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This Industrial Property is no longer advertised on LoopNet.com.

1203 SW 12th St
Ocala, FL 34471

Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • 78% occupied with an average rent of $14.97 PSF. One lease is month to month with a 30-day termination notice providing value add opportunity
  • Owner pays sewer and water, though each unit has a separate water meter and this expense could be passed on to the tenants.
  • 1.84 acres zoned M-1 (light industrial) which allows for outdoor storage in the approximately 0.87 +/- acres of grassy area.
  • New owner could increase rents and add NNN fees or occupy part of the building and benefit from the remaining tenant leases
  • Six units range in size from 1,250 to 2,500 SF, which are typically easier to lease. New roof 2019. 3 Phase Power; 400 Amp/240v.
  • DO NOT CONTACT TENANTS

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • Flex Showroom
Building Class C
Lot Size 1.84 AC
Rentable Building Area 17,407 SF
No. Stories 1
Year Built 1984
Parking Ratio 2.18/1,000 SF
Clear Ceiling Height 13’
No. Drive In / Grade-Level Doors 6

AMENITIES

  • Monument Signage
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas
  • Water - City
  • Sewer - City
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28524-001-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$744,583

ZONING

Zoning Code M1 (Light industrial wholesale dist., whse stg, R&D, showroom sales, light mfg of finished products, business services, office, prof. svcs & vehicle svcs.)
M1 (Light industrial wholesale dist., whse stg, R&D, showroom sales, light mfg of finished products, business services, office, prof. svcs & vehicle svcs.)
  • Listing ID: 31952881

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 1203 SW 12th St, Ocala, FL 34471

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