For Sale
$1,450,000

1921 Fort King StOcala, FL 34471

22,230 SF Warehouse, 1.71 Acres

Overview

Added:
Dec 11, 2024
Days on market:
113
This 22,230-square-foot warehouse, located at 1921 & 1911 E Fort King St, Ocala, FL 34471, presents a compelling value-add investment opportunity. The single-story, 1958-built structure sits on a 1.71-acre lot and boasts a fee-simple ownership. Currently 100% occupied by a single tenant under a month-to-month lease, the property offers immediate occupancy potential for an owner-user or the chance to lease to a new tenant. The asking price is $1,450,000, translating to $65.23 per square foot. The property features three points of ingress/egress, providing convenient access. The zoning is R3. The property's location on the hard corner of E Fort King St and NE 19th Ave offers high visibility. Recent improvements include resealing and striping of the parking lot. The tenant is currently six months behind on rent. The property's location is within a densely populated area with significant commercial and residential development nearby. The building's address is 1921 & 1911 E Fort King St, Ocala, FL 34471, and the APN is 28332-001-20, 28332-001-18. This property offers a rare chance to acquire a well-located warehouse at a price significantly below replacement cost.

Highlights

  • Exceptional Value: Priced significantly below replacement cost at $65.22 per square foot.
  • Newly Improved Parking: Recently resealed and restriped parking lot.
  • Ready for Move-In: Immediate occupancy is available.

Property Details for 1921 Fort King St

Property type
Warehouses, Industrial properties
Square Feet
22,230 SF
Year Built
1958
Buildings
1
Stories
1
Lot Size (sq. ft)
74,488 SF
Units
1

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.1856831
Longitude
-82.1118134
1921 Fort King St, Ocala, Florida

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1921 Fort King St
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