525 16Th StOcala, FL 34471

  • Other commercial real estate
  • 18,200 SF
For Lease
$9.13/SF/YR View listing

Property Details for 525 16Th St

Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.83 AC
Property size (Sq ft)
18,200 SF
Zone code
M1
Property type
Other commercial real estate
APN
28575-012-01
APU
2857501201

Description

This exceptional 22,992-square-foot warehouse, located at 525 SW 16th St, Ocala, FL 34471, presents a compelling investment opportunity. Situated on a 1.83-acre lot in Marion County, this Class C industrial property boasts a single-tenant occupancy and offers significant operational advantages. Built in 1960, the warehouse features an impressive 18-foot ceiling height, providing ample vertical storage space. Loading and unloading are facilitated by two loading docks and four drive-in doors, ensuring efficient material handling. The property also includes a secure, fenced-in lot, enhancing security and providing ample space for outdoor storage or operations. On-site parking accommodates 22 vehicles. Beyond the warehouse space, the property includes functional office space to support administrative needs, and a fleet maintenance facility is integrated into the design, providing a convenient solution for vehicle servicing. The strategic location offers easy access to Interstate 75, optimizing logistics and transportation for businesses requiring efficient distribution networks. This property is well-suited for a variety of commercial uses, including distribution centers, manufacturing operations, and businesses requiring substantial storage and operational space. The combination of size, features, and location makes this warehouse a highly attractive option for businesses seeking a functional and secure space in Ocala, Florida.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,181,353
    Hospitality
    $3,830,097
    Educational
    $3,186,596
    Medical
    $3,296,188
    Retail
    $4,956,926
525 16Th St, Ocala, Florida

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.1736
Longitude
-82.1427
CBSA code
36100
CBSA name
OCALA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,748
$115,587
$495,769
$611,356
-
$115,587
$544,975
$660,562

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