Building Size | 52,836 Square Feet |
Land Size | 5.95 Acres |
Zoning | O1 |
Parking | 3.35 spaces / 1000sf. |
Water | City of Ocala |
Sewer | City of Ocala |
Electric | Ocala Electric Utility |
Year Built | 1989 |
Construction | Stud Frame Wood / Metal |
Roof | Asphalt Shingle |
FOR SALE: Well located income producing office complex with $350K NOI / 7% Cap in place with upside. Laurel Run Professional Park is located along busy SE 17th Street with AADT of 30,500 (FDOT 2022) cars per day. Property is close to other office parks and only 1.5miles to the hospitals. New roofs, recently painted, new parking asphalt overlay, many interior remodels, updated landscaping, and signage. Property is zoned O1 and is on 5.95 acres surrounded by Heritage Oaks. The 9 building complex has a parking ratio of 3.35 parking spaces / 1000sf and currently configured as 10% medical and 90% office. Marion County parcel ID 2863-800-000 is in the name of a silent association wholly controlled by the owner who owns all 9 separate building parcels. A well manicured and largely shaded and beautiful office completx. Buyer responsible for buyer-side commission.
Offering Memorandum available upon signed Confidentiality Agreement and Buyer/broker registration agreement.
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.