Search Description Details Neighborhood
Main
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Active Commercial

120 NW 40TH AVENUE

Ocala, FL 34482

STELLAR #TB8466780 Updated: Feb 26, 2026, 1:38pm
$6,200,000
0 Beds • 0 Baths • 30,828 SqFt
Property
ActiveCommercial
1/7
$6,200,000

120 NW 40TH AVENUE

Ocala, FL 34482
0
Beds
0
Baths
30,828
SqFt
1.68
Acres
STELLAR
#TB8466780
Updated: Feb 26, 2026, 1:38pm

Property Description

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.
Launch 3D Virtual Tour
Opens in a new window

Property Details

Interior
Building Area Total
30828
Cooling
Central Air
Living Area
30828
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockConcreteStucco
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Year Built
2003
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
1.68
Lot Size Area
1.68
Lot Size Square Feet
73181
Lot Size Units
Acres
Public Survey Range
21
Public Survey Section
15
Road Frontage Type
Main ThrorughfareState RoadTurn Lanes
Road Surface Type
AsphaltPaved
Total Acreage
1 to less than 2
Zoning
B4
Financials
Calculated List Price By Calculated Sq Ft
201.12
Contract Status Change Date
2026-01-28
Current Price
6200000
Feed Types
BBO
Ownership
Corporation
Parcel Number
2281004000
Public Survey Township
15
Tax Annual Amount
92424
Tax Block
D
Tax Book Number
D-056WEST
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 Lot
12
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34482 - Ocala
Subdivision Name
WEST OCALA HEIGHTS
Listing provided courtesy of STELLAR via IDX. Updated: Feb 26, 2026, 1:38pm.
Saurabh Patel

Listing Agent

IMPACT REALTY TAMPA BAY

Call Agent
Call