Mixed-Use Building with Gated
1726 N MAGNOLIA AVE, Ocala, FL 34475
For Sale
$1,799,950
B-5 zoning and a combination of office and warehouse areas support varied commercial operations.
Property Size13,560 SF
Lot Size1.77 Acres
Price / SF$132.74
Days on Market522
Property Features for 1726 N MAGNOLIA AVE
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Fenced Yard
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
GUS GALLOWAY REALTY INC
Listed By:
Nolan Galloway, III · License #3057213
(352) 622-8127
Source:
Ansonproperties
Added: Jun 6, 2025
Changed: Oct 29
Last Checked: Nov 8 at 6:33AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 13,560-square-foot mixed-use property sits on 1.77 acres and combines office space with warehouse areas. Multiple roll-up doors serve the building, and a gated fence encloses the yard. The roof has been replaced, and the structure was built in 1974. B-5 Heavy Business zoning applies.
Located on North Magnolia Avenue in Ocala, the property is minutes from downtown and has access to US-301, US-441, and I-75. It is offered vacant or with income in place, with the option to configure the space for one tenant or multiple tenants.
Located on North Magnolia Avenue in Ocala, the property is minutes from downtown and has access to US-301, US-441, and I-75. It is offered vacant or with income in place, with the option to configure the space for one tenant or multiple tenants.
Key Highlights
- 13,560‑square‑foot building on 1.77 acres
- B‑5 Heavy Business zoning
- Combination of office and warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,553
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,111,060
$3.1M
Cap Rate 7%
$2,222,186
$2.2M
Cap Rate 9%
$1,728,367
$1.7M
Market Conditions
NOI Build-Up for 13,560 SF
Gross rent
$232.7K $17.16/SF
− Vacancy
−$10.5K −$0.77/SF
EGI
$222.2K $16.39/SF
− OpEx
−$66.7K −$4.92/SF
NOI
$155.6K $11.47/SF
Area
Marion County, FL
Vacancy
4.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,111,060
Cap Rate 7%
$2,222,186
Cap Rate 9%
$1,728,367
Alternative Uses
Best Use
Warehouse
$2.70M
$2.36M – $3.15M
NOI $188,886 @ 7.0% cap · market cap 10.49%
Second Best
Mixed Use
$2.43M
$2.13M – $2.84M
NOI $170,292 @ 7.0% cap · market cap 9.46%
Theoretical Best
Office A
$7.40M
$6.48M – $8.64M
NOI $518,335 @ 7.0% cap · market cap 28.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Explore this area
Business Placement
Demographics for 34475, FL
14,780
Population
5,668
Households
2.6
Avg Household Size
38
Median Age
13%
College-Educated
84%
High-School Grad
27.8 sq mi
ZIP Area
532
Density / Sq Mi
$33,515
Median Household Income
$24,854
Median Earnings
$871
Median Rent
$170,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - B-5 zoning and a combination of office and warehouse areas support varied commercial operations.
Where is this mixed-use property located?
The property is located at 1726 N MAGNOLIA AVE Ocala, FL.
What is the asking price?
The asking price for this property is $1,799,950.
What are key features of this property?
This property features: 13,560‑square‑foot building on 1.77 acres; B‑5 Heavy Business zoning; Combination of office and warehouse space
