1031 NE 16Th St Ocala, FL 34470
For Sale
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Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer
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Shooting Range
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Training Center Vocational School
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Ocala market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M1 · Ocala, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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