Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ocala Industrial Warehouse For Rent Title is generated by Realmo AI

    1056 Ne 16th St, Ocala, FL 34470

    View on Map
    Claim this Listing
    For Lease
    $358,956 SF/Yr $74,782,500/Mo (calc)

    Versatile industrial warehouse with office space available for rent.

    Property size:
    2,500 SF
    Lot size:
    3.33 Acres
    Added:
    Oct 13, 2025
    Days on Market:
    228
    Last Refresh:
    May 26 at 10:39 pm

    Property Features for 1056 Ne 16th St

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    3.33 Acres

    We can help!

    Listing Contact
    Erin Freel
    Erin Freel

    Listing agent Erin Freel License #3431257

    Listing office BOYD REAL ESTATE LLC

    Listing date Oct 13, 2025

    Source Exprealty

    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 BOYD REAL ESTATE LLC

    HighLights

    • Versatile 38,930 SF industrial warehouse suitable for manufacturing, distribution, or general industrial use.
    • Efficient loading with both grade‑level doors and a truck well.
    • Secure, fully fenced and gated property.
    • Includes additional 4,000 SF metal building and covered outdoor storage areas.
    • Warehouse features fire suppression, 3‑phase power, and LED lighting.
    • 19‑foot clear height and 25‑foot column spacing.

    Overview

    This 38,930 square foot industrial warehouse, under new ownership, is situated on 3.33 acres and zoned M-1 (Light Industrial). It offers a combination of office and warehouse space suitable for manufacturing, distribution, or general industrial use. The property includes approximately 2,725 square feet of air-conditioned office space, featuring multiple private offices, a break room, and restrooms. The warehouse area is equipped with fire suppression, 3-phase power, and LED lighting throughout. It provides both grade-level loading and a truck well, ensuring efficient flow for deliveries and shipping. With a 19-foot clear height and 25-foot column spacing, the layout supports high-capacity storage and streamlined operations. The building dimensions are 427 feet by 90 feet. An additional 4,000 square foot metal building and several covered outdoor storage areas add to the property’s versatility, making it ideal for equipment, materials, or future expansion. The site is fully fenced and gated, offering privacy and enhanced security for employees, inventory, and vehicles.
    Location Intelligence

    Current Use by Public Records

    Profab Plastics Corporation Factory Eco Outfitters Industrial Manufacturer Cordell International Inc. Production Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Public Storage — 1815 NE 19th Ave, Ocala, FL 34470
    • Public Storage — 2520 NE Jacksonville Rd, Ocala, FL 34470
    • Public Storage — 961 NE 16th St, Ocala, FL 34470
    • BR&A Storage — 237 NE 9th St, Ocala, FL 34470

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.1233554
    Latitude
    29.2036853

    Nearby Similar for Lease

    • $12 SF/Yr
      2,306 SF

      Premium Ocala Office Space Available

      High-quality office space in prime location near hospitals.
      150 SE 17TH STREET, OCALA, FL 34471
      View Details
    • $18 SF/Yr
      2,274 SF

      Versatile Warehouse & Office Space

      Commercial property with warehouse and office space for lease.
      943 NW 17TH AVENUE, OCALA, FL 34475
      View Details
    • $6,500/Mo
      9,688 SF

      Downtown Ocala Historic Office Suite

      Move-in ready office suite with views of the town square.
      18 S MAGNOLIA AVENUE, OCALA, FL 34471
      View Details
    • $12 SF/Yr
      4,000 SF

      Ocala Flex Warehouse Unit

      New flex warehouse unit with office space for lease.
      2500 NW 6TH STREET, OCALA, FL 34475
      View Details
    • $17 SF/Yr
      6,110 SF

      Downtown Ocala Commercial Space Available

      6,110 SF commercial space with parking near Downtown Ocala.
      304 S MAGNOLIA AVENUE, OCALA, FL 34471
      View Details
    • $19 SF/Yr
      6,000 SF

      Ocala Surgery Center Office Space

      Two-story office space available for lease in Ocala, Florida.
      3201 SW 34TH STREET, OCALA, FL 34474
      View Details
    • $1,700/Mo
      1,500 SF

      Furnished Office Suite in Ocala

      Furnished 1500 sq ft office suite for rent.
      2226 E SILVER SPRINGS BOULEVARD, OCALA, FL 34470
      View Details
    • $5,000/Mo
      4,332 SF

      Ocala Medical Office Space

      Medical office space in Deerwood Office Park near hospitals.
      1630 SE 18TH STREET, OCALA, FL 34471
      View Details
    • $795/Mo
      3,750 SF

      Ocala Office Space For Lease

      Office spaces for lease in Ocala, Florida.
      1740 SE 18TH STREET, OCALA, FL 34471
      View Details
    • $25 SF/Yr
      16,718 SF

      Turnkey Medical Office Space

      Fully built-out medical office space in established medical corridor.
      1805 SE LAKE WEIR AVENUE, OCALA, FL 34471
      View Details
    • $1,995/Mo
      17,934 SF

      Ocala Flex Space Available

      Flex space suitable for trades, storage, or e-commerce operations.
      1302 NW 10TH STREET, OCALA, FL 34475
      View Details
    • $30 SF/Yr
      3,295 SF

      Historic Downtown Ocala Office Space

      Classic office space in Ocala's historic Marion Block Building.
      44 SE 1ST AVENUE, OCALA, FL 34471
      View Details

    FAQs

    What type of property is this?
    Warehouse - Versatile industrial warehouse with office space available for rent.
    Where is this warehouse located?
    The property is located at 1056 Ne 16th St Ocala, FL.
    What is the lease rate?
    The lease rate is $358,956.
    What are key features of this property?
    This property features: Versatile 38,930 SF industrial warehouse suitable for manufacturing, distribution, or general industrial use.; Efficient loading with both grade‑level doors and a truck well.; Secure, fully fenced and gated property.
    (813) 478-1735
    We can help!
    Listing Contact
    Erin Freel
    Erin Freel
    Real Estate License ID: 3431257
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1056 Ne 16th St, Ocala, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!