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184 Marion Oaks Boulevard, ...

Updated Oct 28, 2024

Bilt advertisement
Acorn Realty Sells Retail Property In Ocala For $4.6M
SOLDRetail

Acorn Realty Sells Retail Property In Ocala For $4.6M

184 Marion Oaks Boulevard, Ocala, Florida 34473, United States

$4,575,000

$80/SF

Building Size

56,877 SF

Asset Type

Retail

Closing

Jun 27, 2022

About this deal

AI

The retail property located at 184 Marion Oaks Blvd in Ocala has been sold for $4,575,000. The property spans across 56,877 square feet, resulting in a price per square foot of $80.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,575,000
  • Square Footage: 56,877
  • Price per Square Foot: $80
  • Market: Ocala

The seller of the property was Acorn Realty, while the broker representing both parties in the deal was Michael Cleeman from Cleeman Realty Group.

The retail sale at 184 Marion Oaks Boulevard, Ocala, Florida 34473, United States in Ocala, Florida sold for $4.6M in 2022. The building is 56,877 square feet, implying about 80 per square foot on the published price. Michael Cleeman, Cleeman Realty Group appear on the sale alongside Cleeman Realty Group. This page is the Ocala, Florida file for the 184 Marion Oaks Boulevard, Ocala, Florida 34473, United States retail sold: pricing, party profiles, and other closed retail comps from the same Ocala sit in the Market section below. Filter that Ocala retail set by closing date to see what else sold near 184 Marion Oaks Boulevard, Ocala, Florida 34473, United States around 2022. Published consideration for 184 Marion Oaks Boulevard, Ocala, Florida 34473, United States is $4.6M, dated 2022. Cite this Acorn Realty Sells Retail Property In Ocala For $4.6M sale when underwriting similar retail product around Ocala, Florida.

Players

Michael Cleeman

Cleeman Realty Group

Broker

$185.6M

vol

19 deals

Broker

Ocala Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $80 per square foot on a published $4.6M for 56,877 square feet (2022).

Visit Michael Cleeman to view all their deals.

Browse Florida retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.47%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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