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Professional Office with Mezzanine
For Sale
$850,000

102-3235 Sw 34th St, Ocala, FL 34471

Professional office for sale with a lobby, multiple private and open areas, five procedure rooms, and ADA-compliant restrooms.

Property Size4,700 SF
Price / SF$180.85
Days on Market130

Property Features for 102-3235 Sw 34th St

General Information

Standard status Active
Size 4,700 SF

Amenities

lobby
reception area
conference room
IT room
break room
Listing Agency: GUS GALLOWAY REALTY INC
Listed By: Charles White · License #3361501
Source: Exprealty
Added: Mar 23 Changed: Jul 26 Last Checked: Jul 30 at 12:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GUS GALLOWAY REALTY INC

Investment Insights

Based on property information with market context.

This professional office property offers approximately 4,161± SF of office space with an additional 539± SF mezzanine. The layout includes a welcoming lobby and reception area, five procedure rooms, two private offices, and three larger open work areas suitable for collaborative or bullpen-style operations. A large conference room supports meetings and presentations, with additional interior amenities including an IT room, a break room, and two ADA-compliant restrooms.

The property is located on SW 34th Street in a well-located, highly accessible area of Ocala, with convenient access to major Ocala corridors and nearby retail, medical, and residential areas.

Overall, the room mix provides flexibility for medical, professional, or administrative uses, with both private spaces and larger open areas for adaptable day-to-day operations.

Key Highlights

  • 4,161 ± SF professional office building with an additional 539 ± SF mezzanine
  • Welcoming lobby and reception area plus five procedure rooms and a large conference room
  • Two private offices and three larger open work areas for bullpen‑style operations or training

Financial Insights For Healthcare Medical

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 $104.3k $22.20
− Vacancy −$11.0k −$2.33
EGI $93.4k $19.87
− OpEx −$37.4k −$7.95
NOI $56.0k $11.92
4,700 SF · lease $22.20/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use
Office B
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,542 @ 7.0% cap · market cap 14.30%
Second Best
Healthcare Medical
$800.4K
$700.4K – $933.9K (±1% cap)
NOI $56,031 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$2.57M
$2.25M – $2.99M (±1% cap)
NOI $179,659 @ 7.0% cap · market cap 21.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Pharmacy Restaurant Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34471, FL

27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional office for sale with a lobby, multiple private and open areas, five procedure rooms, and ADA-compliant restrooms.
Where is this medical office space located?
The property is located at 102-3235 Sw 34th St Ocala, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,161 ± SF professional office building with an additional 539 ± SF mezzanine; Welcoming lobby and reception area plus five procedure rooms and a large conference room; Two private offices and three larger open work areas for bullpen‑style operations or training
More about this property
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