3650 25Th StOcala, FL 34470

  • Commercial real estate
  • 13,282 SF
For Sale
$950,000 View listing

Property Details for 3650 25Th St

Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.95 AC
Property size (Sq ft)
13,282 SF
Zone code
M1
Property type
Commercial real estate
APN
2425-005-000
APU
2425005000

Description

This Ocala, Florida warehouse offers a compelling value-add investment opportunity. The 13,282 square foot property sits on a 0.95-acre lot and is zoned M-1. The single-story building comprises nine units, currently 100% occupied under gross leases. Eight units measure 832 square feet each, featuring an office, restroom, and roll-up door, while a larger 6,626 square foot unit is currently leased to a dance school. Each of the smaller units has individual electric meters, and the building utilizes a shared water meter and septic system. The property enjoys a prime location in Northeast Ocala, near the 36th Avenue bridge, within a thriving industrial area. The current gross rents provide a strong income stream, with potential for future rent increases to market rates. This multi-tenant warehouse presents a solid investment prospect with significant upside potential. The property's address is 3650 NE 25th St, Ocala, FL 34470, and its APN is 2425-005-000. The asking price is $950,000.

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.2121
Longitude
-82.0854
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
$8,967
$57,904
$332,615
$390,519
-
$57,904
$373,575
$431,479

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