Downtown Ocala Commercial
44 SE 9TH Ter Ocala, FL 34471
For Sale
$569,000
Versatile commercial property in downtown Ocala, ideal for various uses.
Property Size2,000 SF
Lot Size0.21 Acres
Price / SF$284.50
Days on Market127
Property Features for 44 SE 9TH Ter
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.21 Acres
Property subtype
Commercial
Building Details
Year Built
1948
Listing Agency:
GOLDEN OCALA REAL ESTATE INC
(352) 613-6613
Listed By:
Tasha Osbourne · License #3304601
(352) 613-6613
Source:
Elliman
Added: Mar 24
Changed: Jul 10
Last Checked: Jul 27 at 6:24AM
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 GOLDEN OCALA REAL ESTATE INC
Investment Insights
Based on property information with market context.
This well-maintained commercial property, exceeding 2,000 square feet, is situated in downtown Ocala, offering visibility, flexibility, and opportunity. Its location is near major hospitals, the Marion County courthouse, and downtown dining, shopping, and business districts. Zoned RO (Residential Office), the property supports a range of uses, including medical office, professional services, boutique business, creative studio, or mixed-use workspace. The layout features a combination of climate-controlled and ventilated areas. A reception area welcomes clients and visitors. The interior provides a balance of open workspace and private offices suitable for collaboration, consultations, or executive use. An upstairs loft offers additional flexibility for a private office, studio, or executive suite. The property's architectural character and indoor-outdoor design elements create an inspiring environment. This property offers a strategic downtown location with long-term value and growth potential.
Key Highlights
- Prime downtown Ocala location offering exceptional visibility and accessibility.
- Versatile RO zoning supports medical, professional, retail, studio, and mixed‑use possibilities.
- Well‑maintained 2,000+ square foot special‑purpose building.
Financial Insights For Office B
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 | $75.1k | $37.56 |
| − Vacancy | −$6.2k | −$3.08 |
| EGI | $69.0k | $34.48 |
| − OpEx | −$17.2k | −$8.62 |
| NOI | $51.7k | $25.86 |
2,000 SF · lease $37.56/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$738.9K
$646.5K – $862.0K
NOI $51,720 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$955.6K – $1.27M
NOI $76,451 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Versatile commercial property in downtown Ocala, ideal for various uses.
Where is this office units located?
The property is located at 44 SE 9TH Ter Ocala, FL.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Prime downtown Ocala location offering exceptional visibility and accessibility.; Versatile RO zoning supports medical, professional, retail, studio, and mixed‑use possibilities.; Well‑maintained 2,000+ square foot special‑purpose building.
