Multi-Building Flex Warehouse
1706 N MAGNOLIA Avenue Ocala, FL 34475
For Sale
$1,275,000
COMMERCIAL - OCALA, FL
Property Size10,985 SF
Lot Size0.95 Acres
Price / SF$116.07
Days on Market117
Property Features for 1706 N MAGNOLIA Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B4
- Standard status
- Active
- APN
- 25792-000-00
- Size
- 10,985 SF
- Lot size
- 0.95 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SEC 07 TWP 15 RGE 22 PLAT BOOK A PAGE 166 THE CENTRAL LAND CO S REVISED PLAT OF MARION HEIGHTS BLK 1 LOTS 4.5.6.7.8.9 EX S 23 FT OF E 150 FT EXC COM SE COR OF NE 1/4 TH N 00-16-20 E 1062.89 FT TH N 89-55-52 W 41.14 FT TO POB SAID PT BEING ON THE ARC OF A CIRCULAR CURVE CONCAVE SWLY TH N 89-55-52 W 2.55 FT TO A PT ON A CIRCULAR CURVE CONCAVE SWLY HAVING A RADIUS OF 729 FT AND A CENTRAL ANGLE OF 12-22-11 TH NWLY ALONG THE ARC OF SAID CURVE AN ARC DISTANCE 157.39 FT SUBTENDED BY A CHORD BEARING AND DISTANCE OF N 17-49-09 W 157.08 FT TO A PT ON THE N BDY LINE OF LOT 4 BLK 1 TH S 89-54-31 E 2.74 FT TO A PT ON W ROW LINE SAID PT BEING ON THE ARC OF A CIR- CULAR CURVE CONCAVE SWLY HAVING A RADIUS OF 731.50 FT AND A CENTRAL ANGLE OF 12-19-14 TH SEL
- Tax Annual Amount
- 11460
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Building materials
- Block
Listing Agency:
GUS GALLOWAY REALTY INC
(352) 622-8127
Listed By:
Charles White · License #3361501
(727) 207-8292
Added: Mar 30
Changed: Jul 20
Last Checked: Jul 24 at 11:06PM
MLS# OM721785
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Multi-building flex retail/warehouse property offered across three separate buildings totaling 10,985+/- SF on approximately 0.95 acres. The site is zoned B-4 and includes a range of unit sizes and configurations, with each building combining office and warehouse components.
Building 100 totals 2,805+/- SF and features approximately 900+/- SF of office/showroom space with the remainder dedicated to warehouse space, serviced by a grade-level roll-up door. Building 200 totals 3,080+/- SF and is divided into three equal units, each with a small office, restroom, primarily warehouse space, and one grade-level roll-up door per unit. Building 300 totals 5,100+/- SF and includes one 3,000+/- SF unit and two 1,050+/- SF units, all with roll-up doors and varying office/bathroom layouts.
The property is presented with a level of vacancy, supporting both owner-user occupancy of a portion of the space and investor options to lease remaining space. Access is described as quick to US 441/301 and US 27.
Building 100 totals 2,805+/- SF and features approximately 900+/- SF of office/showroom space with the remainder dedicated to warehouse space, serviced by a grade-level roll-up door. Building 200 totals 3,080+/- SF and is divided into three equal units, each with a small office, restroom, primarily warehouse space, and one grade-level roll-up door per unit. Building 300 totals 5,100+/- SF and includes one 3,000+/- SF unit and two 1,050+/- SF units, all with roll-up doors and varying office/bathroom layouts.
The property is presented with a level of vacancy, supporting both owner-user occupancy of a portion of the space and investor options to lease remaining space. Access is described as quick to US 441/301 and US 27.
Key Highlights
- 10,985+/- SF flex retail/warehouse property across three buildings on N Magnolia Ave in Ocala.
- Approximately 0.95 acres zoned B‑4, allowing a broad mix of retail, service, and light industrial uses.
- Building 100: 2,805+/- SF with 900+/- SF office/showroom plus warehouse served by a grade‑level roll‑up door.
Financial Insights For Flex RnD
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 | $151.6k | $13.80 |
| − Vacancy | −$11.8k | −$1.08 |
| EGI | $139.8k | $12.72 |
| − OpEx | −$48.9k | −$4.45 |
| NOI | $90.8k | $8.27 |
10,985 SF · lease $13.80/SF/yr · vacancy 7.80% · expense 35.00%
Alternative Uses
Best Use
Office B
$4.06M
$3.55M – $4.73M
NOI $284,073 @ 7.0% cap · market cap 22.28%
Second Best
Warehouse
$2.19M
$1.91M – $2.55M
NOI $153,017 @ 7.0% cap · market cap 12.00%
Theoretical Best
Office A
$6.00M
$5.25M – $7.00M
NOI $419,905 @ 7.0% cap · market cap 32.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Affordable Glass Mirror ...
General Contractor
Alan Lindsey Roofing
Roofing Company
Similar Off Market Nearby
- Beckwith Catering — 809 N Magnolia Ave, Ocala, FL 34475
- Island Vibes Island Life — 641 NE 20th St apt A, Ocala, FL 34470
FAQs
What type of property is this?
Flex space - Flex retail and warehouse space across three buildings with roll-up doors and office/showroom components.
Where is this flex space located?
The property is located at 1706 N MAGNOLIA Avenue Ocala, FL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 10,985+/- SF flex retail/warehouse property across three buildings on N Magnolia Ave in Ocala.; Approximately 0.95 acres zoned B‑4, allowing a broad mix of retail, service, and light industrial uses.; Building 100: 2,805+/- SF with 900+/- SF office/showroom plus warehouse served by a grade‑level roll‑up door.
