Property summary
This exceptional 6,640-square-foot flex commercial space presents a unique investment opportunity in the heart of Ocala, Florida. Located at 422 SW 16th St, this single-tenant property sits on a 0.33-acre lot and is zoned B-4, allowing for a diverse range of commercial uses. The building's entire 6,640 square feet is currently vacant, providing immediate occupancy for a new tenant. Its strategic location offers unparalleled access to Ocala's vibrant amenities. Businesses will benefit from the proximity to major thoroughfares including US 441/301, SR 200, SR 40, and the Marion County Courthouse. The hospital district is also conveniently close by, making this property attractive to a wide range of businesses. This property is perfect for businesses seeking a high-visibility location with easy access to Ocala's bustling commercial center and its extensive transportation network. The B-4 zoning provides flexibility for various commercial ventures, ensuring a versatile and adaptable space for future growth and expansion. This is a rare opportunity to acquire a substantial, well-located commercial property in a thriving market. The property's size and zoning make it suitable for a variety of businesses seeking a prominent presence in Ocala. Don't miss this chance to secure a prime location for your business or investment portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Theater & Performing Art Venue Music Venue
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
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B4 · Ocala, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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