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    Retail Building on High-Traffic Road

    2506 N MAGNOLIA AVENUE Ocala, FL 34475

    Claim this Listing
    For Sale
    $270,000

    Retail - OCALA, FL

    Type:Retail
    Property size:
    1,931 SF
    Lot size:
    0.48 Acres
    Price / SF:
    $139/SF
    Added:
    Aug 13, 2025
    Days on Market:
    334
    Last Refresh:
    Jul 12 at 11:06 pm

    Property Features for 2506 N MAGNOLIA AVENUE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    B4
    Standard status
    Active
    APN
    25336-000-00
    Size
    1,931 SF
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2088.25

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1951
    Building materials
    Block
    Architectural style
    Other

    Listing agent Elisha Lopez License #3214538

    Listing office REAL BROKER, LLC 122 W Pine St, Ste 300, Winter Haven, FL

    Listing date Aug 13, 2025

    MLS# OM707547 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.

    Investment Insights

    Based on property information with market context.

    This commercial building is situated on 0.48 acres with frontage on both Highway 441 and N. Magnolia, offering high traffic exposure. Previously used as a retail store, the 1,931 square foot building is suitable for various uses including auto repair, sales (new or used), restaurant, retail, medical, and storage. The building includes an enclosed garage, a space that can be converted back into a kitchen, one bathroom, and several office and storage spaces. The property is located in Ocala, Florida.

    Key Highlights

    • High‑traffic location on Highway 441 and N. Magnolia provides great exposure.
    • Versatile commercial building suitable for auto repair, sales, restaurant, retail, medical, storage, etc.
    • Spacious building includes an enclosed garage.

    Local Financial Insights For Specialty Retail

    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 $32.9k $17.04
    − Vacancy −$1.7k −$0.89
    EGI $31.2k $16.15
    − OpEx −$7.8k −$4.04
    NOI $23.4k $12.12
    1,931 SF · lease $17.04/SF/yr · vacancy 5.20% · expense 25.00%

    Alternative Uses

    Best Use
    Retail
    $693.8K
    $607.1K – $809.5K (±1% cap)
    NOI $48,567 @ 7.0% cap · market cap 17.99%
    Second Best
    Specialty Retail
    $334.2K
    $292.4K – $389.9K (±1% cap)
    NOI $23,395 @ 7.0% cap · market cap 8.66%
    Theoretical Best
    Office A
    $1.05M
    $922.7K – $1.23M (±1% cap)
    NOI $73,813 @ 7.0% cap · market cap 27.34%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Dental Office Law Firm Storage Facility Gym & Fitness Center (Bike/Boat/Book/etc) Store Skin Care Clinic Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic

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

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    FAQs

    What type of property is this?
    Retail space - Commercial building on 0.48 acres with two road frontages.
    Where is this retail space located?
    The property is located at 2506 N MAGNOLIA AVENUE Ocala, FL.
    What is the asking price?
    The asking price for this property is $270,000.
    What are key features of this property?
    This property features: High‑traffic location on Highway 441 and N. Magnolia provides great exposure.; Versatile commercial building suitable for auto repair, sales, restaurant, retail, medical, storage, etc.; Spacious building includes an enclosed garage.
    Contact an agent
    (863) 206-5755
    We can help!
    Contact an agent
    Elisha Lopez
    Real Estate License ID: 3214538
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