Commercial Sale · Mixed Use
94 SW FT KING, OCALA, FL, 34471
Active349 days on marketListed Aug 11, 2025MLS #OM707323
About this property
The property at a glance
In the heart of fast growing downtown Ocala for sale is this fully functioning 45 space parking lot. This parking lot is vital to the downtown area and provides a great location for visitors. Weekends, holidays and events bring parking challenges with the towns main garage even reaching full capacity. The parking equipment is currently leased and the buyer can continue the lease or have the equipment removed. The parking lot can be redeveloped into 12 Town homes, 20+ condos, Mixed-Use, Restaurant, Bar, Brewery, Spa Salon, Boutique Hotel, Event Venue and more if desired. The owner has designed the site for a future 24 unit apartment project but you could do whatever you want with the property. The Concept design is included with the sale. The seller has a recent survey available which also would be transferred with the sale along with an Environmental study indicating the site is clean. Across the street, 110 SW Fort King (vacant lot) is also for sale by the same owner. See MLS listing OM707230 The property value for this property will only increase with time as more nearby land gets redeveloped. The seller has a concept design and 3D images for the proposed design available.
0.1
Building sq ft
$22,000,000
Price / sq ft
0.29
Lot acres
2022
Year built
0
Buildings
Mixed Use
Property type
The numbers
Investment snapshot
5.2%
Cap rate
$115,000
Net operating income
Estimated payment (illustrative)
Estimated payment
$10,525/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
26,031
Population
$60,283
Median income
44.2
Median age
2.31
Avg household
$292,200
Median home value
$1,225/mo
Median rent
2,491
Households w/ kids
Recent sales
What actually sold near 94 SW FT KING
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$18,970
1925 SW 18TH COURT UNIT 103
Sold Jul 7, 2025
$390,000
1008 NE 2ND STREET
Sold Sep 10, 2024
$865,000
943 NW 17TH AVENUE
Sold Oct 17, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 94 SW FT KING — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 94 SW FT KING.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of OAKSTRAND REALTY · Ted Wukovich. MLS #OM707323.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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