Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    215Th St Fort McCoy, FL 32134
    Back to Search
    Property profile & analytics

    215Th St, Fort McCoy, FL 32134

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 215Th St

    Property type
    Land

    Description

    This exceptional 130,680 square foot commercial land parcel presents a remarkable investment opportunity in Fort McCoy, Florida. Located at 0 NE 215th Street, this 3-acre site boasts an unbeatable location within Marion County, offering convenient access to major roadways, enhancing its appeal for a diverse range of commercial ventures. The property's expansive size provides ample space for development, catering to various business needs. Its strategic position in the heart of Ocala provides proximity to a wealth of amenities, including shopping, dining, and entertainment options, ensuring high visibility and accessibility for any future development. The address is 0 NE 215th Street, Fort McCoy, FL 32134. This property is zoned for commercial use (verification of zoning is recommended). The asking price for this exceptional land parcel is $65,000, making it an attractive proposition for investors seeking a strong return on investment in a thriving Florida market. The property's size and location make it ideal for a variety of commercial uses, from retail and office spaces to light industrial facilities. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort McCoy
    County
    Marion
    State
    Florida
    Longitude
    -81.9473
    Latitude
    29.4624

    Comparable in this City

    • Value Estimation by Request

      25160 140 Lot 238 Loop

      Specialty properties
      25160 140 Lot 238 Loop, Fort McCoy, FL 32134
      View Details
    • Value Estimation by Request

      116Th Ter

      Land
      0 116Th Ter, Fort McCoy, FL 32134
      View Details
    • Value Estimation by Request

      25184 143Rd Pl

      Land
      25184 143Rd Pl, Salt Springs, FL 32134
      View Details
    • Value Estimation by Request

      25209 141 Lot 253 Ln

      Land
      25209 141 Lot 253 Ln, Fort McCoy, FL 32134
      View Details
    • Value Estimation by Request

      14413 252 Ct Lot 132-A Rd

      Land
      14413 252 Ct Lot 132-A Rd, Fort McCoy, FL 32134
      View Details
    • Value Estimation by Request

      25351 140Th St

      Land
      25351 140Th St, Fort McCoy, FL 32134
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land in Fort McCoy

      Land available in the Ocala National Forest area.
      8045 NE 307Th Ave, Fort Mc Coy, FL 32134
      View Details
    • Contact for pricing

      Cleared Lot in Kerr Shores

      0.12 acre lot with lake access and amenities.
      130 NE 130Th Pl, Salt Springs, FL 32134
      View Details
    • $60,000

      Fort McCoy Countryside Land Parcel

      Three-acre parcel in Fort McCoy offering space and privacy.
      10650 NE 210Th St, Fort Mc Coy, FL 32134
      View Details
    • $35,000

      Treed Acres Near Eureka

      1.24 treed acres near Eureka and Fort McCoy.
      150 NE 150Th Ave, Fort Mc Coy, FL 32134
      View Details
    • $80,000

      Spacious RV Lot with Amenities

      Large RV lot with deck, shed, and resort amenities.
      14403 252 Court Rd NE 128, Fort Mc Coy, FL 32134
      View Details
    • Contact for pricing

      Vacant Lot in Fort McCoy

      Vacant lot perfect for homesite, retreat, or investment.
      00 NE 166Th St, Fort Mc Coy, FL 32134
      View Details

    Similar Nearby for Lease

    • New
      $2,100 /Mo
      2,721 SF

      Retail Suites in Salt Springs

      Retail suites available for lease in established neighborhood retail plaza.
      14100 Highway 19 N, Salt Springs, FL 32134
      View Details
    • New
      $1,900 /Mo
      2,500 SF

      Retail Suites in Salt Springs

      Retail suites available for lease in established neighborhood retail plaza.
      14100 Highway 19 N, Salt Springs, FL 32134
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    215Th St
    Fort McCoy, FL 32134
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    215Th St, Fort McCoy, FL, 32134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!