Retail Land with Fenced
3520 W Highway 326, Ocala, FL 34475
For Sale
$3,499,000
Zoned B-5 commercial site with a newly renovated, ADA-compliant 5,000 SF building and fenced, gated acreage.
Property Size5,700 SF
Lot Size3.96 Acres
Price / SF$613.86
Days on Market2326
Property Features for 3520 W Highway 326
General Information
Standard status
Size
Lot size
Zoning
Site & Location
Highway Access
Road Access
Fenced Yard
Additional Details
Opportunity Zone
Taxes and HOA fees
Annual Taxes
Listing Agency:
VANDERBILT REALTY LLC
Listed By:
Dominic Pallini · License FL #249516612
(239) 977-3700
Source:
Exprealty
Added: Jul 1, 2020
Changed: Oct 26
Last Checked: Nov 12 at 11:14AM
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 VANDERBILT REALTY LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a commercial land site totaling approximately 3.96 acres, improved by a roughly 5,000 SF building. The building is described as newly renovated and includes ADA-compliant rest rooms. The acreage is fenced and gated and is noted as partially cleared, providing an adaptable configuration for a variety of retail-supporting uses.
The site is located about a half mile from I-75 at exit 358 and sits at a high-traffic intersection. The property also has approximately 600 feet of road frontage, supporting visibility and convenient access from the roadway.
Zoned B-5 with many permitted uses, this offering can be a practical fit for retailers or other operators seeking a combination of an existing, renovated building and fenced, open land for operational needs. The combination of frontage, intersection positioning, and ADA-compliant amenities may help accommodate customer-facing requirements for a range of tenant types, subject to applicable use approvals.
The site is located about a half mile from I-75 at exit 358 and sits at a high-traffic intersection. The property also has approximately 600 feet of road frontage, supporting visibility and convenient access from the roadway.
Zoned B-5 with many permitted uses, this offering can be a practical fit for retailers or other operators seeking a combination of an existing, renovated building and fenced, open land for operational needs. The combination of frontage, intersection positioning, and ADA-compliant amenities may help accommodate customer-facing requirements for a range of tenant types, subject to applicable use approvals.
Key Highlights
- 3.96‑acre opportunity zone property about 1/2 mile from I‑75 at exit 358
- Includes a newly renovated 5,000 SF building on‑site
- ADA‑compliant rest rooms recently renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,363
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,867,260
$2.9M
Cap Rate 7%
$2,048,043
$2.0M
Cap Rate 9%
$1,592,922
$1.6M
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$211.4K $37.08/SF
− Vacancy
−$6.6K −$1.15/SF
EGI
$204.8K $35.93/SF
− OpEx
−$61.4K −$10.78/SF
NOI
$143.4K $25.15/SF
Area
Marion County, FL
Vacancy
3.10%
Lease Rate
$37.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,867,260
Cap Rate 7%
$2,048,043
Cap Rate 9%
$1,592,922
Alternative Uses
Best Use
Retail
$2.05M
$1.79M – $2.39M
NOI $143,363 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.11M
$2.72M – $3.63M
NOI $217,884 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34475, FL
14,780
Population
5,668
Households
2.6
Avg Household Size
38
Median Age
13%
College-Educated
84%
High-School Grad
27.8 sq mi
ZIP Area
532
Density / Sq Mi
$33,515
Median Household Income
$24,854
Median Earnings
$871
Median Rent
$170,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Storefront properties in Marion County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Zoned B-5 commercial site with a newly renovated, ADA-compliant 5,000 SF building and fenced, gated acreage.
Where is this storefront property located?
The property is located at 3520 W Highway 326 Ocala, FL.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: 3.96‑acre opportunity zone property about 1/2 mile from I‑75 at exit 358; Includes a newly renovated 5,000 SF building on‑site; ADA‑compliant rest rooms recently renovated
