Industrial Warehouse for
2230 S PINE AVENUE Ocala, FL 34471
2230 S PINE AVENUE, Ocala, FL, 34471
$3,995,000
For Sale
$3,995,000
Industrial warehouse property available for purchase along S Pine Avenue in Ocala, suited for basic storage or light industrial use.
Property Size15,253 SF
Price / SF$261.92
Days on Market53
Property Features for 2230 S PINE AVENUE
General Information
- Standard status
- Active
- Size
- 15,253 SF
Building Details
- Year Built
- 1950
Listing Agency
Boyd Real Estate Group
(352) 817-0600
Listed by
Angie Lester · License #3020792
(352) 817-0600
Source
Evrealestate
Added: May 26 Checked: Jul 16 at 6:59 am
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 Boyd Real Estate Group
Investment Insights
Based on property information with market context.
The property is a warehouse/industrial building offered for sale. It is located at 2230 S Pine Avenue in Ocala, Florida, within Marion County.
Access is described from downtown Ocala by heading south on Pine Ave (State Road 441/301/27), with the site on the right just past the hospital district. The provided directions indicate straightforward arterial access for deliveries and local distribution.
Given the asset is presented as a warehouse/industrial property, it may fit businesses looking for on-site space for warehousing or light industrial operations. This listing package currently provides limited details on interior improvements or unit configuration, so prospective buyers should confirm building layout, clearance, and loading arrangements during due diligence.
Access is described from downtown Ocala by heading south on Pine Ave (State Road 441/301/27), with the site on the right just past the hospital district. The provided directions indicate straightforward arterial access for deliveries and local distribution.
Given the asset is presented as a warehouse/industrial property, it may fit businesses looking for on-site space for warehousing or light industrial operations. This listing package currently provides limited details on interior improvements or unit configuration, so prospective buyers should confirm building layout, clearance, and loading arrangements during due diligence.
Key Highlights
- Industrial warehouse property available for purchase along S Pine Avenue in Ocala, Marion County
- Central Air cooling
- Built in 1950
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $261.7k | $17.16 |
| − Vacancy | −$11.8k | −$0.77 |
| EGI | $250.0k | $16.39 |
| − OpEx | −$37.5k | −$2.46 |
| NOI | $212.5k | $13.93 |
15,253 SF · lease $17.16/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.04M
$2.66M – $3.54M
NOI $212,469 @ 7.0% cap · market cap 5.32%
Second Best
Industrial
$2.50M
$2.19M – $2.92M
NOI $174,974 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$8.33M
$7.29M – $9.72M
NOI $583,050 @ 7.0% cap · market cap 14.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shangri La Motel
Hotel & Motel
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FAQs
What type of property is this?
Warehouse - Industrial warehouse property available for purchase along S Pine Avenue in Ocala, suited for basic storage or light industrial use.
Where is this warehouse located?
The property is located at 2230 S PINE AVENUE Ocala, FL.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Industrial warehouse property available for purchase along S Pine Avenue in Ocala, Marion County; Central Air cooling; Built in 1950
