Flex Space Building with Grade-Level
For Sale
$475,000
Pending
10858 Sw 91st Ave, Ocala, FL 34481
Flex space building zoned B-5 with multiple grade-level garage bays, office, restrooms, and ample on-site parking.
Property Size3,200 SF
Days on Market108
Property Features for 10858 Sw 91st Ave
General Information
Standard status
Pending
Size
3,200 SF
Zoning
B-5
Additional Details
Road Access
Yes
Amenities
garage bays
office
restrooms
support space
Building Details
Buildings
1
Building Size
3,200 SF
Listing Agency:
GUS GALLOWAY REALTY INC
(352) 572-9109
Listed By:
Nolan Galloway, III · License #3057213
(352) 572-9109
Source:
Exprealty
Added: Apr 16
Changed: Jul 31
Last Checked: Jul 31 at 5:35AM
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 flex space building offers a versatile garage-and-workspace layout designed for automotive, service, storage, contractor, and light industrial users. The property is zoned B-5 (Heavy Business) and features multiple grade-level garage bays along with a combination of garage/workspace areas, a small office, restrooms, and support space. The configuration supports both owner-users and investors seeking adaptable operating or income scenarios.
Located on a convenient corridor with easy access to major thoroughfares, the site is set up for practical daily operations. It provides ample on-site parking and straightforward ingress/egress, supporting smooth customer and vehicle access.
With its B-5 zoning and flexible interior configuration, the building is well-suited for a single-user operation or potential adaptation into a multi-tenant setup.
Located on a convenient corridor with easy access to major thoroughfares, the site is set up for practical daily operations. It provides ample on-site parking and straightforward ingress/egress, supporting smooth customer and vehicle access.
With its B-5 zoning and flexible interior configuration, the building is well-suited for a single-user operation or potential adaptation into a multi-tenant setup.
Key Highlights
- Multiple grade‑level garage bays for automotive, service, storage, and flex use
- Zoned B‑5 (Heavy Business) for commercial and light industrial uses
- Interior includes garage/workspace areas plus small office and restrooms
Financial Insights For Industrial
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 | $54.9k | $17.16 |
| − Vacancy | −$2.5k | −$0.77 |
| EGI | $52.4k | $16.39 |
| − OpEx | −$15.7k | −$4.92 |
| NOI | $36.7k | $11.47 |
3,200 SF · lease $17.16/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.15M
$1.01M – $1.34M
NOI $80,484 @ 7.0% cap · market cap 16.94%
Second Best
Warehouse
$636.8K
$557.2K – $742.9K
NOI $44,575 @ 7.0% cap · market cap 9.38%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,321 @ 7.0% cap · market cap 25.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34481, FL
23,097
Population
14,183
Households
1.6
Avg Household Size
69
Median Age
29%
College-Educated
94%
High-School Grad
69.2 sq mi
ZIP Area
334
Density / Sq Mi
$54,639
Median Household Income
$30,917
Median Earnings
$1,154
Median Rent
$213,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space building zoned B-5 with multiple grade-level garage bays, office, restrooms, and ample on-site parking.
Where is this flex space located?
The property is located at 10858 Sw 91st Ave Ocala, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Multiple grade‑level garage bays for automotive, service, storage, and flex use; Zoned B‑5 (Heavy Business) for commercial and light industrial uses; Interior includes garage/workspace areas plus small office and restrooms
