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Office Unit with Modified Gross Lease
New
For Lease
$200/Mo Modified Gross

18 S MAGNOLIA Suite 4, Ocala, FL 34471

Compact office space with FBC zoning and walkable access to downtown retail and dining.

Space Size168 SF
Property Size9,688 SF
Days on Market4

Property Features for 18 S MAGNOLIA Suite 4

General Information

Standard status Active
Size 168 SF
Net Rentable 168 SF
Property subtype Commercial
Zoning FBC
Lease Type Modified Gross

Space & Availability

Available Space 168 SF
Contiguous Space 168 SF
Space Use Office

Additional Details

Total Rate $200

Taxes and HOA fees

Annual Taxes $29,594

Building Details

Building Size 9,688 SF
Year Built 1895
Listing Agency: Bravo's Properties & Management, LLC
Listed By: Mauro Bravo · License #3349754
Source: Elliman
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 18 at 9:04AM

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 Bravo's Properties & Management, LLC

Investment Insights

Based on property information with market context.

This office unit provides approximately 168 square feet within an established commercial building constructed in 1895. The space is offered under a modified gross lease structure, with the tenant responsible for base rent and CAM. FBC zoning supports a range of potential office-related uses, subject to applicable requirements.

The property is located at 18 S Magnolia, Suite 4, in Ocala, Florida. Retail and food options are within walking distance, supported by a Walk Score of 78 and a Bike Score of 61. Transit service is also available, reflected by a Transit Score of 33.

Key Highlights

  • Approximately 168 square feet of office space
  • Modified gross lease structure; tenant pays base rent plus CAM
  • FBC zoning allows for a multitude of uses

Property Analytics

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Current Use

Lofts On The Square Real Estate Agency 18 South Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Tanning Salon Florist Mobile Phone 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.

Lease Details

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,236
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Ocala, FL

$39.4 /SF/Yr
Avg Asking Price
$1.56–$254 /SF/Yr
Price Range
7,412 SF
Avg Space Size

This space is priced 64% below the average of $39.4 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Compact office space with FBC zoning and walkable access to downtown retail and dining.
Where is this office units located?
The property is located at 18 S MAGNOLIA Suite 4 Ocala, FL.
What is the lease rate?
The lease rate is $200/Mo.
What are key features of this property?
This property features: Approximately 168 square feet of office space; Modified gross lease structure; tenant pays base rent plus CAM; FBC zoning allows for a multitude of uses
More about this property
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