Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1706 N Magnolia Ave Ocala, FL 34475

    View on Map
    Sponsored
    For Sale
    $1,400,000

    Business - OCALA, FL

    Type:Business
    Property size:
    10,985 SF
    Lot size:
    0.95 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 30 at 7:06 pm

    Property Features for 1706 N Magnolia Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    B4
    APN
    25792-000-00
    Size
    10,985 SF
    Lot size
    0.95 Acres

    Building Details

    Year built
    1985
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Charles White

    Gus Galloway Realty, Inc.

    Listing agent Charles White License #3361501

    Listing date Mar 30, 2026

    MLS# OM721785 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Ocala Flex Retail/Warehouse Space

    This property offers 10,985 square feet of flex retail and warehouse space across three buildings, situated on approximately 0.95 acres on N Magnolia Ave in Ocala. The location provides convenient access to US 441/301 and US 27. Zoned B-4, the property allows for a mix of retail, service, and light industrial uses. Building 100 totals 2,805 square feet and features approximately 900 square feet of office/showroom space with the balance dedicated to warehouse, serviced by a grade-level roll-up door. Building 200 consists of 3,080 square feet divided into three equal units, each with a small office, restroom, primarily warehouse space, along with one grade-level roll-up door per unit. Building 300 spans 5,100 square feet and includes one 3,000 square foot unit and two 1,050 square foot units, all with roll-up doors and varying office/bathroom layouts. The property can be acquired with a level of vacancy, allowing an owner-user the opportunity to occupy a portion of the space while benefiting from in-place income from existing tenants. Investors can capitalize on the remaining vacancy to lease up the property and create additional value through stabilization. This multi-tenant flex asset presents a unique opportunity for both immediate functionality and long-term upside in a highly accessible Ocala corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Affordable Glass Mirror ... General Contractor Alan Lindsey Roofing Roofing Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    cdt catering&more LLC, Ocalaqueen352, Beckwith Catering

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.136969
    Latitude
    29.203735

    Nearby Similar for Sale

    • $995,900
      2,822 SF

      Charming Office Building on Highway

      Two-story office building on a high-traffic main road.
      944 E Silver Springs Blvd, Ocala, FL 34470
      View Details
    • $569,000
      2,273 SF

      Downtown Ocala Mixed-Use Commercial Property

      Versatile property in the heart of Ocala's thriving downtown.
      44 SE 9Th Ter, Ocala, FL 34471
      View Details
    • $425,000
      3,083 SF

      Ocala Commercial Repurposing Opportunity

      High-visibility corner lot suitable for redevelopment or repurposing.
      1327 E Silver Springs Blvd, Ocala, FL 34470
      View Details
    • $454,900
      2,943 SF

      Historic Office Building in Ocala

      Two-story office building in Ocala's downtown business district.
      151 SE 8Th St, Ocala, FL 34471
      View Details
    • $1,999,999
      9,464 SF

      Historic Landmark in Central Ocala

      Remodeled historic building suitable for office, medical, or showroom.
      939 N Magnolia Ave, Ocala, FL 34475
      View Details
    • $1,100,000
      5,725 SF

      Established Hardware Store with Income

      Turn-key hardware store with real estate and rental income.
      9594 SE Maricamp Rd, Ocala, FL 34472
      View Details
    • $1,100,000
      4,700 SF

      Professional Office Space in Ocala

      4,700 SF professional office space in a prime location.
      3235 SW 34Th St, Ocala, FL 34474
      View Details
    • $699,900
      Pending

      Ocala Warehouse with Multiple Bays

      7500 sq ft warehouse with 10 bays in Ocala.
      3721 NE 44Th St, Ocala, FL 34479
      View Details
    • $499,000
      1,946 SF

      Remodeled Mixed-Use Property in Ocala

      Remodeled commercial property on 1.47 acres with B2 zoning.
      3132 NE Jacksonville Rd, Ocala, FL 34479
      View Details
    • $2,049,000
      Pending

      Ocala Professional Office Investment

      Two-building office investment in Ocala's Cala Hills Professional Park.
      2130 SW 22Nd Pl, Ocala, FL 34471
      View Details
    • $575,000
      1,940 SF

      Prime Commercial Property on Pine

      High-visibility commercial property with B-4 zoning on major business artery.
      5050 S Pine Ave, Ocala, FL 34480
      View Details
    • $999,000
      3,304 SF

      Ocala Ranch with Guest House

      Renovated home on 3.4 acres with barn and guest house.
      2830 SE 31St St, Ocala, FL 34471
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex retail/warehouse space in Ocala with excellent connectivity.
    Where is this flex space located?
    The property is located at 1706 N Magnolia Ave Ocala, FL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - 10,985± SF of flex retail/warehouse space across three buildings.; - Zoned B-4, allowing for a broad mix of retail, service, and light industrial uses.; - Centrally located on N Magnolia Ave in Ocala, with quick access to US 441/301 and US 27.
    (727) 207-8292
    Request Owner's contact information
    1706 N Magnolia Ave Ocala, FL 34475
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1706 N Magnolia Ave
    Ocala, FL 34475
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

    More about this property
    1706 N Magnolia Ave Ocala, FL 34475
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Charles White
    Real Estate License ID: 3361501
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!