2416 SE 58th Ave - Retail FOR SALE
Ocala, FL 34480 |
$5,000,000 USD
866-889-0550
2416 SE 58th Ave
Ocala, FL 34480
HIGHLIGHTS
- Located in Florida, one of the few states with no state income tax, offering investors potential tax savings and increased net returns.
- Current rental rates are below market, offering a strong opportunity for rent growth and increased cash flow as leases renew.
- Ocala’s booming economy, growing population, and demand for retail space position this asset within a thriving market.
- Value-Add with Current Occupancy – The property’s current occupancy allows for income growth through lease-up and proactive management.
- Prime Outparcel Development Opportunity – The property includes an outparcel ready for development, offering additional income potential
FOR SALE DETAILS
PRICE
$5,000,000 USD
PRICE/SF
$123 USD /SF
CAP RATE
7.27%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Baseline Plaza
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
29697-017-01
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866-889-0550
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866-889-0550
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