M Square Commercial closed the sale of a 0.97-acre car wash property at 1554 E Silver Springs Blvd in Ocala, Florida. The firm represented ModWash, LLC. The buyer, K2 Ocala 2 LLC, enters the Florida market with a site already approved for car wash use.
-- M Square Commercial successfully represented ModWash, LLC in the sale of a 0.97-acre car wash property located at 1554 E Silver Springs Blvd in Ocala, Florida. The deal closed on January 30, 2025, with K2 Ocala 2 LLC acquiring the site for a new car wash operation.
The seller completed due diligence and secured approvals for car wash use, making the site more valuable and ready for a new operator. These steps helped position the property as a turnkey development opportunity for a buyer entering the Florida market.
Positioned in a high-traffic commercial corridor, the site offers strong visibility and access for retail development. The seller added value by preparing the site for development, helping position it as a turnkey opportunity for a buyer entering the Florida market.
“This transaction reflects the growing demand for Florida retail properties with development-ready entitlements,” said Brittany Megrath for M Square Commercial. “By completing the approvals in advance, the seller created a seamless opportunity for a new operator to establish a presence in a competitive market.”
The site is zoned B2, allowing for a wide range of retail uses, including automotive services. With strong visibility, robust consumer traffic, and proximity to key commercial nodes in Ocala, the location provides a compelling long-term investment for the buyer.
Forefront Commercial served as the local broker partner, working alongside M Square Commercial to ensure a smooth closing. The collaborative effort resulted in an efficient transaction process that met the goals of both buyer and seller.
M Square Commercial continues to facilitate value-add property sales across key Sunbelt markets, leveraging zoning insights and market experience to match buyers with retail assets poised for redevelopment or repositioning.
For more details, visit the full case study: https://msquarecommercial.com/ocala-fl-car-wash-real-estate-sale/
About M Square Commercial
M Square Commercial is a national commercial real estate brokerage firm specializing in value-add dispositions, retail property sales, and development advisory. The firm represents private investors, developers, and institutions in strategic real estate transactions across the country.
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