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Mixed-Use Plaza on 10.62 Acres
For Sale
$8,658,300

1601 NE 25th Ave, Ocala, FL 34470

86,011 SF mixed-use plaza on a 10.62 acre parcel.

Property Size86,011 SF
Lot Size10.62 Acres
Price / SF$100.67
Days on Market134

Property Features for 1601 NE 25th Ave

General Information

Standard status Active
Size 86,011 SF
Lot size 10.62 Acres
Property subtype Shopping Strip

Amenities

86,011 Rentable Square Foot Mixed-Use Plaza | Situated on Large 10.62 Acre Parcel
Heavy Value-Add Potential Through Lease-Up & Below Market Rent | 71% Occupied and Rents 40% Below Market on Average (Per Costar)
Currently Leased to 11 Tenants with Most Offering Annual Rent Increases
Priced Well Below Replacement Cost at $66/SF
Recent 24,050 SF Vacancy Offers Flexibility for New Anchor Tenant(s) or Subdividing and Pushing Rental Rates on Smaller Units
Strong Mix of Government, Medical & Retail Tenants
Recent Major Capital Expenditures Include: Interior Renovations for Tenant Renewals, 25% Roof Replacement, Parking Lot Seal & Stripe (See Agent for Further Details)
NE 25th Avenue and NE 14th Street Provide Great Access to Property

Building Details

Building Size 86,011 SF
Year Built 1986
Listing Agency: Marcus & Millichap - Orlando
Listed By: Ray Turchi · License #License(s): FL: BK3015549
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 8 Last Checked: Aug 8 at 2:54PM

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 Marcus & Millichap - Orlando

Investment Insights

Based on property information with market context.

This mixed-use plaza offers 86,011 rentable square feet and is situated on a large 10.62 acre parcel.

Key Highlights

  • 86,011 Rentable Square Feet
  • Mixed‑Use Plaza
  • Situated on 10.62 Acre Parcel

Property Analytics

Current Use

Skylark Plaza Business Service Center Preferred Pediatric Medical ... Medical Clinic Express Training Services ... Training Center Skylark Episcopal Children's ... Daycare Center AlaBAster Box Center ... Charitable Organization

Suggested Use

Top Pick Restaurant Building Supply Auto Parts Store Big Box & Wholesale Store Law Firm Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

685
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34470, FL

20,483
Population
10,121
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
13.4 sq mi
ZIP Area
1,529
Density / Sq Mi
$49,592
Median Household Income
$36,957
Median Earnings
$1,124
Median Rent
$171,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Chelsea Square 3227 E Silver Springs Blvd, Ocala, FL 34470
  • Forty East E Silver Springs Blvd, Ocala, FL 34470
  • Oakbrook Plaza 2704 NE 14th St, Ocala, FL 34470

Frequently Asked Questions

What type of property is this?
Shopping center - 86,011 SF mixed-use plaza on a 10.62 acre parcel.
Where is this shopping center located?
The property is located at 1601 NE 25th Ave Ocala, FL.
What is the asking price?
The asking price for this property is $8,658,300.
What are key features of this property?
This property features: 86,011 Rentable Square Feet; Mixed‑Use Plaza; Situated on 10.62 Acre Parcel
More about this property
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