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    Ocala Commercial Acreage Opportunity Title is generated by Realmo AI

    206 Northeast 9th Street, Ocala, FL 34470

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    For Sale
    $2,490,000

    7.65 acres with five buildings in historic Ocala.

    Type:Industrial
    Property size:
    25,869 SF
    Lot size:
    7.65 Acres
    Price / SF:
    $96/SF
    Added:
    Mar 6, 2026
    Days on Market:
    88
    Last Refresh:
    Apr 6 at 12:21 am

    Property Features for 206 Northeast 9th Street

    General Information

    Standard status
    Active
    Size
    25,869 SF
    Lot size
    7.65 Acres
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Bartow McDonald IV

    Listing agent Bartow McDonald IV License ##SL3591852

    Listing office

    Listing date Mar 6, 2026

    Source Svn

    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 Bartow McDonald IV

    HighLights

    • Rare opportunity: 7.65 commercial acres in downtown Ocala area.
    • Zoned M‑2 (Medium Industrial), ideal for various industrial uses.
    • Features five buildings totaling 25,869sf, including warehouse and office spaces.
    • Located next to Tuscawilla Park and the City's Performing Arts Theater.
    • CSX rail borders the property's eastern boundary.
    • Proximity to Interstate 75 provides easy access to Orlando and other areas.

    Overview

    This 7.65-acre commercial property, currently operating as a metal scrapyard, is situated next to Ocala's Tuscawilla Park and the City's Performing Arts Theater. The property comprises two parcels and includes five buildings totaling 25,869 square feet: a 16,047-square-foot warehouse built in 1945, a 5,950-square-foot warehouse built in 2013, a 2,216-square-foot warehouse built in 1959, a 1,056-square-foot office built in 1955, and a 600-square-foot office built in 1945. The current zoning is M-2 (Medium Industrial) with Low Intensity Land Use. The property's eastern boundary borders CSX rail. Ocala is located along Interstate 75 in North Central Florida, one hour north of Orlando. Marion County offers a high quality of life and a relatively low cost of living, with quality healthcare and low housing costs. The area features over 1500 horse farms and green space. Both coasts are within a one-hour drive, and the Ocala National Forest provides thousands of acres of forest, trails, lakes, and rivers. Marion County has a diverse economy, blending horse farms and agricultural interests with various business sectors.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.2626
    Latitude
    29.1767

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    FAQs

    What type of property is this?
    Industrial property - 7.65 acres with five buildings in historic Ocala.
    Where is this industrial property located?
    The property is located at 206 Northeast 9th Street Ocala, FL.
    What is the asking price?
    The asking price for this property is $2,490,000.
    What are key features of this property?
    This property features: Rare opportunity: 7.65 commercial acres in downtown Ocala area.; Zoned M‑2 (Medium Industrial), ideal for various industrial uses.; Features five buildings totaling 25,869sf, including warehouse and office spaces.
    (352) 274-3800
    We can help!
    Listing Contact
    Bartow McDonald IV
    Real Estate License ID: #SL3591852
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    206 Northeast 9th Street, Ocala, FL 34470
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