$1,450,000
$1,425,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
7175 S Pine Ave All Units AVE Ocala, FL 34480
2,269 SqFt
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,269 sqft
Price per Sqft $639
Subdivision Acrg Nonsub
MLS Listing ID OM544116
Sold Date 10/28/22
HOA Y/N No
Originating Board Ocala – Marion
Year Built 1996
Annual Tax Amount $14,758
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 425.0 ft x 220.0 ft
Property Description
Tri City Business Park is located along US Hwy 441 between Ocala and Belleview just north of the Sheriffs Sub Station. There are 14 units each with a 10'x10' truck door at grade. Building is 22,690sf, sits on 2.15 acres and is zoned B5. Marion County Parcel ID 36463-000-00. AADT 32,500 cars per day (FDOT 2018). Building was built in 1996 and has ~69 striped parking spaces. Current occupancy at 85%, producing Net Operating Income of $115,000/year.
Location
State FL
County Marion
Community Acrg Nonsub
Zoning B-5 Heavy Business
Interior
Heating Other
Furnishings Unfurnished
Fireplace false
Exterior
Exterior Feature Other
Garage Other
Attached Garage false
Garage false
Building
Lot Description In County, Paved
Story 1
Entry Level One
Lot Size Range 2 to less than 5
Sewer Other
Structure Type Block, Concrete, Stucco
New Construction false
Others
Special Listing Condition None
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Bought with NAI HERITAGE, LLC