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Presented by
The One Team |
Prime B-5 Heavy Business warehouse/shop property in the heart of Ocala, Marion County, Florida the Horse Capital of the World and home of the World Equestrian Center. The property is improved with an 8, 610 SF partial block and steel building situated on approximately 0. 86 acres, including approximately 2, 550 SF of showroom/retail space and 6, 060 SF of warehouse/shop space. The site offers more than 165 feet of frontage along N Pine Ave/US 301 with exposure to approximately 30, 500 AADT and is located just south of the signalized intersection of N Pine Ave/US 301 and NW 20th Street. Street-to-street access from N Pine Avenue to the rear provides added functionality for circulation, loading, and day-to-day operations.
The building offers open-span, climate-controlled interior space with two grade-level roll-up service doors estimated at approximately 10' x 12' in the warehouse/shop area and ceiling heights ranging from approximately 10 to 15 feet. The layout supports a wide range of users seeking showroom presence in the front with functional shop and warehouse space in the rear.
B-5 Heavy Business zoning allows for a broad range of uses including retail, wholesale, automotive and equipment service, motorcycle and auto sales, contractor shop space, roofers, warehouse users, and other heavy commercial and service-related operations. With strong frontage on US 301, flexible zoning, and practical building functionality, this property is well suited for owner-users and investors seeking visibility, access, and operational utility.
This central location benefits from strong connectivity to several major transportation corridors just south of the site, including US 27 approximately 0. 7 miles away, SR 40 approximately 2 miles away, and SR 200 approximately 2. 5 miles away. The property is also positioned within a diverse trade area offering convenient access to much of Marion County, including Downtown Ocala in approximately 5 minutes, Silver Springs in 15 minutes, Belleview in 15 minutes, and Reddick in 15 minutes.
Within a 15-minute drive time, the site benefits from a daytime population exceeding 150, 000, more than $14. 3 billion in consumer spending, over 74, 000 employees, a median age of 41. 2, and median household income of approximately $59, 000. Located within the Ocala MSA, Marion County continues to experience strong growth, with a population of more than 428, 000 residents and average annual growth of approximately 4%.
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$1,295,000
Sales Associates
William Raveis Real Estate
Phone: 860.850.0500
OneandCompany@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
| 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 | $889 | $889 | $889 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,128 | $6,295 | $8,742 |
| Total Monthly Payment | $7,142 | $7,309 | $9,756 |
* 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.