For Sale
$950,000

3650 25Th StOcala, FL 34470

Multi-tenant warehouse, high occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This Ocala, Florida warehouse offers a compelling value-add investment opportunity. The 13,282 square foot property sits on a 0.95-acre lot and is zoned M-1. The single-story building comprises nine units, currently 100% occupied under gross leases. Eight units measure 832 square feet each, featuring an office, restroom, and roll-up door, while a larger 6,626 square foot unit is currently leased to a dance school. Each of the smaller units has individual electric meters, and the building utilizes a shared water meter and septic system. The property enjoys a prime location in Northeast Ocala, near the 36th Avenue bridge, within a thriving industrial area. The current gross rents provide a strong income stream, with potential for future rent increases to market rates. This multi-tenant warehouse presents a solid investment prospect with significant upside potential. The property's address is 3650 NE 25th St, Ocala, FL 34470, and its APN is 2425-005-000. The asking price is $950,000.

Highlights

  • $950,000 asking price for a value-add industrial investment opportunity.
  • 13,282 square foot warehouse building on a 0.95-acre lot in Ocala, Florida.
  • Multi-tenant property with nine units, currently 100% occupied, generating gross rents.
  • M-1 zoning allows for flexible use.
  • One-story building with eight 832 SF units and one 6,626 SF unit.

Property Details for 3650 25Th St

Property type
Warehouses, Industrial properties
Square Feet
13,282 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
41,382 SF
Units
9

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.2120742
Longitude
-82.08539
3650 25Th St, Ocala, Florida

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3650 25Th St
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