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Walkable Office Unit

18 S MAGNOLIA Suite 5, Ocala, FL 34471

For Lease
$18,000/Mo CAM $200 /USD/MO

Compact suite in Downtown Ocala with FBC zoning that accommodates a range of uses.

Space Size252 SF
Property Size9,688 SF
Days on Market58

Property Features for 18 S MAGNOLIA Suite 5

General Information

Standard status Active
Size 252 SF
Net Rentable 252 SF
Property subtype Commercial
Zoning FBC
Lease Type Modified Gross

Space & Availability

Available Space 252 SF
Contiguous Space 252 SF
Space Use Office

Additional Details

CAM $200 /USD/MO
Public Transit Yes

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 FL #3349754
Source: Elliman
Added: Sep 16 Changed: Nov 3 Last Checked: Nov 10 at 9:27AM

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

Rey
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Investment Insights

Based on property information with market context.

Suite 5 at 18 S Magnolia provides approximately 252 square feet of office space within a building constructed in 1895. The property is offered under a modified gross lease structure, with the tenant responsible for base rent and CAM.

The office is located in Downtown Ocala, within walking distance of retail and dining options. WalkScore is 78, indicating a very walkable setting; BikeScore is 61, and TransitScore is 33. FBC zoning supports a multitude of uses, providing flexibility for an office occupant.

Key Highlights

  • Approximately 252 square feet of office space
  • FBC zoning allows for a multitude of uses
  • Located at 18 S Magnolia, Suite 5, in Downtown Ocala

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
View Realmo Analytics

Market

Lease Benchmarks for Ocala, FL

$73.99 /SF/Yr
Avg Asking Price
$1.49–$960 /SF/Yr
Price Range
7,012 SF
Avg Space Size

This space is priced 1058% above the average of $73.99 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Ocala, FL

$61.09 Jul
$44.98 Aug
$69.33 Sep
$73.45 Oct

Properties on Market for Office Units in Ocala

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Compact suite in Downtown Ocala with FBC zoning that accommodates a range of uses.
Where is this office unit located?
The property is located at 18 S MAGNOLIA Suite 5 Ocala, FL.
What is the lease rate?
The lease rate is $18,000/Mo.
What are key features of this property?
This property features: Approximately 252 square feet of office space; FBC zoning allows for a multitude of uses; Located at 18 S Magnolia, Suite 5, in Downtown Ocala
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