1521 12Th AveOcala, FL 34471
- Retail properties
- 1.99 AC
Property Details for 1521 12Th Ave
- Lot size
- 1.99 AC
- Zone code
- M1
- Property type
- Retail properties
- Property subtype
- Parking lots & garages
- APN
- 23688-000-01
- APU
- 2368800001
Description
This Ocala, Florida property offers two adjacent, available warehouse units, each spanning 2,100 square feet. Located at 1521 SW 12th Avenue, 34471, in Marion County, these units are perfect for businesses seeking flexible space. Each unit features 475 square feet of office space, complete with two offices, a bathroom, a kitchenette, and a storage closet. The remaining space is dedicated to warehouse use, boasting high ceilings and a large ground-level roll-up door for easy loading and unloading. Adding to the functionality, each unit includes 475 square feet of mezzanine space above the office area, providing additional storage or workspace. Both units are fully heated and cooled for year-round comfort. The property is zoned M-1, offering versatility for various industrial uses. The strategic location offers easy access to major roadways, including SW 17th Street, Highway 200, and other key transportation arteries, ensuring convenient commutes and efficient logistics. A total of 4,200 square feet of vacant space is currently available. The minimum divisible space is 2,100 square feet, with a maximum contiguous space of 2,100 square feet. This property is available for sale or lease on a net-net-net (NNN) basis.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $25,577,032
- 6.5%
- $23,609,568
- 7%
- $21,923,170
-
Comparable approach
- Method
- Valuation
- Relative Method
- $30,367,926
- Geo Method
- $30,367,926
-
Alternative Use
- Use
- Valuation
- Residential
- $19,915,554
- Hospitality
- $18,242,540
- Educational
- $15,177,580
- Medical
- $15,699,560
- Retail
- $23,609,568
Location Insight
- City
- Ocala
- County
- Marion
- State
- Florida
- Latitude
- 29.1737
- Longitude
- -82.1479
- CBSA code
- 36100
- CBSA name
- OCALA, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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