Industrial Flex Space with
For Sale
$1,799,950
1726 N MAGNOLIA Avenue, Ocala, FL 34475
Commercial Sale, OCALA, FL
Property Size13,560 SF
Lot Size1.77 Acres
Price / SF$132.74
Days on Market493
Property Features for 1726 N MAGNOLIA Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B5
Directions
From Downtown Ocala head N on NE 1st Ave merge onto N Magnolia Ave, Follow until your reach the building on your left. There is no sign on the property.
Subdivision
34475 - Ocala
Standard status
Active
APN
25413-000-00
Size
13,560 SF
Lot size
1.77 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
SEC 07 TWP 15 RGE 22 COM AT PT 154.7 FT W & N 32-28 W 47.41 FT FROM SE COR OF NE 1/4 OF NE 1/4 TH N 32-28 W ALONG RWY OF DIXIE HWY 338.59 FT TH S 57-32 W 290 FT TH S 32-28 E 154.3 FT TH E 343.5 FT TO POB EXC COM AT THE NE COR OF NE 1/4 OF NE 1/4 TH S 00-16-20 E 1328.52 FT TH N 89-54-04 W 154.60 FT TH N 32-15-36 W 47.35 FT TO THE POB TH N 89-54-04 W 25 FT TH N 28-55-10 E 24.10 FT TH S 32-15-36 E 25 FT TO THE POB
Tax Annual Amount
15169
Legal Description
SEC 07 TWP 15 RGE 22 COM AT PT 154.7 FT W & N 32-28 W 47.41 FT FROM SE COR OF NE 1/4 OF NE 1/4 TH N 32-28 W ALONG RWY OF DIXIE HWY 338.59 FT TH S 57-32 W 290 FT TH S 32-28 E 154.3 FT TH E 343.5 FT TO POB EXC COM AT THE NE COR OF NE 1/4 OF NE 1/4 TH S 00-16-20 E 1328.52 FT TH N 89-54-04 W 154.60 FT TH N 32-15-36 W 47.35 FT TO THE POB TH N 89-54-04 W 25 FT TH N 28-55-10 E 24.10 FT TH S 32-15-36 E 25 FT TO THE POB
Building Details
Year built
1974
Floors in Building
1
Building materials
Block, Metal Frame, Metal Siding, Stucco
Listing Agency:
GUS GALLOWAY REALTY INC
(352) 622-8127
Listed By:
Nolan Galloway, III · License #BK3057213
(352) 572-9109
Added: Jun 6, 2025
Changed: Aug 24
Last Checked: Oct 11 at 6:06PM
MLS# OM703172
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.
This 13,560-square-foot flex property occupies 1.77 acres and includes a mix of office and warehouse space. Multiple roll-up doors support operational access, while the fully fenced and gated yard adds controlled outdoor area. A recently installed roof is another notable building improvement. Constructed in 1974, the structure uses block, metal frame, metal siding, and stucco materials.
The property is located in Ocala’s North Magnolia Business District, minutes from downtown. Access to US-301, US-441, and I-75 connects the site with the surrounding commercial area. B5 Heavy Business zoning supports logistics, manufacturing, storage, and service uses identified for the property.
The building can be configured for either single-tenant or multi-tenant occupancy and is offered vacant or income-producing, creating flexibility for an owner-user or investor.
The property is located in Ocala’s North Magnolia Business District, minutes from downtown. Access to US-301, US-441, and I-75 connects the site with the surrounding commercial area. B5 Heavy Business zoning supports logistics, manufacturing, storage, and service uses identified for the property.
The building can be configured for either single-tenant or multi-tenant occupancy and is offered vacant or income-producing, creating flexibility for an owner-user or investor.
Key Highlights
- 13,560 SF industrial building on 1.77 acres
- B5 Heavy Business zoning
- Multiple roll‑up doors with 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
Industrial
$2.22M
$1.94M – $2.59M
NOI $155,553 @ 7.0% cap · market cap 8.64%
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.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - B5-zoned property combines office and warehouse areas with a fenced, gated yard.
Where is this flex space located?
The property is located at 1726 N MAGNOLIA Avenue 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 SF industrial building on 1.77 acres; B5 Heavy Business zoning; Multiple roll‑up doors with office and warehouse space
