About 120 Nw 40th Avenue
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.
Features of 120 Nw 40th Avenue
| MLS® # | TB8466780 |
|---|---|
| Price | $6,200,000 |
| Square Footage | 30,828 |
| Acres | 1.68 |
| Year Built | 2003 |
| Type | Commercial Sale |
| Sub-Type | Hotel/Motel |
| Status | Active |
Community Information
| Address | 120 Nw 40th Avenue |
|---|---|
| Area | Ocala |
| Subdivision | WEST OCALA HEIGHTS |
| City | OCALA |
| County | Marion |
| State | FL |
| Zip Code | 34482-8710 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
Exterior
| Foundation | Slab |
|---|
Additional Information
| Date Listed | January 28th, 2026 |
|---|---|
| Days on Market | 219 |
| Zoning | B4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | IMPACT REALTY TAMPA BAY |
|---|