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    Retail Front Warehouse Rear Flex Title is generated by Realmo AI

    2375 - 2393 SW College Road, Ocala, FL 34471

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    New
    For Lease
    $3 SF/Yr $299/Mo (calc)

    Front retail visibility paired with rear dead-storage warehouse space and offices, positioned on a high-traffic SR 200 corridor.

    Type:Retail
    Property size:
    1,026 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 3:03 am

    Property Features for 2375 - 2393 SW College Road

    General Information

    Standard status
    Active
    Size
    1,026 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1972

    Spaces For Lease

    at 2375 - 2393 SW College Road Contact us

    We can help!

    Listing Contact
    Randy Buss, CCIM, SIOR

    Listing agent Randy Buss, CCIM, SIOR License #FL #BK3105657

    Listing office NAI Heritage | Ocala

    Listing date Jun 2, 2026

    Source Naiheritage

    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 NAI Heritage | Ocala

    HighLights

    • For lease on SR 200/College Rd in Ocala with FDOT 2022 AADT of 37,500 cars per day
    • Includes 1,026 SF retail unit in the front building for lease
    • Rear building offers 8,520 SF mostly open dead‑storage warehouse space with 6 offices/storage rooms
    • Warehouse area includes two restrooms and is intended for dead storage only
    • Zoned B4; pylon sign available
    • Frontage across from Hobby Lobby (Marion County parcel ID 23550‑000‑00)

    Overview

    This property offers a combined front-and-rear configuration with a retail unit in the front building and a warehouse/flex space behind. The warehouse is mostly open and intended for dead storage, with six offices or storage rooms and two restrooms. The retail portion provides a dedicated frontage option within a single leasing opportunity.

    The site is located directly on SR 200/College Rd in Ocala and is described as a prime retail location with AADT of 37,500 cars per day (FDOT 2022). The property is across from Hobby Lobby and includes a pylon sign available. It is zoned B4.

    This setup can work well for tenants seeking street-facing retail presence while also maintaining secure, back-of-house dead storage with small office or storage support space. The combination of frontage and rear storage is typically attractive to operators who need one location to serve customers at the front while keeping inventory or materials controlled behind.
    Location Intelligence

    Current Use by Public Records

    Vinyl Oasis (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.1640555
    Latitude
    29.1706116

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    FAQs

    What type of property is this?
    Retail space - Front retail visibility paired with rear dead-storage warehouse space and offices, positioned on a high-traffic SR 200 corridor.
    Where is this retail space located?
    The property is located at 2375 - 2393 SW College Road Ocala, FL.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: For lease on SR 200/College Rd in Ocala with FDOT 2022 AADT of 37,500 cars per day; Includes 1,026 SF retail unit in the front building for lease; Rear building offers 8,520 SF mostly open dead‑storage warehouse space with 6 offices/storage rooms
    (352) 817-3860
    We can help!
    Listing Contact
    Randy Buss, CCIM, SIOR
    Real Estate License ID: FL #BK3105657
    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.

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