2264 NW 12TH STREET
About This Property
Discover the possibilities with TWO CONTIGUOUS CLEARED LOTS in NW Ocala, totaling approximately 0.38 acre, located within the Ocala city limits and zoned B4. With potential for commercial or residential development, this versatile property presents an exciting opportunity for investors, builders, and owner-users looking to bring their vision to life.
The two lots may be developed together or individually, as each has its own address. The corner lot is located at 1085 NW 12th Street. Whether you're planning a new construction project or exploring future development opportunities, this property offers flexibility and potential in a convenient location.
Enjoy easy access to Downtown Ocala, the World Equestrian Center, I-75 (Exit 354), US Highway 301, and US Highway 441.
OWNER FINANCING AVAILABLE! Bring your builder, walk the property, and explore the possibilities!
All information is believed to be accurate but is not guaranteed or warranted and is subject to change without notice. Buyers should independently verify zoning, permitted uses, development requirements, utilities, and applicable incentives with the appropriate authorities. Opportunity Zone designation and any associated benefits should be independently verified.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2026 | Price Decreased |
$77,000
↓ $1K
(1.3%) | |
| Price Decreased | |||
| Oct 20, 2026 | Price Decreased |
$78,000
↓ $5K
(5.9%) | |
| Price Decreased | |||
| Oct 6, 2026 | Price Decreased |
$82,900
↓ $1K
(1.2%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$83,900
↓ $1K
(1.2%) | |
| Price Decreased | |||
| May 20, 2026 | Price Decreased |
$84,900
↓ $4K
(4.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017