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Warehouse Property for Lease
For Lease
$4,500,000

1118 N MAGNOLIA Ave, Ocala, FL 34475

Industrial warehouse available for lease in Ocala, Florida’s Marion County.

Space SizeContact for details
Property Size45,345 SF
Days on Market144

Property Features for 1118 N MAGNOLIA Ave

General Information

Standard status Active
Size 45,345 SF
Property subtype Industrial
Lease Term 6+ months

Taxes and HOA fees

Annual Taxes $40,364

Building Details

Building Size 45,345 SF
Year Built 1956
Stories 1
Listing Agency: GUS GALLOWAY REALTY INC
Listed By: Nolan Galloway, III · License #3057213
Source: Elliman
Added: Jun 13 Changed: Nov 2 Last Checked: Nov 3 at 7:37AM

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

Rey
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Investment Insights

Based on property information with market context.

This warehouse property is offered for rent and totals 45,345 square feet. It’s classified for commercial real estate use as a warehouse/industrial facility, providing a single, straightforward building footprint for storage, distribution, or other industrial warehouse operations.

The property is located at 1118 N Magnolia Avenue in Ocala, within Marion County. Directions provided: from Downtown Ocala head north on NE 1st Ave, merge onto N Magnolia Ave, and the property is on the left.

For tenants seeking an industrial warehouse space in Ocala, this offering provides a dedicated facility configuration with the size needed for warehousing and logistics-style use. The provided access directions along N Magnolia Avenue should help simplify driver wayfinding when arranging viewings or delivery routing. Interested parties can request additional details on the specific interior configuration, available space options, and lease terms to confirm fit for their operational requirements.

Key Highlights

  • Industrial warehouse available for lease in Ocala, Florida (Marion County).
  • Built in 1956.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Storage Facility (Bike/Boat/Book/etc) Store Bakery Pet Grooming Service Tanning Salon

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

881
Businesses Nearby
Well-served
Demand for This Use

Demographics for 34475, FL

14,780
Population
5,668
Households
2.6
Avg Household Size
38
Median Age
13%
College-Educated
84%
High-School Grad
27.8 sq mi
ZIP Area
532
Density / Sq Mi
$33,515
Median Household Income
$24,854
Median Earnings
$871
Median Rent
$170,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Ocala, FL

$43.79 /SF/Yr
Avg Asking Price
$1.63–$204 /SF/Yr
Price Range
43,554 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Hills Van Service Of Marion County — 416 NW 7th St, Ocala, FL 34475
  • BR&A Storage — 237 NE 9th St, Ocala, FL 34470
  • Public Storage — 961 NE 16th St, Ocala, FL 34470

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse available for lease in Ocala, Florida’s Marion County.
Where is this warehouse located?
The property is located at 1118 N MAGNOLIA Ave Ocala, FL.
What is the lease rate?
The lease rate is $4,500,000.
What are key features of this property?
This property features: Industrial warehouse available for lease in Ocala, Florida (Marion County).; Built in 1956.
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