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    FOR SALE
    Commercial real estate

    530 NW 1St Ave, Ocala, FL 34475

    12,737 SF 2.45 ac lot Built 1955
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US18-2442733
    Property summary
    AI-generated overview

    This exceptional 12,737-square-foot industrial warehouse, located at 530 NW 1st Ave in Ocala, Florida, is offered at $2,900,000. Built in 1955, the property sits on a generous 2.45-acre lot and is zoned B-3 Specialty, offering a wide range of potential uses. The building features a large warehouse space, office areas, and a fenced yard, providing ample room for operations and storage. Its previous use as a lumber yard suggests its suitability for various industrial applications. The property's convenient location near downtown Ocala offers easy access to transportation and local amenities. The asking price translates to $227.68 per square foot. While currently vacant, portions of the yard and individual offices are also available for lease

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1955
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 12,737 SF
    Lot 2.45 ac (106,722 SF)
    Zoning code FBC
    APN 2865-002-000
    UPID US18-2442733
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ksl Properties LLC · 12 yrs held
    Ksl Properties LLC
    since 2014
    2 recorded transactions
    2014
    2014
    $215,000
    Zoning & alternative use
    FBC · Ocala, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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