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1221 N Magnolia Avenue, Ocala, FL 34475
$1,405,000
1221 N Magnolia Avenue, Ocala, FL 34475View this property at 1221 N Magnolia Avenue, Ocala, FL 34475
1221 N Magnolia AvenueOcalaFL34475
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Property Description
Industrial building for sale. 10,000 SF Industrial building on N Magnolia Ave. Freestanding single user flex industrial building comprised of approximately 250 SF of office with the remainder warehouse. Warehouse has 8 grade level roll up doors with drive in capability. Located in the N Magnolia Business district and less than a mile from SR 40, US 441/301, US 27, and downtown Ocala. Property is leased on a 5 year term with 4 years remaining with personal guarantees on the lease.
Full Property Details
Full Property Details for 1221 N Magnolia Ave
General
- Sold For: $1,405,000
- Taxes: $1,005 (2022)
- Status: Closed
- Type: Industrial
- MLS ID: OM666805
- Added to Site: 206 day(s) ago
Location
- Area: 34475 - Ocala
- County: Marion
- Development Name: 34475 - Ocala
- Subdivision: FLORIDA CENTRAL LAND COS
- Driving Directions: From Ocala take NE 1st Ave to N Magnolia Cross over Bonnie Heath and the property will be on the right.
Community
- Community Name: 34475 - Ocala
Heating & Cooling
- Cooling Type: A/C - Office Only
Structural Information
- # Buildings: 1
- Exterior Const.: Metal Frame, Metal Siding
- Square Feet: 10,000
- Sq. Ft. Source: Public Records
- Living Area: 10,000 Sq. Ft.
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.79
- Lot Size (Sq. Ft.): 34,412.4
- Lot Size: 34412.4
- Lot Dimensions: 200 x 118
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $1,005.75
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: SEC 08 TWP 15 RGE 22 PLAT BOOK A PAGE 162 BLK 3 LOTS 3.4.5.6.7.8 SUB OF BLKS 3.4 ALLREDS SURVEY EXC COM NW COR OF SW 1/4 TH S 00-16-38 W 592.71 FT TH N 89-57-38 E 20 FT TO POB TH N 00-16-38 E 118 FT TH N 89-57-40 E 35 FT TH S 45-07-09 W 35.45 FT TH S 00-16-38 W 93 FT TH S 89-57-38 W 10 FT TO POB
- Flood Zone Info: X
- APN: 2630300000
- Property ID: 2630300000
- Block/Lot/Section: 3
Listed by Gus Galloway Realty Inc
Sold by Stellar Non-Member Office
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Schools
Schools serving 1221 N Magnolia Ave
School District:Marion County School District
Rating | Name | Grades | Distance |
---|---|---|---|
511 Ne 12th Ave, Ocala, FL 34470 | PK-5 | 0.9 mi | |
545 Ne 17th Ave, Ocala, FL 34470 | 6-8 | 1.4 mi | |
7 Nw 28th St, Ocala, FL 34475 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1221 N Magnolia Ave
Date
Details
Price
Change
Source
12/29/2023
Sold
$1,405,000
-12.19%
MLS
10/23/2023
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1221 N Magnolia Avenue, Ocala, FL 34475 (MLS# OM666805) is a Industrial property that was sold at $1,405,000 on December 29, 2023. Want to learn more about 1221 N Magnolia Avenue? Do you have questions about finding other Industrial real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.