$4,250,000
SOLD SEP 12, 2024
4.59 Acres
$925,926 Price per Acre
199,940 Sq Ft Lot

Recently Sold

6% Below List Price

About This Lot

As of September 2024

Prime Commercial Property in Ocala’s Thriving Corridor

Seize the opportunity to position your business in one of Ocala's most sought-after locations, right off College Road/Highway 200. This exceptional commercial property offers direct exit access from I-75, placing you in a strategic spot for high visibility and ease of access.

Nestled among notable neighbors such as Cheddar's Scratch Kitchen and Wawa, your business is set to benefit from the heavy foot traffic and the bustling atmosphere of this vibrant area. The property boasts expansive space, adaptable to a wide range of commercial ventures, whether you're looking to open a retail store, a specialty restaurant, or a corporate office.

Features include a prime location with direct I-75 exit access, high traffic area alongside popular dining and retail establishments, and versatile space suitable for a variety of business types. Ample parking is available to accommodate your customers and staff, enhancing convenience and accessibility. Additionally, the property's proximity to residential areas boosts its potential customer base.

Don’t miss out on this rare opportunity to establish your presence in a dynamic commercial district, where your business will flourish amidst the thriving economy of Ocala, Florida. Contact us today to schedule a viewing and take the first step towards elevating your business to new heights.

Last Agent to Sell the Property

TaMara York

ENGEL & VOLKERS OCALA License #3428825 Listed on: 04/19/2024

ENGEL & VOLKERS OCALA

Last Buyer's Agent

Zoe Yao

YANG REALTY INC License #3105509

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,802

Lot Details

  • 4.59 Acre Lot
  • Lot Dimensions are 359x592
  • East Facing Home
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned B4

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23896-002-03
  • Tax Block 002

Property Details

Property Type

Land

Est. Annual Taxes

$18,802

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 4.59
  • Lot Size Sq Ft: 199940
  • Number Of Lots: 2
  • Directions to Property: Head SW from I-75. Property will be on the right-hand side of HWY 200/College Rd. right past WaWa and Cheddars.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 579178061
  • RATIO Current Price By Calculate: 21.26
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4505

Exterior Features

  • Direction Faces: East
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 925926

Utilities

  • Utilities: BB/HS Internet Capable, Cable Available, Electrical Nearby, Sewer Nearby, Street Lights, Telephone Nearby, Water Nearby
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: B4
  • Parcel Number: 23896-002-03
  • Additional Parcels Description: 23896-000-00
  • Additional Parcels: Yes
  • Current Use: Commercial
  • Lot Dimensions: 359x592
  • Flood Zone Code: x
  • Lot Size Square Meters: 18575

Tax Info

  • Tax Annual Amount: 18801.97
  • Tax Block: 002
  • Tax Book Number: 4149/0374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Sep 12, 2024
Sold by
Sullivan Arthur and Sullivan Melissa
Bought by
Xie Property Ocala Llc
Seller's Agent
TaMara York
ENGEL & VOLKERS OCALA
Buyer's Agent
Zoe Yao
YANG REALTY INC
List Price
$4,500,000
Sold Price
$4,250,000
Premium/Discount to List
-$250,000
-5.56%
Views
3
Current Estimated Value
$2,772,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,477,756

Purchase Details

Closed on
Aug 19, 2005
Sold by
Layden James R and Layden Carol G
Bought by
Sullivan Arthur and Sullivan Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,000
Interest Rate
5.61%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Warranty Deed $1,515,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,312,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $4,250,000 -5.6% --
04/19/2024 04/19/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $4,500,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $18,698 $1,184,830 $1,184,830 $0
2022 $18,802 $1,184,830 $1,184,830 $0
2021 $19,460 $1,184,830 $1,184,830 $0
2020 $19,612 $1,184,830 $1,184,830 $0
2019 $19,825 $1,184,830 $1,184,830 $0
2018 $19,080 $1,184,830 $1,184,830 $0
2017 $19,137 $1,184,830 $1,184,830 $0
2016 $19,069 $1,144,911 $0 $0
2015 $18,536 $1,040,828 $0 $0
2014 $16,713 $946,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM677148

Stellar MLS

APN: 23896-002-03