied, owner‑user opportunity in Ocala, FL.
    • Features include 2 loading docks, 2 dock‑high doors, and 20' ceilings.
    • Situated on a 1.32‑acre lot with M‑1 zoning.
    • Includes a successful indoor gun range and machine shop with CNC machines.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R & D Manufacturing ... Machine Shop R D Tactical ... Shooting Range Nature Coast Firearms ... Firearms Academy

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -82.1250338
    Latitude
    29.2038252

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    FAQs

    What type of property is this?
    Manufacturing property - 15,000 SF Manufacturing Facility, Gun Range & Machine Shop
    Where is this manufacturing property located?
    The property is located at 1031 16Th St Ocala, FL.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: $2,550,000 asking price for this 15,000 SF industrial property.; 100% occupied, owner-user opportunity in Ocala, FL.; Features include 2 loading docks, 2 dock-high doors, and 20' ceilings.
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    1031 16Th St Ocala, FL 34470
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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
    1031 16Th St Ocala, FL 34470
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