About 530 Nw 1st Avenue
This property is a large industrial warehouse office with a fenced yard, located on 2.45 acres in downtown Ocala. It was formerly a lumber yard and offers various possibilities for redevelopment. However, it's important to note that any redevelopment plans would require rezoning of the property. The site holds potential for different uses, such as office space, multi-family housing, or apartment development. Rezoning would be necessary to accommodate these new purposes. Depending on the location and other factors, the property may also qualify for opportunity zone benefits and City of Ocala Credits, which can provide certain incentives for investment and development. In addition to the potential for redevelopment, the property is also available for lease immediately, with a monthly rent of $5,500.
Features of 530 Nw 1st Avenue
| MLS® # | OM618742 |
|---|---|
| Price | $2,900,000 |
| Acres | 2.45 |
| Year Built | 1955 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Listing Details
| Office | BILL RODGERS REALTY |
|---|
Listing Map
Neighborhood Information for 530 Nw 1st Avenue
Low Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Ambleside School Of Ocala Private - Kindergarten to 8Th Grade - Closest Elementry School |
1 Miles | |
|
|
Dr. D. D. Brown Christian Academy Of Hope Private - Preschool to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Dr Dd Brown Christian Academy Of Hope Private - to |
1 Miles | |
|
Osceola Middle School Public - 6Th Grade to 8Th Grade |
1 Miles | |
|
Eighth Street Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
Madison Street Academy Of Visual And Performing Arts Public - Kindergarten to 5Th Grade |
1 Miles | |
|
Wyomina Park Elementary School Public - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools