For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Industrial Building Near Ocala Airport Title is generated by Realmo AI

    3398 SW 74TH Ave, Ocala, FL 34474

    View on Map
    Claim this Listing
    For Sale
    $1,298,000

    Industrial building with expansion potential near Ocala International Airport.

    Type:Industrial
    Property size:
    5,350 SF
    Lot size:
    0.65 Acres
    Price / SF:
    $242/SF
    Added:
    Apr 24, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 24 at 3:33 pm

    Property Features for 3398 SW 74TH Ave

    General Information

    Standard status
    Active
    Size
    5,350 SF
    Lot size
    0.65 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    Chuck Bortz, Jr

    Listing agent Chuck Bortz, Jr

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Chuck Bortz, Jr

    HighLights

    • Prime Location: Near Ocala International Airport and in excellent proximity to the World Equestrian Center.
    • Dual‑Occupancy Potential: Configured as two separate units, each with its own office, restroom, and utilities.
    • Expansion Potential: Situated on 4.39 acres with additional land for future development.
    • Drive‑Through Bays: Multiple 12' x 12' overhead doors in each bay, ideal for drive‑through needs.
    • Substantial Covered Space: Features a large covered metal awning (20' x 75') and a 25' x 25' carport.
    • Freestanding Building: Located in the established Airport Industrial Park.

    Overview

    Located in the Airport Industrial Park, this freestanding industrial building offers a commercial property with additional land and expansion potential. Situated just off SW 38th Street at 3398 SW 74th Avenue, the property sits on 0.65 acres with paved asphalt access. It is in proximity to the Ocala International Airport and approximately 10 minutes from the World Equestrian Center. The 5350 sq. ft. building is configured as two separate units, each with its own office, restroom, and utilities. The property is suited for an owner-user, contractor headquarters, or investment property with dual-occupancy potential. The building features concrete block construction and a slab foundation, with an interior bay height of 14 feet and a freshly painted exterior. Both bays include mezzanine storage areas. Each bay has front and rear 12' x 12' overhead doors, front and rear man doors, and a front window. The right bay also includes an additional 12' x 12' overhead door in front and a 12' x 8' door in the rear. A large covered metal awning, approximately 20' x 75', at the rear of the building provides covered space for equipment staging, covered loading, material storage, and outdoor workspace. Additionally, a 25' x 25' carport structure offers additional covered storage or parking. Each unit operates independently with separate electric and water meters, 110 & 220 single-phase electric, public water supply, and a septic sewer system.

    Local 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 $91.8k $17.16
    − Vacancy −$4.1k −$0.77
    EGI $87.7k $16.39
    − OpEx −$13.2k −$2.46
    NOI $74.5k $13.93
    5,350 SF · lease $17.16/SF/yr · vacancy 4.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.06M
    $931.6K – $1.24M (±1% cap)
    NOI $74,524 @ 7.0% cap · market cap 5.74%
    Second Best
    Industrial
    $876.7K
    $767.2K – $1.02M (±1% cap)
    NOI $61,372 @ 7.0% cap · market cap 4.73%
    Theoretical Best
    Office A
    $2.92M
    $2.56M – $3.41M (±1% cap)
    NOI $204,505 @ 7.0% cap · market cap 15.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Marion Auto Top ... Auto Repair Shop

    Suggested Use

    Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Department Store HVAC Service Kitchen & Bath Showroom Bar & Pub Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.2423924
    Latitude
    29.1545537

    FAQs

    What type of property is this?
    Flex space - Industrial building with expansion potential near Ocala International Airport.
    Where is this flex space located?
    The property is located at 3398 SW 74TH Ave Ocala, FL.
    What is the asking price?
    The asking price for this property is $1,298,000.
    What are key features of this property?
    This property features: Prime Location: Near Ocala International Airport and in excellent proximity to the World Equestrian Center.; Dual‑Occupancy Potential: Configured as two separate units, each with its own office, restroom, and utilities.; Expansion Potential: Situated on 4.39 acres with additional land for future development.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message