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Medical Office Building with Mezzanine
For Sale
$850,000

3235 SW 34TH STREET #102, Ocala, FL 34474

Professional office space with a mezzanine, lobby/reception, multiple ADA-compliant restrooms, and flexible private and open work areas.

Property Size4,700 SF
Price / SF$180.85
Days on Market133

Property Features for 3235 SW 34TH STREET #102

General Information

Standard status Active
Size 4,700 SF
Property subtype Commercial

Amenities

IT room
break room
ADA-compliant restrooms

Building Details

Building Size 4,700 SF
Year Built 2004
Listing Agency: GUS GALLOWAY REALTY INC
Listed By: Charles White · License #3361501
Source: Mbifloridarealty
Added: Mar 23 Changed: Jul 30 Last Checked: Aug 1 at 12:59PM

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 GUS GALLOWAY REALTY INC

Investment Insights

Based on property information with market context.

Professional medical office building with an additional mezzanine for expanded usable space. The suite includes a welcoming lobby and reception area, five procedure rooms, two private offices, and three larger open work areas that can support bullpen-style operations, training, or specialty use. A large conference room is included for meetings and presentations. Interior support spaces include an IT room and a break room, along with two ADA-compliant restrooms to serve staff and clients.

Built in 2004, the space is located at 3235 SW 34th Street #102 in Ocala and is positioned for convenient access to major Ocala corridors. The property benefits from surrounding retail, medical, and residential activity, supporting both employee commute convenience and client visitation.

The room mix and flexible layout are suited for medical, wellness, therapy, and other professional or administrative uses where a combination of private rooms and collaborative open areas is important.

Key Highlights

  • 4,161± SF professional office plus 539± SF mezzanine
  • Lobby and reception area plus large conference room
  • Five procedure rooms and two private offices

Financial Insights For Healthcare Medical

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 $104.3k $22.20
− Vacancy −$11.0k −$2.33
EGI $93.4k $19.87
− OpEx −$37.4k −$7.95
NOI $56.0k $11.92
4,700 SF · lease $22.20/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use
Office B
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,542 @ 7.0% cap · market cap 14.30%
Second Best
Healthcare Medical
$800.4K
$700.4K – $933.9K (±1% cap)
NOI $56,031 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$2.57M
$2.25M – $2.99M (±1% cap)
NOI $179,659 @ 7.0% cap · market cap 21.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dental Team Of Ocala Dental Office Fernandez Jessica M ... Dental Office Harmony United Psychiatric ... Physician Kids dentist Dental Office Stephanie Weingard Physician

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Daycare Center Kitchen & Bath Showroom Auto Parts Store

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

1,402
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34474, FL

17,781
Population
9,207
Households
1.9
Avg Household Size
41
Median Age
31%
College-Educated
93%
High-School Grad
21.0 sq mi
ZIP Area
847
Density / Sq Mi
$62,150
Median Household Income
$36,422
Median Earnings
$1,605
Median Rent
$177,800
Median Home Value

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

  • UF Pet Emergency Treatment Services, Ocala — 3200 SW 27th Ave # 103, Ocala, FL 34474
  • Banfield Pet Hospital — 3500 SW College Rd, Ocala, FL 34474

Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional office space with a mezzanine, lobby/reception, multiple ADA-compliant restrooms, and flexible private and open work areas.
Where is this medical office space located?
The property is located at 3235 SW 34TH STREET #102 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: 4,161± SF professional office plus 539± SF mezzanine; Lobby and reception area plus large conference room; Five procedure rooms and two private offices
More about this property
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