1302 25Th LoopOcala, FL 34471

  • Commercial real estate
  • 5,958 SF
For Sale
$799,900 View listing

Property Details for 1302 25Th Loop

Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.71 AC
Property size (Sq ft)
5,958 SF
Zone code
PDRO
Property type
Commercial real estate
APN
29939-002-01
APU
2993900201

Description

This exceptional 6,246 square foot office building is situated on a 0.71-acre corner lot in Ocala, Florida, at 1302 SE 25th Loop. Its prime location offers excellent visibility from both SE 25th Loop and SE 24th Road, ensuring high traffic exposure for your tenants. The building boasts four individual suites, all currently occupied by professional tenants, providing immediate cash flow. Its strategic location provides easy access to major thoroughfares including SR 441, SE Lake Weir Avenue, and Maricamp Road, making it highly convenient for both tenants and clients. The Oakhurst Professional complex is a thriving hub for medical and local businesses. The property benefits from a recently installed roof (September 2024), minimizing immediate maintenance concerns. Attractive financing options are available to qualified buyers. These include cash purchases, conventional loans, or owner financing with a 50% down payment. The owner financing terms include a 10-year amortization period at a 9.9% interest rate, with no pre-payment penalty. Note that with seller financing, the buyer is responsible for all closing costs. This presents a rare opportunity to acquire a well-located, income-producing office building with flexible financing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,368,798
    Hospitality
    $1,253,812
    Educational
    $1,043,157
    Medical
    $1,079,032
    Retail
    $1,622,688

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.1632
Longitude
-82.1215
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
$10,839
$139,176
$390,632
$529,808
-
$139,176
$409,862
$549,038

FAQs

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