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120 NW 40TH AVENUE Ocala, FL $ 6,200,000
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$ 6,200,000 Get more info
120 NW 40TH AVENUE
$ 6,200,000
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120 NW 40TH AVENUE

Ocala, FL, 34482
$ 6,200,000
Bedrooms-- Baths-- Sq 30,828

Monthly Estimate*

$ 38,174

120 NW 40TH AVENUE, Ocala, FL 34482 - Image 1
120 NW 40TH AVENUE, Ocala, FL 34482 - Image 2
120 NW 40TH AVENUE, Ocala, FL 34482 - Image 3
120 NW 40TH AVENUE, Ocala, FL 34482 - Image 4
120 NW 40TH AVENUE, Ocala, FL 34482 - Image 5
120 NW 40TH AVENUE, Ocala, FL 34482 - Image 6
120 NW 40TH AVENUE, Ocala, FL 34482 - Image 7
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Commercial Property for sale in Ocala, FL

for $6,200,000. This 30,828 square foot building was built in 2003 on a lot size of 1.68.

Branded Flag Motel for Sale – Ocala, FL (I-75 Highway Location) Property Highlights: • Rooms: 64 • Parking: 90+ spaces • Annual Revenue: $1.7 million • PEEP: 0 • Existing Loan: $4.3 million • Appraisal Value: $6.5 million • Asking Price: $6.2 million Description: A highly desirable branded flag motel located directly off the busy I-75 highway in Ocala, offering excellent visibility and strong year-round traffic. This property boasts $1.6 million in annual revenue, spacious parking, and 0 PEEP, making it a secure and stable investment. With a recent appraisal of $6.5 million approx, the property is attractively priced at $6.2 million, providing immediate equity for qualified buyers. This is a rare opportunity to acquire a well-performing hospitality asset in a prime location with significant upside potential.

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Commercial Active

Price

$ 6,200,000

Property Type

Commercial

Taxes

$ 92,424

Style

Hotel/Motel

Lot Size

1.68

Year Built

2003

Town/City

Ocala

County/Region

Marion

MLS | Web ID

TB8466780
Features
General
Cooling Central Air
Zoning B4
Construction Materials Block Concrete Stucco
Year Built 2003
Property Subtype Hotel/Motel
Tax Year 2025
Ownership Corporation
County Marion
New Construction false
Property Type Commercial Sale
Subdivision Name WEST OCALA HEIGHTS
Status Active
Directions From National Parts Depot in Ocala take SW 38th Ave north turn left onto W Silver Springs Blvd (State Road 40) continue for about 1.5 to 2 miles then turn right onto NW 40th Ave — the destination 120 NW 40th Ave will be on your left.
City OCALA
MLS Area 34482 - Ocala
Lot Size Units Acres
Lot Size Square Feet 73181
Tax Annual Amount 92424
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8466780
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 12
Legal Description SEC 15 TWP 15 RGE 21 PLAT BOOK D PAGE 056 WEST OCALA HEIGHTS UNIT NO 1 A PT OF BLKS D. L BEING MORE PARTICULARLY DESC AS: COM AT THE SE COR OF BLK D TH N 20.75 FT TH W 25 FT TO THE POB TH CONT W 175 FT TH N 625.66 FT TH N 77-55-00 E 180.07 FT TH S 13 5.57 FT TH S 77-55-00 W 1.11 FT TH S 527.54 FT TO THE POB EXC THAT PT LYING NLY OF A LINE BEING MORE PARTICULARLY DESC AS: COM AT THE NE COR OF TRACT A OF FORTY WEST INDUSTRIAL PARK (W 92) TH N 80-56-53 E TO A PT ON THE ELY ROW LINE OF NW 38TH AVE S U BJ TO CR ESMT #3.0 W
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 1.68
Foundation Details Slab
Number of Buildings 1
Building Area Total 30828
Lot Size Acres 1.68
Road Surface Type Asphalt Paved
Waterfront Y/N false
Road Frontage Type Main Throrughfare State Road Turn Lanes
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* Excluded Features
List By
Impact Realty Tampa Bay

Broker

drsamsells@gmail.com

Email

Affordability Calculator

$45,876
Per Month
83%
17%
0%
Monthly Principal & Interest
$38,174
Monthly Property Taxes
$7,702
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/29/2026$6,200,000 Listed Price

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120 NW 40TH AVENUE, Ocala, FL, 34482 is a Commercial Property for sale at $6,200,000 with 30,828 sqft and a lot size of 1.68. 120 NW 40TH AVENUE was built in 2003. The property's zip code is 34482 which is in Ocala, FL

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