Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2111 College Rd Ocala, FL 34474

    Sponsored
    For Sale
    $5,500,000

    High-Performing NNN Lease Investment

    Property size:
    12,576 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    329
    This exceptional investment opportunity presents a 12,576 square foot Golden Corral restaurant in Ocala, Florida. Located on 2.3 acres at 2111 SW College Rd, this Class A property boasts a strong 12-year remaining lease term (15-year original term) with a highly-rated franchisee operator. The current annual NOI is $317,653, representing a 5.75% cap rate, projected to increase to $349,000 within 28 months. Rent bumps occur every 5 years, providing inflation protection. The property features a single-tenant occupancy (100%) and is situated in a prime location on a major Ocala roadway, surrounded by thriving commercial and residential areas. Built in 1996, this one-story building is zoned for retail use. The NNN lease structure minimizes landlord responsibilities, making this a low-maintenance, high-return investment. The lease includes three 5-year renewal options, ensuring long-term stability and income generation. This is a rare opportunity to acquire a well-established, high-performing restaurant investment with significant upside potential. The property's strong location, reputable tenant, and favorable lease terms make it an attractive addition to any portfolio.

    Property Features for 2111 College Rd

    General Information

    Property type
    Restaurants
    Square Feet
    12,576 SF
    Class
    A
    Lot Size
    100,188 SF

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $5,500,000 asking price for a Net Leased Golden Corral restaurant.
    • 12,576 square foot building on a 2.3‑acre lot in Ocala, Florida.
    • 12 years remaining on a 15‑year lease with 5‑year rent bumps.
    • Strong NOI of $317,653, projected to increase to $349,000 within 28 months.
    • Located on a major roadway in a high‑growth area of Ocala, with excellent demographics.
    • Class A retail property with 100% occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Golden Corral Buffet ... Buffet Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -82.1614775
    Latitude
    29.1726776

    Nearby Similar for Sale

    • $1,200,000
      0.18 Acres

      Versatile Mixed-Use Commercial/Residential Property

      Mixed-use property with B1A zoning, ideal for various business ventures.
      434 SW 14Th St, Ocala, FL 34471
      View Details
    • $3,250,000
      4,400 SF

      Ocala Equestrian Farm with Gardens

      42-acre horse farm with gardens near equestrian centers.
      12500 NW 100Th St, Ocala, FL 34482
      View Details
    • $2,349,900
      6,200 SF

      Equestrian Compound Near HITS Farm

      Income-producing equestrian facility with residential cottages and equine amenities.
      13646 N Us Highway 27, Ocala, FL 34482
      View Details
    • $499,000
      1,946 SF

      Turn-Key Salon on 1.47 Acres

      Remodeled commercial property on NE Jacksonville Rd, Ocala, Florida.
      3132 NE Jacksonville Rd, Ocala, FL 34479
      View Details
    • $1,150,000
      2,621 SF

      Ocala Equestrian Estate with Arena

      5-acre equestrian estate featuring updated residences and professional arena.
      7509 SW 93Rd Street Rd, Ocala, FL 34476
      View Details
    • $1,650,000
      2,395 SF

      Equestrian Farm Near WEC

      Updated 6+ acre farm in gated equestrian community.
      6208 NW 12Th St, Ocala, FL 34482
      View Details
    • $1,600,000
      1,404 SF

      Ocala Farm Near Equestrian Center

      10-acre farm near World Equestrian Center in Ocala, Florida.
      4520 NW 95Th Avenue Rd, Ocala, FL 34482
      View Details
    • $2,279,800
      3,794 SF

      Equestrian Estate Near Greenways

      6.89-acre Ocala farm with residences, barn, and paddocks.
      10925 SW 16Th Ave, Ocala, FL 34476
      View Details
    • $995,000
      2,298 SF

      Equestrian Farm in Horse Capital

      12-acre farm with renovated home and equestrian facilities.
      6980 SW 72Nd Ct, Ocala, FL 34476
      View Details
    • $1,049,000
      3,540 SF

      Ocala Equestrian Estate with Barn

      Equestrian estate on 4+ acres, move-in ready, no HOA.
      8801 SE 7Th Avenue Rd, Ocala, FL 34480
      View Details
    • $3,299,000
      3,053 SF

      OCALA Equestrian Estate Near WEC

      Luxury equestrian estate near World Equestrian Center and Golden Ocala.
      11098 NW 50 Ln, Ocala, FL 34482
      View Details
    • $1,695,000
      2,985 SF

      Ocala Equestrian Farm with Upgrades

      12.71-acre farm near World Equestrian Center with updated home.
      11851 SW 38Th St, Ocala, FL 34481
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-Performing NNN Lease Investment
    Where is this restaurant located?
    The property is located at 2111 College Rd Ocala, FL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: $5,500,000 asking price for a Net Leased Golden Corral restaurant.; 12,576 square foot building on a 2.3-acre lot in Ocala, Florida.; 12 years remaining on a 15-year lease with 5-year rent bumps.
    Request Owner's contact information
    2111 College Rd Ocala, FL 34474
    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.
    2111 College Rd
    Ocala, FL 34474
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2111 College Rd Ocala, FL 34474
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.