Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2139 NE 2Nd St, Unit B Ocala, FL 34470

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,150,000

    Fully leased medical spa with long-term income and growth potential.

    Lot size:
    1.04 Acres

    Property Features for 2139 NE 2Nd St

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    1.04 Acres

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Fran Dann-Akin
    Source: Elliman

    Listing Agency: AKIN REALTY COMPANY Listing Agent: Fran Dann-Akin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Leased Medical Spa Investment Opportunity

    This is an investment property featuring a 3,634 square foot medical spa office building on 1.04 acres. The property is 100% leased with a 7% cap rate. It is located in the 2nd Street Professional Center. The property is fully leased under a new 10-year absolute triple net lease with Lifestyle Solutions MedSpa, which has been operating at this location since 2004. The lease includes annual escalations through 2035, plus four additional 5-year extension options. Originally constructed in 1986, the building underwent major renovations in 2013. The property benefits from close proximity to retail establishments, banking facilities, dining options, and residential neighborhoods. The property is zoned RO & R-3 in Marion County.
    Location Intelligence

    Current Use by Public Records

    Griffin Insurance Agency Insurance Agency Anna Brantley, Griffin ... Insurance Agency Lifestyle Solutions MedSpa Spa & Massage Center Dr. Michael M. ... Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    Loving Arms Birth and Wellness Center, Element Spin Studio, Therapeutic Touch Aesthetics and Bodywork

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.1083542
    Latitude
    29.1888284

    Nearby Similar for Sale

    • $395,000
      Pending

      Ocala Office For Sale

      Office building in Ocala, Florida available for purchase.
      1008 E Silver Springs Blvd, Ocala, FL 34470
      View Details
    • New
      $995,900
      2,822 SF

      Charming Office Building on Highway

      Two-story office building on a high-traffic main road.
      944 E Silver Springs Blvd, Ocala, FL 34470
      View Details
    • $454,900
      2,943 SF

      Historic Office Building in Ocala

      Two-story office building in Ocala's downtown business district.
      151 SE 8Th St, Ocala, FL 34471
      View Details
    • New
      $1,999,999
      9,464 SF

      Historic Landmark in Central Ocala

      Remodeled historic building suitable for office, medical, or showroom.
      939 N Magnolia Ave, Ocala, FL 34475
      View Details
    • New
      $2,049,000
      Pending

      Ocala Professional Office Investment

      Two-building office investment in Ocala's Cala Hills Professional Park.
      2130 SW 22Nd Pl, Ocala, FL 34471
      View Details
    • $425,000
      3,083 SF

      Ocala Commercial Repurposing Opportunity

      High-visibility corner lot suitable for redevelopment or repurposing.
      1327 E Silver Springs Blvd, Ocala, FL 34470
      View Details
    • New
      $749,900
      1,829 SF

      Charming Renovated Ranch Near Equestrian Center

      Renovated 4/2 ranch on 10 acres near World Equestrian Center.
      7555 SW 77Th Pl, Ocala, FL 34476
      View Details
    • $999,000
      3,304 SF

      Ocala Ranch with Guest House

      Renovated home on 3.4 acres with barn and guest house.
      2830 SE 31St St, Ocala, FL 34471
      View Details
    • New
      $1,050,000
      0.18 Acres

      Versatile Mixed-Use Commercial/Residential Property

      Mixed-use property with B1A zoning, ideal for various businesses.
      434 SW 14Th St, Ocala, FL 34471
      View Details
    • $575,000
      1,940 SF

      Prime Commercial Property on Pine

      High-visibility commercial property with B-4 zoning on major business artery.
      5050 S Pine Ave, Ocala, FL 34480
      View Details
    • $819,000
      3,555 SF

      Equestrian Estate in Ocala Countryside

      Private 10-acre equestrian estate with a 3,500+ sq ft home.
      9032 NW 30Th Ave, Ocala, FL 34475
      View Details
    • New
      $349,900
      700 SF

      Equestrian Farm Near World Center

      Equestrian property near World Equestrian Center with stalls and arena.
      8106 SW 19Th Ln, Ocala, FL 34481
      View Details

    FAQs

    What type of property is this?
    Spa & wellness property - Fully leased medical spa with long-term income and growth potential.
    Where is this spa & wellness property located?
    The property is located at 2139 NE 2Nd St, Unit B Ocala, FL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - 100% Leased with a 7% Cap Rate offering immediate income.; - New 10-year absolute triple net lease with annual escalations through 2035, plus four 5-year extension options.; - Tenant (Lifestyle Solutions MedSpa) has been successfully operating at the location since 2004, demonstrating stability.
    (352) 804-2446
    Request Owner's contact information
    2139 NE 2Nd St, Unit B Ocala, FL 34470
    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.
    2139 NE 2Nd St, Unit B
    Ocala, FL 34470
    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
    2139 NE 2Nd St, Unit B Ocala, FL 34470
    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

    We can help!
    Listing Contact
    Fran Dann-Akin
    Real Estate License ID: 544440
    (352) 804-2446 (352) 266-7795
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!