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    42 S Magnolia Ave Ocala, FL 34471

    For Lease
    $4,100 /Mo ($12 SF/Yr)

    Retail - OCALA, FL

    Type:Retail
    Property size:
    4,000 SF
    Lot size:
    0.06 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 42 S Magnolia Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    2853-046-003
    Size
    4,000 SF
    Lot size
    0.06 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1886
    Building materials
    Block, Brick
    Architectural style
    Other

    Gus Galloway Realty, Inc. (352) 572-9109 [email protected]

    Listing agent Nolan Galloway, III (352) 622-8127 License #3057213

    Listing date Nov 4, 2025

    MLS# OM712563 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Ocala Retail Space

    Located in the heart of Downtown Ocala, this commercial space at 42 S Magnolia Avenue offers 2,000 square feet. The property features a storefront with frontage on Magnolia Avenue, providing exposure to pedestrian and vehicle traffic. The space is suitable for retail, a boutique showroom, a professional office, or a specialty service. The location provides walking distance access to restaurants, shops, and professional services. The property is located in Ocala’s downtown corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Merit Advertising Corp. Advertising Agency

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.137209
    Latitude
    29.185987

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    FAQs

    What type of property is this?
    Retail space - 2,000 SF commercial space in Ocala's historic district.
    Where is this retail space located?
    The property is located at 42 S Magnolia Ave Ocala, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High-profile location in Ocala's thriving downtown corridor.; - Excellent visibility and walkability on Magnolia Avenue.; - Versatile 2,000 ± SF space suitable for retail, office, or service businesses.
    (352) 622-8127
    Request Owner's contact information
    42 S Magnolia Ave Ocala, FL 34471
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    Ocala, FL 34471
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    Realmo Value Estimation

    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.

    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.

    More about this property
    42 S Magnolia Ave Ocala, FL 34471
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