To schedule a showing of 120 NW 40th Avenue, Ocala, Florida, Call David Shippey at 863-521-4517 TODAY!
$6,200,000 | N/A beds | N/A full baths | N/A half baths | 30,828 sqft
Ocala, FL 34482
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 30,828SqFt
- 2003Year Built
- 1.68Acres
- MLS# TB8466780
- Commercial
- HotelMotel
- Active
- Approx Time on Market5 months, 15 days
- Area34482 - Ocala
- CountyMarion
- Subdivision West Ocala Heights
Overview
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.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Building Info
Building Area Source: PublicRecords
Business Info
Buyer Compensation
Exterior Features
Financial
Original Price: $6,200,000
Garage / Parking
Green / Env Info
Interior Features
Lot Info
Direction Remarks: 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.
Lot Size Units: Acres
Lot Size Acres: 1.68
Lot Sqft: 73,181
Road Frontage Type: MainThoroughfare, StateRoad
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 15
Class Type: HotelMotel
Property Sub Type: HotelMotel
Construction Materials: Block, Concrete, Stucco
Foundation: Slab
Sqft Info
Sqft: 30,828
Bulding Area Sqft: 30,828
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,025
Tax Lot: 12
Tax 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
Tax Block: D
Tax Annual Amount: 92424
Tax Book Number: D-056WEST
Unit Info
Utilities / Hvac
Cool System: CentralAir
Cooling: Yes
Waterfront / Water
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.This listing courtesy of Impact Realty Tampa Bay
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MLS IDX data last updated on 07-14-2026 9:18 AM EST.
If you have any questions on 120 NW 40th Avenue, Ocala, Florida, please call David Shippey at 863-521-4517.
MLS# TB8466780 located at 120 NW 40th Avenue, Ocala, Florida is brought to you by David Shippey REALTOR®
120 NW 40th Avenue, Ocala, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 120 NW 40th Avenue, Ocala, Florida is TB8466780.
The price for 120 NW 40th Avenue, Ocala, Florida is $6,200,000.
The status of 120 NW 40th Avenue, Ocala, Florida is Active.
The subdivision of 120 NW 40th Avenue, Ocala, Florida is West Ocala Heights.
The home located at 120 NW 40th Avenue, Ocala, Florida was built in 2026.