$2,200,000
94 SW Ft King Ocala, FL 34471
For Sale MLS# OM707323
Commercial
Details for 94 SW Ft King
MLS# OM707323
Description for 94 SW Ft King, Ocala, FL, 34471
In the heart of fast growing downtown Ocala for sale is this fully functioning 45 space parking lot. This parking lot is vital to the downtown area and provides a great location for visitors. Weekends, holidays and events bring parking challenges with the towns main garage even reaching full capacity. The parking equipment is currently leased and the buyer can continue the lease or have the equipment removed. The parking lot can be redeveloped into 12 Town homes, 20+ condos, Mixed-Use, Restaurant, Bar, Brewery, Spa Salon, Boutique Hotel, Event Venue and more if desired. The owner has designed the site for a future 24 unit apartment project but you could do whatever you want with the property. The Concept design is included with the sale. The seller has a recent survey available which also would be transferred with the sale along with an Environmental study indicating the site is clean. Across the street, 110 SW Fort King (vacant lot) is also for sale by the same owner. See MLS listing OM707230 The property value for this property will only increase with time as more nearby land gets redeveloped. The seller has a concept design and 3D images for the proposed design available.
Listing Information
Property Type: Commercial, Mixed Use
Status: Active
Lot Size: 0.29 Acres
Year Built: 2022
Construction: Other
Foundation: Other
County: Marion
Exterior / Lot Features
Parking Description: Parking Space(s)
Driving Directions
Take Hwy 75 and exit Hwy 40 east, Continue on Hwy-40 to Downtown Ocala 7 min, Turn right onto SW 1st Ave, Destination will be on the left after two blocks
Financial Considerations
Terms: Cash,Conventional,FHA
Tax/Property ID: 2853-047-003
Tax Amount: 5672
Tax Year: 2024
A broker reciprocity listing courtesy: OAKSTRAND REALTY
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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 94 SW Ft King
Sales History
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Tax Summary
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Schools
Schools nearby 94 SW Ft King
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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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