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Auto Shop With Paint Booth
For Sale
$550,000

236 NE 13TH Place, Ocala, FL 34470

Commercial Sale, OCALA, FL

Property Size1,404 SF
Lot Size0.38 Acres
Price / SF$391.74
Days on Market114

Property Features for 236 NE 13TH Place

General Information

Property type Commercial Sale
Property subtype Other
Zoning M1
Subdivision FLORIDA CENTRAL LAND CO SUB
Directions From Ocala north on NE Magnolia Ave. to NE 14th Street . Right to NE 3rd Ave. Right to NE 13th Pl. Property on SW corner.
Standard status Active
APN 26280-000-00
Size 1,404 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SEC 08 TWP 15 RGE 22 LOT 22.23.24 FLA CENT LAND CO SUB OF BK 1-2 ALLREDS SURVEY
Tax Annual Amount 1624
Legal Description SEC 08 TWP 15 RGE 22 LOT 22.23.24 FLA CENT LAND CO SUB OF BK 1-2 ALLREDS SURVEY

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

paint booth
office
window A/C
central air/heat
foamed insulation

Building Details

Year built 1953
Floors in Building 1
Building materials Vinyl Siding
Listing Agency: COLDWELL BANKER ELLISON REALTY O · Coldwell Banker Real Estate
Listed By: Zell Hall · License #530791
Added: Jun 18 Changed: Oct 1 Last Checked: Oct 9 at 3:06PM
MLS# OM726938

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 M1-zoned property includes an automotive work area, a professional paint booth, office space, and a residential home. The booth accommodates a pickup truck and has a fire-suppression system recently brought up to code. The home has been rebuilt with pressure-treated wood and foamed wall and attic insulation, and includes three bedrooms, two bathrooms, and central air and heat. The office has window A/C.

Located at 236 NE 13th Place in Ocala, the property covers 0.38 acres and has public water and public sewer. The source data reports 1,404 square feet of property size. Vinyl siding is listed among the construction materials.

Key Highlights

  • Professional paint booth accommodates a pickup truck
  • Fire‑suppression system recently brought up to code
  • Rebuilt 3‑bedroom, 2‑bath residential home

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,308
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,160 $726.2K
Cap Rate 7%
$518,686 $518.7K
Cap Rate 9%
$403,422 $403.4K
Market Conditions
NOI Build-Up for 1,404 SF
Gross rent
$52.7K $37.56/SF
− Vacancy
−$4.3K −$3.08/SF
EGI
$48.4K $34.48/SF
− OpEx
−$12.1K −$8.62/SF
NOI
$36.3K $25.86/SF
Area
Marion County, FL
Vacancy
8.20%
Lease Rate
$37.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,160
Cap Rate 7%
$518,686
Cap Rate 9%
$403,422

Alternative Uses

Best Use
Office B
$518.7K
$453.9K – $605.1K (±1% cap)
NOI $36,308 @ 7.0% cap · market cap 6.60%
Second Best
Retail
$504.5K
$441.4K – $588.6K (±1% cap)
NOI $35,313 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$766.7K
$670.9K – $894.5K (±1% cap)
NOI $53,668 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Butcher Bakery Storage Facility Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby
Well-served
Demand for This Use

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • TLC Machine Shop — 603 N Magnolia Ave, Ocala, FL 34470
  • Danny's Professional Auto Body — 507 n magnolia ave, ocala, fl 34475
  • ABC Body Shop — 825 N Magnolia Ave, Ocala, FL 34475
  • Mullins Automotive & Truck Service Center — 726 N Magnolia Ave, Ocala, FL 34475
  • Brick City Transmission — 726 N Magnolia Ave, Ocala, FL 34475

Frequently Asked Questions

What type of property is this?
Auto shop - M1-zoned property combines an automotive work area, compliant paint booth, and rebuilt residential home.
Where is this auto shop located?
The property is located at 236 NE 13TH Place Ocala, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Professional paint booth accommodates a pickup truck; Fire‑suppression system recently brought up to code; Rebuilt 3‑bedroom, 2‑bath residential home
More about this property
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