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 PROPERTY 120 40th Avenue, OCALA, FL 34482, MLS#TB8466780 - Commercial Sale
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Hardeep Kumar Yh

HR Moon Homes
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  4. 120 40th Avenue, OCALA, FL 34482
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120 40th Avenue
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PRICED AT ONLY: $6,200,000

Address: 120 40th Avenue, OCALA, FL 34482

Description

Branded Flag Motel for Sale Ocala, FL (I 75 Highway Location) Property Highlights: Rooms: 64 Parking: 90+ spaces Annual Revenue: $1.7 million PEEP: 0 Existing Loan: $4.3 million Appraisal Value: $6.5 million Asking Price: $6.2 million Description: A highly desirable branded flag motel located directly off the busy I 75 highway in Ocala, offering excellent visibility and strong year round traffic. This property boasts $1.6 million in annual revenue, spacious parking, and 0 PEEP, making it a secure and stable investment. With a recent appraisal of $6.5 million approx, the property is attractively priced at $6.2 million, providing immediate equity for qualified buyers. This is a rare opportunity to acquire a well performing hospitality asset in a prime location with significant upside potential.

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  • MLS#: TB8466780 ( Commercial Sale )
  • Street Address: 120 40th Avenue
  • Viewed: 34
  • Price: $6,200,000
  • Price sqft: $201
  • Waterfront: No
  • Year Built: 2003
  • Bldg sqft: 30828
  • Days On Market: 79
  • Acreage: 1.68 acres

Description

Branded Flag Motel for Sale Ocala, FL (I 75 Highway Location) Property Highlights: Rooms: 64 Parking: 90+ spaces Annual Revenue: $1.7 million PEEP: 0 Existing Loan: $4.3 million Appraisal Value: $6.5 million Asking Price: $6.2 million Description: A highly desirable branded flag motel located directly off the busy I 75 highway in Ocala, offering excellent visibility and strong year round traffic. This property boasts $1.6 million in annual revenue, spacious parking, and 0 PEEP, making it a secure and stable investment. With a recent appraisal of $6.5 million approx, the property is attractively priced at $6.2 million, providing immediate equity for qualified buyers. This is a rare opportunity to acquire a well performing hospitality asset in a prime location with significant upside potential.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 30828.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: Main Throrughfare, State Road, Turn Lanes
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Legal Description: SEC 15 TWP 15 RGE 21 PLAT BOOK D PAGE 056 WEST OCALA HEIGHTS UNIT NO 1 A PT OF BLKS D. L BEING MORE PARTICULARLY DESC AS: COM AT THE SE COR OF BLK D TH N 20.75 FT TH W 25 FT TO THE POB TH CONT W 175 FT TH N 625.66 FT TH N 77-55-00 E 180.07 FT TH S 13 5.57 FT TH S 77-55-00 W 1.11 FT TH S 527.54 FT TO THE POB EXC THAT PT LYING NLY OF A LINE BEING MORE PARTICULARLY DESC AS: COM AT THE NE COR OF TRACT A OF FORTY WEST INDUSTRIAL PARK (W 92) TH N 80-56-53 E TO A PT ON THE ELY ROW LINE OF NW 38TH AVE S U BJ TO CR ESMT #3.0 W
  • Area Major: 34482 - Ocala
  • Parcel Number: 2281-004-000
  • Views: 34
  • Zoning Code: B4
Nearby Subdivisions
Jo Mar Airport Indust Cent   Neighborhood 9919   West Ocala Heights  
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Details for 3755 44th Avenue, OCALA, FL 34482
$7,218,000.00 ($3,398.31 / sqft )

3755 44th Avenue Virtual Tour More Like This

Prime Commercial Land for Sale! This excellent property boasts a prime location with convenient access from both the North and South via NW 44th Avenue. B 5 Zoning allows for a variety of business t

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  1. Approx. 2124 sqft
  2. Approx. 12.03 acres
  1. MLSID: OM686913
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