1706 N MAGNOLIA AVENUE Ocala, FL 34475
Business - OCALA, FL
Property Features for 1706 N MAGNOLIA AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Zoning
- B4
- Standard status
- Active
- APN
- 25792-000-00
- Size
- 10,985 SF
- Lot size
- 0.95 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11459.8
Building Details
- Year built
- 1985
- Building materials
- Block
- Architectural style
- Other
Listing agent Charles White License #3361501 (727) 207-8292
Listing office GUS GALLOWAY REALTY INC 240 SE 17 St, Ocala, FL (352) 622-8127
Listing date Mar 30, 2026
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.
Investment Insights
Based on property information with market context.
The property is located on N Magnolia Ave in Ocala and is described as centrally positioned with quick access to US 441/301 and US 27. It is zoned B4 and is presented as allowing a broad mix of retail, service, and light industrial uses.
For tenants or buyers, the multi-building, mixed office-and-warehouse configuration supports a variety of flex users that need both customer-facing or office space and functional loading capacity. The offering is noted as being available with a level of vacancy, which may fit an owner-user seeking to occupy part of the property while maintaining income from existing tenancy, or an investor looking to lease up remaining space.
Key Highlights
- 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.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.6k | $13.80 |
| − Vacancy | −$11.8k | −$1.08 |
| EGI | $139.8k | $12.72 |
| − OpEx | −$48.9k | −$4.45 |
| NOI | $90.8k | $8.27 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- cdt catering&more LLC — 815 SW 10th Ave, Ocala, FL 34471
- Ocalaqueen352 — Ocala, FL 34483
- Beckwith Catering — 809 N Magnolia Ave, Ocala, FL 34475