# 120 NW 40TH Avenue, Ocala, FL 34482 > **TL;DR:** commercial, $6,200,000 ($201/sqft), built 2003, 30,828 sqft. > A/C. Est. $33,159/mo. Listed 222 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $6,200,000 | | Price/sqft | $201 | | Square Feet | 30,828 | | Year Built | 2003 | | Lot Size | 73,181 sqft (1.68 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 222 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $31,351 | | Estimated Insurance | $1,808 | | **Total** | **$33,159** | ## Key Amenities - A/C ## Property Highlights - Built in 2003 - 1.68 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 120 NW 40TH Avenue, Ocala, FL 34482 - **County:** Marion - **Neighborhood:** WEST OCALA HEIGHTS - **Coordinates:** 29.187091, -82.189508 - **Google Maps:** https://www.google.com/maps?q=29.187091,-82.189508 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/stellar/TB8466780 ## Listing Agent - **Name:** Saurabh Patel - **Brokerage:** Impact Realty Tampa Bay - **Phone:** 7282186492 - **Broker Phone:** (813) 321-1500 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/MFRMLSFL/TB8466780/?channel=propsimple) ## Photos ![120 NW 40TH Avenue - Photo 1](http://lh.rdcpix.com/b3e7bcdba1167816417d8d171c35459el-f1320957647r.jpg) ![120 NW 40TH Avenue - Photo 2](http://lh.rdcpix.com/b3e7bcdba1167816417d8d171c35459el-f3725318954r.jpg) ![120 NW 40TH Avenue - Photo 3](http://lh.rdcpix.com/b3e7bcdba1167816417d8d171c35459el-f2268241304r.jpg) ![120 NW 40TH Avenue - Photo 4](http://lh.rdcpix.com/b3e7bcdba1167816417d8d171c35459el-f3706135519r.jpg) ![120 NW 40TH Avenue - Photo 5](http://lh.rdcpix.com/b3e7bcdba1167816417d8d171c35459el-f3368227079r.jpg) ![120 NW 40TH Avenue - Photo 6](http://lh.rdcpix.com/b3e7bcdba1167816417d8d171c35459el-f725275973r.jpg) ![120 NW 40TH Avenue - Photo 7](http://lh.rdcpix.com/b3e7bcdba1167816417d8d171c35459el-f1145243850r.jpg) --- **MLS#:** TB8466780 | **Updated:** 2026-08-25 **Source:** listhub *Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/120-nw-40th-avenue-ocala-fl-34482-b8466780) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/120-nw-40th-avenue-ocala-fl-34482-b8466780#listing", "url": "https://www.propertysimple.ai/listing/120-nw-40th-avenue-ocala-fl-34482-b8466780", "name": "120 NW 40TH Avenue, Ocala, FL 34482", "description": "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. 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