Fully Renovated Office
For Sale
Contact for pricing
2750 SE 17th St, Ocala, FL 34471
Fully renovated in 2024 with a versatile floor plan for office or medical use.
Property Size3,300 SF
Price / SF$257.58
Days on Market643
Property Features for 2750 SE 17th St
General Information
Standard status
Active
Size
3,300 SF
Property subtype
OFFICE
Building Details
Year Renovated
2024
Listing Agency:
Beau Broker Real Estate Group
(352) 208-9945
Listed By:
Beau Broker · License #BK3374764
(352) 361-2746
Source:
Moodyscre
Added: Dec 9, 2024
Changed: Aug 12
Last Checked: Sep 12 at 3:31AM
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 Beau Broker Real Estate Group
Investment Insights
Based on property information with market context.
This fully renovated modern office building offers a move-in-ready interior with updated interior and exterior finishes. The property provides a versatile floor plan and is supported by modern infrastructure and technology, designed to accommodate office or medical use. Professional landscaping and updated exterior improvements add to the overall curb appeal.
Located at 2750 SE 17th St in Ocala, FL, the building features ample parking and is positioned for convenient access in the local area. The property’s updated condition, flexible layout, and on-site parking make it well-suited for tenants seeking a ready-to-occupy space.
Located at 2750 SE 17th St in Ocala, FL, the building features ample parking and is positioned for convenient access in the local area. The property’s updated condition, flexible layout, and on-site parking make it well-suited for tenants seeking a ready-to-occupy space.
Key Highlights
- 3,300 SF modern building
- Fully renovated in 2024 with updated interior and exterior
- Versatile floor plan suited for office or medical use
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
$39,341
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
4.63%
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%
$786,820
$786.8K
Cap Rate 7%
$562,014
$562.0K
Cap Rate 9%
$437,122
$437.1K
Market Conditions
NOI Build-Up for 3,300 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
$73.3K $22.20/SF
− Vacancy
−$7.7K −$2.33/SF
EGI
$65.6K $19.87/SF
− OpEx
−$26.2K −$7.95/SF
NOI
$39.3K $11.92/SF
Area
Marion County, FL
Vacancy
10.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
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%
$786,820
Cap Rate 7%
$562,014
Cap Rate 9%
$437,122
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.42M
NOI $85,338 @ 7.0% cap · market cap 10.04%
Second Best
Healthcare Medical
$562.0K
$491.8K – $655.7K
NOI $39,341 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,143 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Fully renovated in 2024 with a versatile floor plan for office or medical use.
Where is this office building located?
The property is located at 2750 SE 17th St Ocala, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,300 SF modern building; Fully renovated in 2024 with updated interior and exterior; Versatile floor plan suited for office or medical use
