Mixed-Use Property with
New
For Sale
$249,000
1801 NE 14TH Avenue, Ocala, FL 34470
Commercial Sale, OCALA, FL
Property Size1,464 SF
Lot Size1.33 Acres
Price / SF$341.56
Days on Market4
Property Features for 1801 NE 14TH Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M1
Appliances
Dishwasher, Microwave, Refrigerator
Lot features
Corner Lot, Fire Hydrant, City Limits, Neighbourhood, Oversized Lot, Street Lights, Paved
Directions
From Silver Springs Blvd, go north on NE 8th Road. Turn right on NE 19th Street to the end of the road. Property is at the end of the road at the curve to the right.
Subdivision
34470 - Ocala
Standard status
Active
APN
26404-002-00
Size
729 SF
Lot size
1.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 09 TWP 15 RGE 22 PARCEL A: COM AT THE NW COR OF SEC 9 TH S 00-12-40 E 683.34 FT TH E 25 FT TO THE POB TH N 00-12-40 W 53.34 FT TH E 170.35 FT TH S 00-59-16 E 99.08 FT TH W 171.69 FT TH N 00-12-40 W 45.73 FT TO THE POB & PARCEL B: COM AT THE NW CO R OF SEC 9 TH S 00-12-40 E 683.34 FT TO THE POB TH CONT S 00-12-40 E 331.31 FT TO A PT BEING ON A CURVE CONCAVE SELY HAVING A RADIUS OF 2121.70 FT TH NELY ALONG ARC OF CURVE A CHORD BEARING & DISTANCE OF N 64-49-15 E 219.84 FT TH N 00-59-16 W 192.09 FT TH W 171.69 FT TH N 00-12-40 W 45.73 FT TH W 25 FT TO THE POB
Tax Annual Amount
3128
Legal Description
SEC 09 TWP 15 RGE 22 PARCEL A: COM AT THE NW COR OF SEC 9 TH S 00-12-40 E 683.34 FT TH E 25 FT TO THE POB TH N 00-12-40 W 53.34 FT TH E 170.35 FT TH S 00-59-16 E 99.08 FT TH W 171.69 FT TH N 00-12-40 W 45.73 FT TO THE POB & PARCEL B: COM AT THE NW CO R OF SEC 9 TH S 00-12-40 E 683.34 FT TO THE POB TH CONT S 00-12-40 E 331.31 FT TO A PT BEING ON A CURVE CONCAVE SELY HAVING A RADIUS OF 2121.70 FT TH NELY ALONG ARC OF CURVE A CHORD BEARING & DISTANCE OF N 64-49-15 E 219.84 FT TH N 00-59-16 W 192.09 FT TH W 171.69 FT TH N 00-12-40 W 45.73 FT TH W 25 FT TO THE POB
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1967
Floors in Building
1
Number of units
3
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Shingle
Additional Structures
Outbuilding
Listing Agency:
RE/MAX FOXFIRE - HWY 40
(352) 732-3344
Listed By:
Dave Gibas · License #3610595
(352) 390-7904
Added: Sep 24
Changed: Sep 27
Last Checked: Sep 27 at 8:06AM
MLS# OM731955
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 1.33-acre mixed-use property includes a 1,464-square-foot warehouse at the rear of the lot, plus an unfinished 725-square-foot canopy. The warehouse previously served as an auto repair shop. A separate two-bedroom, one-bath residence can function as office space or living quarters; its kitchen includes a refrigerator, stove, microwave, and dishwasher, and cooling is provided by window units. A detached 20-by-22-foot garage adds enclosed space, with a washer and dryer hookup. The residence is also available for rent.
The property is zoned M1 and is offered in its current AS-IS condition. Public water and sewer are available. Buyers should confirm zoning, allowed uses, and permit requirements with the City of Ocala.
The property is zoned M1 and is offered in its current AS-IS condition. Public water and sewer are available. Buyers should confirm zoning, allowed uses, and permit requirements with the City of Ocala.
Key Highlights
- 1.33‑acre property zoned M1
- 1,464‑square‑foot warehouse with a 725‑square‑foot unfinished canopy
- Two‑bedroom, one‑bath residence; available for rent
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
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
431
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A separate two-bedroom residence offers potential office or living space alongside the warehouse and detached garage.
Where is this mixed-use property located?
The property is located at 1801 NE 14TH Avenue 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‑acre property zoned M1; 1,464‑square‑foot warehouse with a 725‑square‑foot unfinished canopy; Two‑bedroom, one‑bath residence; available for rent
