Could not make addressCould not make address Lance Schenker - Ocala, FL Commercial Real Estate Agent & Broker | Realmo
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    Lance Schenker, Ocala, FL

    License ID: FL 3047977
    Bill Rodgers Realty
    Association
    Ocala Marion County Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (352) 362-1224
    Office Address:
    2333 E Silver Sprgs Blvd, Ocala, FL, 34470

    Performance

    Listings
    21

    Listings

    For Sale (9)

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    • $1,100,000
      0.35 Acres

      Dunnellon Riverfront Land

      0.35-Acre Waterfront Paradise
      12110 Palmetto Ct, Dunnellon, FL 34432
      View Details
    • $2,900,000
      12,737 SF

      Ocala Industrial Warehouse - $2.9M

      Spacious warehouse, 12,737 SF, vacant.
      530 1St Ave, Ocala, FL 34475
      View Details
    • $595,000
      2.90 Acres

      Ocala Commercial Land - $595K

      2.9 Acres, B4 Zoning, High Traffic
      6301 Maricamp Rd, Ocala, FL 34472
      View Details
    • $1,200,000
      1.70 Acres

      Ocala Development Opportunity

      1.7-Acre Mixed-Use Property, $1.2M
      1333 17Th St, Ocala, FL 34471
      View Details
    • $340,000

      20 Acres on State Road

      20 acres of land suitable for commercial or multi-family redevelopment.
      23833 E State Road 40, Astor, FL 32102
      View Details
    • $595,000

      Commercial Land on Busy Highway

      Commercial land suitable for retail, fast food, or service use.
      6301 SE Maricamp Rd, Ocala, FL 34471
      View Details
    • $1,399,600

      Modern Ocala Office Building For Sale

      Two-story office building with ample parking in Ocala, Florida.
      202 NE 8Th Ave, Ocala, FL 34470
      View Details
    • $1,325,000

      Ocala Buildable Lot on 17th

      2.95 acre lot suitable for various development projects.
      150 SE 17Th St, Ocala, FL 34471
      View Details
    • $1,200,000

      Ocala Land For Sale

      Commercial land available in Ocala, Florida.
      1333 SE 17Th St, Ocala, FL 34471
      View Details

    For Lease (12)

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    • $252 SF/Yr
      1,400 SF

      Ocala Retail Space For Lease

      Prime Ocala retail space, 1400 sq ft.
      1139 Silver Springs Blvd, Ocala, FL 34470
      View Details
    • $203 SF/Yr
      2,128 SF

      Ocala Medical Office Space For Sale

      Prime 2,128 SF Medical Office in Ocala, FL
      3120 27Th Ave, Ocala, FL 34471
      View Details
    • $253 SF/Yr
      1,506 SF

      Prime Retail Space, Silver Springs Blvd

      1,506 SF Retail Building - Available Now
      1410 Silver Springs Blvd, Ocala, FL 34470
      View Details
    • $12 SF/Yr
      530 SF

      Ocala Retail Space for Lease

      530 SF Retail Space, Prime Location
      821 36Th Ave, Ocala, FL 34470
      View Details
    • $834 /Mo
      144 SF

      Ocala Office Space for Lease

      Prime Ocala office, flexible terms, ample parking.
      2801 College Rd, Ocala, FL 34474
      View Details
    • $12 SF/Yr
      24,600 SF

      Ocala Warehouse: 24,600 SF

      New 2022 warehouse, single tenant, Ocala, FL
      5741 Pine Ave, Ocala, FL 34480
      View Details
    • $7,800 /Mo

      Fenced Laydown Yard For Lease

      Fenced laydown yard for lease near SW College Rd.
      10949 SW 93Rd Ter, Ocala, FL 34481
      View Details
    • $6,360 /Mo

      Retail Space in Ocala, Florida

      Versatile 530 SF retail space in a convenient strip center.
      821 NE 36Th Ter, Ocala, FL 34470
      View Details
    • $65,187

      Medical Office in Hospital Compound

      Class A medical office space within The Villages Hospital Compound.
      1400 912, Lady Lake, FL 32159
      View Details
    • $43,200

      Ocala Office/Retail Space Available

      Office and retail spaces for rent in Ocala, Florida.
      419 SW 15Th St, Ocala, FL 34471
      View Details
    • $173,964

      Industrial Warehouse and Office Space

      Class-A industrial warehouse and office space available for rent.
      4547 NW 44Th Ave, Ocala, FL 34482
      View Details
    • $119,520

      Retail/Restaurant Space Near Key Foods

      Retail or restaurant space in prime location for lease.
      1927 SW College Rd, Ocala, FL 34471
      View Details

    Leases and Sales on Map

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    Lance Schenker, Ocala, FL
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Lance Schenker, Ocala, FL
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