Here is your opportunity to acquire a 9-unit neighborhood shopping center located along the highly trafficked corridor. Offered at a price well below replacement price cost and highly competitive for the Ocala market, this property allows investors to secure a retail center at an attractive basis with built-in value-add potential. The property is strategically positioned in a dense and growing residential area, providing consistent tenant demand and strong visibility. All existing tenants are currently below market rents, presenting a clear path to increased revenue through lease renewals and repositioning.
Financial Considerations
Price:
$2,400,000
HOA Fee:
N/A
Tax Amount:
$31004.25
Price per SqFt:
$123.61
Tax Legal Description:
SEC 16 TWP 16 RGE 23 PLAT BOOK J PAGE 232 SILVER SPRINGS SHORES UNIT 15 REPLAT BLK 197 LOT 2