Multi-Tenant Commercial Income
For Sale
$2,250,000
3007 Ne Jacksonville Road OCALA, Ocala, FL 34479
Multi-tenant property includes self-storage, street-facing retail storefront space, and a warehouse with loading dock access.
Property Size12,718 SF
Price / SF$176.91
Days on Market45
Property Features for 3007 Ne Jacksonville Road OCALA
General Information
Standard status
Active
Size
12,718 SF
Zoning
B5
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$7,782
Amenities
Concrete
1
true
Trees
5.26
5
false
Paved
Slab
Street Paved,County Road,Divided Highway
12718
3
Public Maintained Road
Building Details
Building Size
12,718 SF
Year Built
1978
Buildings
3
Stories
1
Tenancy
Multi
Listing Agency:
(904) 569-5862
Listed By:
Yordan Polanco
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 4
Changed: Aug 16
Last Checked: Aug 16 at 9:57AM
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 Yordan Polanco
Investment Insights
Based on property information with market context.
This multi-tenant commercial property combines a stable self-storage operation with street-facing retail storefront space suitable for tenant or owner use. A convertible warehouse with loading dock access supports logistics and deliveries, adding to the property’s mixed-income structure.
The asset is situated on B-5 zoned land and includes additional adjacent B-2 zoned parcels. The property also features two billboards on-site, creating an added revenue component.
Offered for sale as a diversified, income-producing commercial investment, the combination of storage, retail, and warehouse-ready improvements provides multiple avenues for occupancy and use within a multi-parcel zoning framework.
The asset is situated on B-5 zoned land and includes additional adjacent B-2 zoned parcels. The property also features two billboards on-site, creating an added revenue component.
Offered for sale as a diversified, income-producing commercial investment, the combination of storage, retail, and warehouse-ready improvements provides multiple avenues for occupancy and use within a multi-parcel zoning framework.
Key Highlights
- Multi‑tenant commercial property with 3 buildings totaling 12,718 SF on a 5.26‑acre lot
- Includes stable self‑storage operation plus street‑facing retail storefront space for tenant or owner use
- Warehouse with loading dock access, plus convenient paved road frontage on a public maintained road
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
$177,157
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
7.87%
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%
$3,543,140
$3.5M
Cap Rate 7%
$2,530,814
$2.5M
Cap Rate 9%
$1,968,411
$2.0M
Market Conditions
NOI Build-Up for 12,718 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
$218.2K $17.16/SF
− Vacancy
−$9.8K −$0.77/SF
EGI
$208.4K $16.39/SF
− OpEx
−$31.3K −$2.46/SF
NOI
$177.2K $13.93/SF
Area
Marion County, FL
Vacancy
4.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
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%
$3,543,140
Cap Rate 7%
$2,530,814
Cap Rate 9%
$1,968,411
Alternative Uses
Best Use
Retail
$4.57M
$4.00M – $5.33M
NOI $319,875 @ 7.0% cap · market cap 14.22%
Second Best
Warehouse
$2.53M
$2.21M – $2.95M
NOI $177,157 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$6.94M
$6.08M – $8.10M
NOI $486,149 @ 7.0% cap · market cap 21.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Explore this area
Business Placement
Demographics for 34479, FL
14,127
Population
5,906
Households
2.4
Avg Household Size
42
Median Age
15%
College-Educated
88%
High-School Grad
17.9 sq mi
ZIP Area
789
Density / Sq Mi
$54,805
Median Household Income
$35,353
Median Earnings
$1,252
Median Rent
$190,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Multi-tenant property includes self-storage, street-facing retail storefront space, and a warehouse with loading dock access.
Where is this self storage facility located?
The property is located at 3007 Ne Jacksonville Road OCALA Ocala, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Multi‑tenant commercial property with 3 buildings totaling 12,718 SF on a 5.26‑acre lot; Includes stable self‑storage operation plus street‑facing retail storefront space for tenant or owner use; Warehouse with loading dock access, plus convenient paved road frontage on a public maintained road
