Mixed-Use Property with
New
For Sale
$249,000
1801 NE 14TH, Ocala, FL 34470
M1 zoning accompanies a residence, warehouse, covered canopy, and detached garage on one parcel.
Property Size729 SF
Lot Size1.33 Acres
Days on Market2
Property Features for 1801 NE 14TH
General Information
Standard status
Active
Size
729 SF
Lot size
1.33 Acres
Property subtype
Industrial
Zoning
M1
Additional Details
Warehouse Space
1,464 SF
Taxes and HOA fees
Annual Taxes
$3,127
Amenities
refrigerator
stove
microwave
dishwasher
window-unit A/C
washer/dryer hookup
Building Details
Building Size
729 SF
Year Built
1967
Buildings
3
Units
3
Listing Agency:
RE/MAX FOXFIRE - HWY 40
Listed By:
Dave Gibas · License #3610595
(352) 390-7904
Source:
Elliman
Added: Sep 26
Last Checked: Sep 26 at 2:24PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,155
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
