Established Japanese Steakhouse For
4714 SW COLLEGE ROAD Ocala, FL 34474
4714 SW COLLEGE ROAD, Ocala, FL, 34474
$2,500,000
For Sale
$2,500,000
Business - OCALA, FL
Property Size6,587 SF
Lot Size1.08 Acres
Price / SF$379.54
Days on Market268
Property Features for 4714 SW COLLEGE ROAD
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Zoning
- B2
- Standard status
- Active
- APN
- 23874-000-06
- Size
- 6,587 SF
- Lot size
- 1.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 27079.92
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2008
- Building materials
- Block, Concrete
- Architectural style
- Other
Listing Agency
BOSSHARDT REALTY SERVICES LLC
(352) 371-6100
5542 NW 43rd St, Gainesville, FL
Listed by
Eric Ligman · License #3086548
(352) 256-2112
Added: Oct 23, 2025 Checked: Jul 17 at 9:06 pm
MLS# GC534942
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 freestanding restaurant, known as Yamato Japanese Steakhouse, has been an Ocala landmark for decades. The property is situated on College Road near West Marion Community Hospital and Interstate 75. It features visibility and accessibility, along with on-site parking. The turnkey setup includes 10+ hibachi cooking stations, a full-service bar, and a complete commercial kitchen with walk-in coolers and freezers. All furniture, fixtures, and equipment (FF&E) are included in the sale. The property is zoned B2. The lot size is 1.08 acres and the property size is 6587 square feet.
Key Highlights
- Established restaurant (Yamato Japanese Steakhouse) with decades of operation as a local landmark.
- Prime location on College Road near West Marion Community Hospital and I‑75, offering high visibility and accessibility.
- Turnkey operation with fully equipped hibachi cooking stations (10+), full‑service bar, and commercial kitchen.
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 | $112.2k | $17.04 |
| − Vacancy | −$5.8k | −$0.89 |
| EGI | $106.4k | $16.15 |
| − OpEx | −$26.6k | −$4.04 |
| NOI | $79.8k | $12.12 |
6,587 SF · lease $17.04/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.14M
$997.6K – $1.33M
NOI $79,804 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $251,790 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Yamato Japanese Steak ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey Japanese steakhouse with prime location and ample parking.
Where is this conventional restaurant located?
The property is located at 4714 SW COLLEGE ROAD Ocala, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Established restaurant (Yamato Japanese Steakhouse) with decades of operation as a local landmark.; Prime location on College Road near West Marion Community Hospital and I‑75, offering high visibility and accessibility.; Turnkey operation with fully equipped hibachi cooking stations (10+), full‑service bar, and commercial kitchen.
