INNOVATE Real Estate
Retail at 530 NW 1ST AVE, OCALA
Retail at 530 NW 1ST AVE, OCALA, photo 2 of 4
Retail at 530 NW 1ST AVE, OCALA, photo 3 of 4
Retail at 530 NW 1ST AVE, OCALA, photo 4 of 4
4 photos

$2,900,000

530 NW 1ST AVE
OCALA, FL 34475
Listed by Lance Schenker · BILL RODGERS REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1955

About this home

This property is a large industrial warehouse office with a fenced yard, located on 2.45 acres in downtown Ocala. It was formerly a lumber yard and offers various possibilities for redevelopment. However, it's important to note that any redevelopment plans would require rezoning of the property. The site holds potential for different uses, such as office space, multi-family housing, or apartment development. Rezoning would be necessary to accommodate these new purposes. Depending on the location and other factors, the property may also qualify for opportunity zone benefits and City of Ocala Credits, which can provide certain incentives for investment and development. In addition to the potential for redevelopment, the property is also available for lease immediately, with a monthly rent of $5,500.

Property details

MLS #
MFROM618742
Property type
Retail
Subdivision
DUNNS CENTRAL ADD
Status
Active
Days on market
1888
On market date
April 20, 2021
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.45 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
MADISON STREET ACADEMY OF VISUAL AND PERFORMING ARTS
0.78 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
444
Student:teacher ratio
13.5:1
District
MARION
Middle
OSCEOLA MIDDLE SCHOOL
0.71 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
963
Student:teacher ratio
20.1:1
District
MARION
High
PACE CENTER FOR GIRLS INC.
0.15 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
42
Student:teacher ratio
14.0:1
District
MARION

Walkability

Blended score for OCALA's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
17.0 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks15
Schools20
Transit stops20
Pharmacies12

Market position

How this listing compares to current activity in OCALA, from live MLS data.

On the market 1888 days -- 1788 more days than OCALA's current average of 100 days.
For reference, the median list price across 4,625 active listings in OCALA right now is $250,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$17,614/mo
$580,000 down
$2,320,000 loan
Principal & interest$15,047
Property tax (est.)$2,417
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.