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Property profile & analytics
OFF-MARKET
Refrigerated & Cold Storage

22822 Us Hwy Micanopy, FL 32667

7,566 SF 2.88 ac lot Built 1957
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a 7,566-square-foot commercial building situated on a 2.88-acre lot in Micanopy, Florida. The property, zoned B2, boasts a prime location on US Highway 441, conveniently positioned between Ocala and Gainesville, ensuring high visibility and accessibility. Originally established as Ruby's Restaurant & Bar, the building has undergone expansions and rebranding over the years, offering versatile space adaptable to various commercial uses, including restaurants, bars, retail stores, or industrial applications. The building features 18-foot high beamed ceilings, providing ample vertical space ideal for diverse operations. Constructed of block with a metal roof and updated windows, the structure is durable and well-maintained. The property includes three buildings in total, offering 60 parking spaces to accommodate customers and employees. The robust electrical system includes 220-volt, three-phase power. Adding to its investment potential, the property also includes two residential units, a 2-bedroom, 1-bathroom home renovated in 2022, and a 1-bedroom, 1-bathroom apartment/garage renovated in 2015, currently generating income as short-term rentals. This unique combination of commercial and residential space presents a compelling opportunity for investors seeking a diversified portfolio in the thriving North Marion County submarket. The property's proximity to the historic town of Micanopy, with its charming cafes, antique shops, and museum, further enhances its appeal and potential for success. Built in 1957.

Property profile
Verified
Property type Refrigerated & Cold Storage
Year built 1957
Total area 7,566 SF
Lot 2.88 ac (125,453 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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