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Flex Industrial Facility with Yard
For Sale
$925,000

1137 Southwest 7th Road, Ocala, FL 34471

Flex/industrial building includes office, a data center, warehouse, and fenced yards with dock and roll-up door.

Property Size5,600 SF
Lot Size0.90 Acres
Price / SF$165.18
Days on Market146

Property Features for 1137 Southwest 7th Road

General Information

Standard status Active
Size 5,600 SF
Lot size 0.90 Acres
Property subtype Industrial
Zoning M1

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Dock-High Doors 1

Building Details

Building Size 5,600 SF
Year Built 1950
Listing Agency: NAI HERITAGE, LLC
Listed By: Randy Buss, CCIM, SIOR · License #FL #BK3105657
Source: Naiheritage
Added: Apr 10 Changed: Aug 26 Last Checked: Sep 1 at 5:13PM

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 NAI HERITAGE, LLC

Investment Insights

Based on property information with market context.

This flex/industrial facility combines office, data-oriented space, and warehouse functionality in one building. The property includes approximately 2,600 SF of office space with roughly 1,000 SF designated as a data center, plus about 3,000 SF of warehouse space accessed by a 10’ x 11’ roll-up door and a 3’ truck dock. The facility also features a 22KW standby generator for backup power and offers secure outdoor space with fully fenced yard areas.

The site is positioned in the established industrial corridor of Ocala and includes two fully fenced parcels totaling approximately 0.49 acres and 0.41 acres for a primary yard and an adjacent satellite yard. The rear of the property is adjacent to a CSX rail line and includes a rear platform. City water is available alongside on-site septic.

Flex occupancy is available either partially or fully on or before 10/1/26. The property is currently offered for sale, with an additional lease listing referenced in the remarks.

Key Highlights

  • ±5,600 SF flex/industrial facility with office, data infrastructure, warehouse, and secure outdoor yard
  • ±2,600 SF office includes ±1,000 SF data center
  • ±3,000 SF warehouse with 10’ x 11’ roll‑up door and 3’ truck dock

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,006
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.43%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,560,120 $1.6M
Cap Rate 7%
$1,114,371 $1.1M
Cap Rate 9%
$866,733 $866.7K
Market Conditions
NOI Build-Up for 5,600 SF 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.
Gross rent
$96.1K $17.16/SF
− Vacancy
−$4.3K −$0.77/SF
EGI
$91.8K $16.39/SF
− OpEx
−$13.8K −$2.46/SF
NOI
$78.0K $13.93/SF
Area
Marion County, FL
Vacancy
4.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,560,120
Cap Rate 7%
$1,114,371
Cap Rate 9%
$866,733

Alternative Uses

Best Use
Warehouse
$1.11M
$975.1K – $1.30M (±1% cap)
NOI $78,006 @ 7.0% cap · market cap 8.43%
Second Best
Industrial
$917.7K
$803.0K – $1.07M (±1% cap)
NOI $64,240 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M (±1% cap)
NOI $214,062 @ 7.0% cap · market cap 23.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Homeland Optical Technology Telecommunications Service

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Locksmith Cosmetic Store Cafe & Coffee Shop Restaurant

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

1
Dock-high doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,263
Businesses Nearby
Well-served
Demand for This Use

Demographics for 34471, FL

27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex/industrial building includes office, a data center, warehouse, and fenced yards with dock and roll-up door.
Where is this flex space located?
The property is located at 1137 Southwest 7th Road Ocala, FL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: ±5,600 SF flex/industrial facility with office, data infrastructure, warehouse, and secure outdoor yard; ±2,600 SF office includes ±1,000 SF data center; ±3,000 SF warehouse with 10’ x 11’ roll‑up door and 3’ truck dock
More about this property
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