1031 16Th StOcala, FL 34470
- Other commercial real estate
- 15,000 SF
Property Details for 1031 16Th St
- Year built
- 1981
- Construction
- STEEL FRAME
- Lot size
- 1.32 AC
- Property size (Sq ft)
- 15,000 SF
- Zone code
- M1
- Property type
- Other commercial real estate
- APN
- 2600-013-000
- APU
- 2600013000
Description
This exceptional investment opportunity presents a 15,000-square-foot manufacturing facility situated on a 1.32-acre lot in Ocala, Florida. The property, located at 1031 NE 16th St, 34470, boasts M-1 zoning and includes two successful, established businesses: a state-of-the-art indoor gun range and a machine shop equipped with CNC machines. The single-story, 1981-built building underwent renovations in 2010 and features a 20-foot ceiling height, two loading docks with two dock-high doors, and ample paved parking and fenced areas. The property is fully insulated and offers a free-span design. The included businesses operate from within the building, encompassing a retail store with a POS system, classrooms for training, and more. The gun range is publicly accessible, offering daily rates and membership packages. The machine shop presents opportunities for client manufacturing and specialty component production. The property has been 100% occupied and offers positive cash flow. Financial details, including tax returns and P&Ls, are available upon execution of a confidentiality agreement. This turnkey operation benefits from a trained and friendly staff, and the current owners are available to assist with a smooth transition. The property is well-located in a 2A-friendly area of Central Florida, within a federally designated Opportunity Zone.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,269,474
- Hospitality
- $2,994,820
- Educational
- $2,491,655
- Medical
- $2,577,347
- Retail
- $3,875,908
Location Insight
- City
- Ocala
- County
- Marion
- State
- Florida
- Latitude
- 29.2039
- Longitude
- -82.1248
- 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
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