Mixed-Use Property with
1801 NE 14TH, Ocala, FL 34470
For Sale
$249,000
M1 zoning accompanies a residence, warehouse, covered canopy, and detached garage on one parcel.
Property Size729 SF
Lot Size1.33 Acres
Days on Market48
Property Features for 1801 NE 14TH
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Warehouse Space
Taxes and HOA fees
Annual Taxes
Amenities
refrigerator
stove
microwave
dishwasher
window-unit A/C
washer/dryer hookup
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
RE/MAX FOXFIRE - HWY 40
Listed By:
Dave Gibas · License FL #3610595
(352) 390-7904
Source:
Elliman
Added: Sep 26
Changed: Nov 3
Last Checked: Nov 10 at 9:41AM
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 RE/MAX FOXFIRE - HWY 40
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Investment Insights
Based on property information with market context.
This 1.33-acre mixed-use property in NE Ocala includes a 1,464-square-foot warehouse and a 725-square-foot unfinished canopy. A residence offers two bedrooms and one bathroom, with a kitchen equipped with a refrigerator, stove, microwave, and dishwasher; cooling is provided by window-unit A/C. The site also has a detached 20-by-22-foot garage with a washer and dryer hookup. Built in 1967, the warehouse was previously used as an auto repair shop.
The property is offered in AS-IS condition. Verify M1 zoning, permitted uses, and any permit requirements with the City of Ocala. The residence is also available for rent.
The property is offered in AS-IS condition. Verify M1 zoning, permitted uses, and any permit requirements with the City of Ocala. The residence is also available for rent.
Key Highlights
- 1.33 acres in NE Ocala with M1 zoning
- 1,464‑square‑foot warehouse and 725‑square‑foot unfinished canopy
- Two‑bedroom, one‑bath residence with refrigerator, stove, microwave, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,155
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,100
$203.1K
Cap Rate 7%
$145,071
$145.1K
Cap Rate 9%
$112,833
$112.8K
Market Conditions
NOI Build-Up for 729 SF
Gross rent
$12.5K $17.16/SF
− Vacancy
−$563 −$0.77/SF
EGI
$11.9K $16.39/SF
− OpEx
−$1.8K −$2.46/SF
NOI
$10.2K $13.93/SF
Area
Marion County, FL
Vacancy
4.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,100
Cap Rate 7%
$145,071
Cap Rate 9%
$112,833
Alternative Uses
Best Use
Warehouse
$145.1K
$126.9K – $169.3K
NOI $10,155 @ 7.0% cap · market cap 4.08%
Second Best
Mixed Use
$130.8K
$114.4K – $152.6K
NOI $9,155 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$398.1K
$348.3K – $464.4K
NOI $27,866 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 34470, FL
20,483
Population
10,121
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
13.4 sq mi
ZIP Area
1,529
Density / Sq Mi
$49,592
Median Household Income
$36,957
Median Earnings
$1,124
Median Rent
$171,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - M1 zoning accompanies a residence, warehouse, covered canopy, and detached garage on one parcel.
Where is this mixed-use property located?
The property is located at 1801 NE 14TH Ocala, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1.33 acres in NE Ocala with M1 zoning; 1,464‑square‑foot warehouse and 725‑square‑foot unfinished canopy; Two‑bedroom, one‑bath residence with refrigerator, stove, microwave, and dishwasher
