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3767 NW Blitchton Road

Ocala, FL 34475
  • $4,800,000
  • STATUS: Active
  • ON SITE: 372 Days
  • MLS #: 807395
Price Reduced
UPDATED: 21 min ago
$4,800,000
  • 0
    BEDS
  • 2.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1974
County:
Area:
28

School Ratings & Info

Description

Take advantage of this prime redevelopment opportunity centered at the growth of Marion County! The subject property is a two-story, double-row, exterior-corridor motel. The motel is comprised of (115) rooms with a manager's apartment, (94) regular rooms in (20 rooms currently unavailable), (5) double-room 2-bath suites, (1) jacuzzi suite, and (15) rooms that are not leasable at this time. The location is situated on 2.66 acres with zoning of B2 (community business) and at the northeast corner of Interstate 75 and Blitchton Road (27). Within a couple of miles from this investment property is the distribution HUB for Amazon, FedEx, Chewy and AutoZone Distribution Centers. Shands Teaching Hospital & Clinics from UF Health will begin construction on a 261,000 SF Neighborhood Hospital Complex on the 28 acres surrounding the subject property to meet the needs of residents in the Marion County area. This asset is also located 6.7 miles from the newly developed World Equestrian Center, 5.5 miles from greater Ocala Highway 200 retail corridor, and only 4 miles from downtown Ocala. Housing data provides strong opportunity for the redevelopment of Multi Family Workforce Housing and ALF. Traffic highlights include a steady report of 78,000 from I-75 and 21,000 from Blitchton Road! Expanding communities such as On Top of the World and The Villages are within 30 miles from this 64,000+ SF deal. Contact us today to jump on this offer!

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© 2022 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2022-12-09T12:54:37.067. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
www.plantationrealtylistings.com/homes/123663769
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3767 NW Blitchton Road Ocala, FL 34475

  • Price: $4,800,000
  • Status: Active
  • On Site: 372 Days
  • Updated: 21 min ago
  • MLS #: 807395
0
Beds
0
Baths
0
½ Baths
2.66
Acres
1974
Built
Neighborhood:
Not On List
County:
Marion
Area:
28
Property Description
Take advantage of this prime redevelopment opportunity centered at the growth of Marion County! The subject property is a two-story, double-row, exterior-corridor motel. The motel is comprised of (115) rooms with a manager's apartment, (94) regular rooms in (20 rooms currently unavailable), (5) double-room 2-bath suites, (1) jacuzzi suite, and (15) rooms that are not leasable at this time. The location is situated on 2.66 acres with zoning of B2 (community business) and at the northeast corner of Interstate 75 and Blitchton Road (27). Within a couple of miles from this investment property is the distribution HUB for Amazon, FedEx, Chewy and AutoZone Distribution Centers. Shands Teaching Hospital & Clinics from UF Health will begin construction on a 261,000 SF Neighborhood Hospital Complex on the 28 acres surrounding the subject property to meet the needs of residents in the Marion County area. This asset is also located 6.7 miles from the newly developed World Equestrian Center, 5.5 miles from greater Ocala Highway 200 retail corridor, and only 4 miles from downtown Ocala. Housing data provides strong opportunity for the redevelopment of Multi Family Workforce Housing and ALF. Traffic highlights include a steady report of 78,000 from I-75 and 21,000 from Blitchton Road! Expanding communities such as On Top of the World and The Villages are within 30 miles from this 64,000+ SF deal. Contact us today to jump on this offer!
Exterior Features

Construction Materials Stucco Foundation Details Block Lot Features Flat Lot Size Square Feet 115870 Parking Features Parkingspaces Parking Total 100 Road Frontage Type Stateroad Roof Flat Waterfront YN No

Interior Features

Building Area Total 64357 Cooling CentralairWallwindowunits Cooling YN Yes Flooring CarpetCeramictile Heating Wallfurnace Heating YN Yes Interior Features Highceilings Levels Two

Property Features

Association YN No Business Type HotelmotelHospitality Community Features Communitypool Current Use Hotelmotel Electric Item200AmpService Lease Considered YN False Listing Terms CashConventionalOwnermaycarry Possession Closing Property Sub Type Hotelmotel Sewer Publicsewer Special Listing Conditions Standard Tax Annual Amount 27606 Tax Year 2020 Water Source Public Zoning Out Of County

Listing information © 2022 Citrus County Association of Realtors
Listing provided courtesy of Elias G Kirallah of Century 21 J.W.Morton R.E.: (352) 726-6668



© 2022 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2022-12-09T12:54:37.067. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
 
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Plantation Realty Inc.
1250 North Country Club Drive
Crystal River FL, 34429