Flex Industrial Property with Solar
New
For Sale
$749,000
3347 SW 7TH St, Ocala, FL 34474
M-1 property combines professional offices, climate-controlled warehouse space, secure parking, and three-phase power.
Property Size4,240 SF
Price / SF$176.65
Days on Market3
Property Features for 3347 SW 7TH St
General Information
Standard status
Active
Size
4,240 SF
Total Parking Spaces
18
Property subtype
Industrial
Zoning
M-1
Site & Location
Highway Access
Yes
Public Transit
No
Fenced Yard
Yes
Utilities to Site
Yes
Warehouse & Industrial
Drive-In Doors
2
Three-Phase Power
Yes
Conditioned Warehouse
Yes
Amenities
reception area
private offices
conference room
guest restroom
employee lounge
staff restroom
solar system with battery backup
utility buyback program
Building Details
Building Size
4,240 SF
Year Built
1979
Listing Agency:
LPT Realty, LLC.
(352) 453-7935
Listed By:
Victoria Fraine
(352) 453-7935
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 10:00PM
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 LPT Realty, LLC.
Investment Insights
Based on property information with market context.
This 4,240-square-foot flex industrial property in Ocala’s State Road 40 Industrial Park combines professional office space with heated and cooled warehouse space. The office area includes a reception area, four private offices, a conference room, guest restroom, employee lounge, and staff restroom. The warehouse has two 8-foot ground-loading overhead doors, while the fully fenced property provides secure parking for approximately 18 vehicles.
The property includes three-phase power and a 22,000-watt solar system with battery backup capability. The solar system currently participates in the City of Ocala’s utility buyback program. Located one mile from I-75, the property has a 1979 construction year and is classified M-1.
The property includes three-phase power and a 22,000-watt solar system with battery backup capability. The solar system currently participates in the City of Ocala’s utility buyback program. Located one mile from I-75, the property has a 1979 construction year and is classified M-1.
Key Highlights
- 4,240‑square‑foot flex industrial property with office and heated/cooled warehouse space
- Two 8‑foot ground‑loading overhead doors
- Office layout includes reception, four private offices, conference room, two restrooms, and employee lounge
Financial Insights For Warehouse
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 | $72.8k | $17.16 |
| − Vacancy | −$3.3k | −$0.77 |
| EGI | $69.5k | $16.39 |
| − OpEx | −$10.4k | −$2.46 |
| NOI | $59.1k | $13.93 |
4,240 SF · lease $17.16/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.57M
$1.37M – $1.83M
NOI $109,647 @ 7.0% cap · market cap 14.64%
Second Best
Warehouse
$843.7K
$738.3K – $984.4K
NOI $59,062 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,075 @ 7.0% cap · market cap 21.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,184
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - M-1 property combines professional offices, climate-controlled warehouse space, secure parking, and three-phase power.
Where is this flex space located?
The property is located at 3347 SW 7TH St Ocala, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 4,240‑square‑foot flex industrial property with office and heated/cooled warehouse space; Two 8‑foot ground‑loading overhead doors; Office layout includes reception, four private offices, conference room, two restrooms, and employee lounge
