Mixed-Use Office
New
For Sale
$992,000
434 SW 14TH, Ocala, FL 34471
Office suites and a private upper-level residence create an integrated live-work configuration.
Property Size6,152 SF
Days on Market3
Property Features for 434 SW 14TH
General Information
Standard status
Active
Size
6,152 SF
Property subtype
Commercial
Zoning
B1A
Taxes and HOA fees
Annual Taxes
$9,072
Building Details
Building Size
6,152 SF
Year Built
1999
Buildings
1
Stories
2
Listing Agency:
Southern Associates Realty LLC
Listed By:
David Moore · License #3304995
(352) 877-3099
Source:
Elliman
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 3 at 2:11AM
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 Southern Associates Realty LLC
Investment Insights
Based on property information with market context.
This mixed-use property combines professional space on the main floor with a private residence above. The office layout includes multiple private offices, a conference area, and reception space. The upper-level residence has 5 bedrooms. The property contains approximately 6,776 square feet and was built in 1999.
Zoned B1A, the property is in Ocala’s professional corridor, minutes from downtown, hospitals, government offices, and major business centers. A separate vacant lot directly across the street is also available and may be used for additional parking; it is offered for an additional amount.
Zoned B1A, the property is in Ocala’s professional corridor, minutes from downtown, hospitals, government offices, and major business centers. A separate vacant lot directly across the street is also available and may be used for additional parking; it is offered for an additional amount.
Key Highlights
- Approximately 6,776 SF across office and residential space
- B1A zoning
- Main‑level offices, conference area, and reception space
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
$77,259
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
7.79%
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%
$1,545,180
$1.5M
Cap Rate 7%
$1,103,700
$1.1M
Cap Rate 9%
$858,433
$858.4K
Market Conditions
NOI Build-Up for 6,152 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
$135.1K $21.96/SF
− Vacancy
−$11.5K −$1.87/SF
EGI
$123.6K $20.09/SF
− OpEx
−$46.4K −$7.54/SF
NOI
$77.3K $12.56/SF
Area
Marion County, FL
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
37.50%
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%
$1,545,180
Cap Rate 7%
$1,103,700
Cap Rate 9%
$858,433
Alternative Uses
Best Use
Office B
$2.27M
$1.99M – $2.65M
NOI $159,091 @ 7.0% cap · market cap 16.04%
Second Best
Mixed Use
$1.10M
$965.7K – $1.29M
NOI $77,259 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $235,162 @ 7.0% cap · market cap 23.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
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?
Mixed-use property - Office suites and a private upper-level residence create an integrated live-work configuration.
Where is this mixed-use property located?
The property is located at 434 SW 14TH Ocala, FL.
What is the asking price?
The asking price for this property is $992,000.
What are key features of this property?
This property features: Approximately 6,776 SF across office and residential space; B1A zoning; Main‑level offices, conference area, and reception space
