3970 3Rd StOcala, FL 34474

  • Other commercial real estate
  • 65,194 SF
For Sale

Property Details for 3970 3Rd St

Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
8.17 AC
Property size (Sq ft)
65,194 SF
Zone code
B4
Property type
Other commercial real estate
APN
22866-000-00
APU
2286600000

Description

This exceptional 8.17-acre commercial property, located at 3970 SW 3rd St in Ocala, Florida, presents a significant investment opportunity. The property boasts a substantial 66,220-square-foot retail building, ideally situated for maximum visibility and accessibility. Its strategic location offers convenient access from the I-75 and SR 40 interchange, ensuring high traffic volume and excellent exposure to potential customers. The property benefits from its proximity to established businesses, including Northern Tool, further enhancing its desirability and potential for success. The site is zoned B-4 by the City of Ocala, providing flexibility for a variety of retail uses. This expansive property offers a rare combination of size, location, and zoning, making it an attractive proposition for investors seeking a high-impact retail investment in a thriving Florida market. The 34474 zip code ensures a strong local customer base, and the property's size and zoning allow for significant expansion or redevelopment potential. The existing building provides immediate income potential, while the ample land offers opportunities for future growth and development. This is a truly exceptional opportunity to acquire a prime retail property in a high-growth area. The property's high visibility from I-75 and convenient access make it an ideal location for a variety of retail businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,979,316
    Hospitality
    $13,720,973
    Educational
    $11,415,688
    Medical
    $11,808,291
    Retail
    $17,757,738
3970 3Rd St, Ocala, Florida

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.1838
Longitude
-82.187
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
$91,721
$2,135,310
$2,127,724
$4,263,034
-
$2,135,310
$2,127,724
$4,263,034

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