Improved Commercial Land for Sale in Ocala, Florida
120 NW 40th Ave, Ocala, FL 34482
Branded Flag Motel for Sale - Ocala, FL (I-75 Highway Location)
Property Highlights:
- Rooms: 64 o Parking: 90+ spaces o Annual Revenue: $1.7 million o PEEP: 0 o Existing Loan: $4.3 million o Appraisal Value: $6.5 million o 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.
Location
- Street address
- 120 NW 40th Ave
- County
- Marion County
- Community
- West Ocala Heights
- Elevation
- 58 feet
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.
Property details
- Acreage
- 1.68 acres
- Zoning
- B4
- MLS #
- MFRMLS TB8466780
- Posted
Property taxes
- 2025
- $92,424
Parcels
- 2281-004-000
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
Resources
Details and features
Listing
- Type
- Commercial Sale
Structure
- Cooling
- Central Air
- Materials
- Block, Concrete, Stucco
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 29, 2026 | New listing | $6,200,000 | — | MFRMLS |