# 120 NW 40TH AVENUE, OCALA, FL 34482

> **TL;DR:** commercial, $6,200,000 ($201/sqft), built 2003, 30,828 sqft. Est. $26,867/mo. Listed 72 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 | For Sale |
| Days on Market | 72 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $26,867 |
| **Total** | **$26,867** |

## 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

## Listing Agent

- **Name:** Saurabh Patel
- **Brokerage:** IMPACT REALTY TAMPA BAY
- **Phone:** 7282186492
- **Email:** drsamsells@gmail.com

## Primary Photo

![120 NW 40TH AVENUE - Primary Photo](http://lh.rdcpix.com/81041e084428e845c2457411706d89bcl-f1320957647r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/120-nw-40th-avenue-ocala-fl-34482-b8466780)*

---

**MLS#:** TB8466780 | **Updated:** 2026-04-24
**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.com/listing/120-nw-40th-avenue-ocala-fl-34482-b8466780)

---

## Structured Data

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