$6,200,000
120 NW 40th Avenue Ocala, FL 34482
For Sale MLS# TB8466780
30,828 sq ft Commercial
Details for 120 NW 40th Avenue
MLS# TB8466780
Description for 120 NW 40th Avenue, Ocala, FL, 34482
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.
Listing Information
Property Type: Commercial, Hotel/Motel
Status: Active
Lot Size: 1.68 Acres
Square Feet: 30,828 sq ft
Year Built: 2003
Construction: Block,Concrete,Stucco
Subdivision: West Ocala Heights
Foundation: Slab
County: Marion
Utilities
Cooling: Central Air
Driving Directions
From National Parts Depot in Ocala, take SW 38th Ave north, turn left onto W Silver Springs Blvd (State Road 40), continue for about 1.5 to 2 miles, then turn right onto NW 40th Ave — the destination, 120 NW 40th Ave, will be on your left.
Financial Considerations
Tax/Property ID: 2281-004-000
Tax Amount: 92424
Tax Year: 2025
A broker reciprocity listing courtesy: IMPACT REALTY TAMPA BAY
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 120 NW 40th Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 120 NW 40th Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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