Ocala Professional Office For
For Sale
$850,000
Pending
3235 SW 34TH 102, Ocala, FL 34474
4,161 SF professional office space in a highly accessible location.
Property Size4,700 SF
Lot Size0.09 Acres
Days on Market197
Property Features for 3235 SW 34TH 102
General Information
Standard status
Pending
Size
4,700 SF
Lot size
0.09 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,370
Building Details
Building Size
4,700 SF
Year Built
2004
Listing Agency:
GUS GALLOWAY REALTY INC
Listed By:
Charles White · License #3361501
(727) 207-8292
Source:
Elliman
Added: Mar 25
Changed: Oct 6
Last Checked: Oct 5 at 5:49PM
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 4,161 SF professional office space, with an additional 539 SF Mezzanine, is located in a highly accessible area of Ocala. The space is suitable for medical, professional, or administrative use, featuring a functional layout with a mix of private and collaborative areas. The office includes a lobby and reception area, five procedure rooms, two private offices, and three larger open work areas suitable for bullpen-style operations, training, or specialty use. A large conference room is available for meetings and presentations. Additional amenities include an IT room, a break room, and two ADA-compliant restrooms. The layout offers flexibility for professional office, wellness, therapy, or corporate office users. The space can be adapted to suit an owner-user or investor’s needs. Located on SW 34th Street, the property benefits from convenient access to major Ocala corridors, nearby retail, medical, and residential areas.
Key Highlights
- 4,161 ± SF professional office with an additional 539 ± SF Mezzanine.
- Strategically located on SW 34th Street with convenient access to major corridors.
- Functional layout ideal for medical, professional, or administrative users.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,605
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$992,100
$992.1K
Cap Rate 7%
$708,643
$708.6K
Cap Rate 9%
$551,167
$551.2K
Market Conditions
NOI Build-Up for 4,161 SF
Gross rent
$92.4K $22.20/SF
− Vacancy
−$9.7K −$2.33/SF
EGI
$82.7K $19.87/SF
− OpEx
−$33.1K −$7.95/SF
NOI
$49.6K $11.92/SF
Area
Marion County, FL
Vacancy
10.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$992,100
Cap Rate 7%
$708,643
Cap Rate 9%
$551,167
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.79M
NOI $107,604 @ 7.0% cap · market cap 12.66%
Second Best
Healthcare Medical
$708.6K
$620.1K – $826.8K
NOI $49,605 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $159,055 @ 7.0% cap · market cap 18.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,402
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34474, FL
17,781
Population
9,207
Households
1.9
Avg Household Size
41
Median Age
31%
College-Educated
93%
High-School Grad
21.0 sq mi
ZIP Area
847
Density / Sq Mi
$62,150
Median Household Income
$36,422
Median Earnings
$1,605
Median Rent
$177,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 4,161 SF professional office space in a highly accessible location.
Where is this medical office space located?
The property is located at 3235 SW 34TH 102 Ocala, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,161 ± SF professional office with an additional 539 ± SF Mezzanine.; Strategically located on SW 34th Street with convenient access to major corridors.; Functional layout ideal for medical, professional, or administrative users.
