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206 NE 9TH STREET, Ocala, FL, 34470 | $2,490,000
7. 65 commercial acre Metal Scrapyard located next to Ocala's Tuscawilla Park and the City's Performing Arts Theater. Seldom does a property of this size become available for purchase in the downtown Ocala area. Total tax and square footage has been calculated for both parcels and all buildings combined. The property features five buildings: 16, 047sf warehouse (1945), 5, 950sf warehouse (2013), 2, 216sf warehouse (1959), 1, 056sf office (1955) and a 600sf office (1945). The current zoning is M-2 (Medium Industrial) with Low Intensity Land Use. CSX rail borders the property's eastern boundary.
From the mid 1980's until several years ago, the property operated as "Svinga Brothers", a scrap-metal and recycling operation.
Current deed restrictions provide for industrial purposes only on the southern 3. 12 acre parcel (26104-000-00). This entire parcel is sealed and covered with an 8" concrete pad as a result of the parcel's use from 1890's and 1950's as a manufactured gas plant, which deposited coal tar sludge into an onsite pit on the southern parcel. Environmental history and contacts are available.
The property is located within the City of Ocala's North Magnolia CRA (Community Redevelopment Area) and is eligible for significant tax incentive and improvement funds.
Highlights:
Five Buildings (25, 869sf Total)
Historic Ocala 7. 65 Commercial Acres
Overlooking Beautiful Tuscawilla Park and Performing Arts Theater
7. 65 Acres
Industrial Zoning
Features
- Property Type: Industrial
- Construction: Metal Frame
- Cooling: A/C - Office Only
- Year Built: 1955
- Acreage: 7.65
- Est. Taxes: $15,774
- MLS#: OM708163
- Days on Market: 129 days
- Website: https://www.raveis.com
/prop/OM708163/206ne9thstreet_ocala_fl?source=qrflyer
Listing courtesy of SVN MCDONALD & COMPANY Phone: 352-274-3800
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
206 NE 9TH STREET, Ocala, FL, 34470
$2,490,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,992,000 | $1,992,000 | $1,992,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.235% | 6.164% |
| Monthly Tax Payment | $1,315 | $1,315 | $1,315 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,783 | $12,104 | $16,810 |
| Total Monthly Payment | $13,222 | $13,543 | $18,249 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388