Multi-Tenant Flex Industrial
For Sale
$1,300,000
4460 SE 53RD AVENUE, Ocala, FL 34480
Stabilized flex/industrial property with three tenants and heavy commercial zoning on a busy east-west corridor.
Property Size8,100 SF
Lot Size0.81 Acres
Price / SF$160.49
Days on Market96
Property Features for 4460 SE 53RD AVENUE
General Information
Standard status
Active
Size
8,100 SF
Lot size
0.81 Acres
Property subtype
Commercial
Zoning
B5
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$13,025
Building Details
Building Size
8,100 SF
Year Built
2001
Tenancy
Multi
Listing Agency:
WIECHENS REALTY INC
(352) 817-6474
Listed By:
Sandon Wiechens · License #0614535
(352) 817-6474
Source:
Mbifloridarealty
Added: May 21
Changed: Aug 23
Last Checked: Aug 23 at 6:01AM
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 WIECHENS REALTY INC
Investment Insights
Based on property information with market context.
This stabilized, multi-tenant investment property includes a well-maintained 8,100 SF building designed for flex/industrial use. The structure is constructed of concrete block with pre-finished metal exterior components covered by stucco, supporting durability and low-maintenance ownership. The site is fully fenced and sits on approximately 0.81± acres, providing an established setting for day-to-day operations.
The property is located along busy SE Maricamp Road / Highway 464 in the Ocala market, benefiting from frontage and visibility along one of the area’s primary east-west commercial corridors. Walk score and bike score indicate a car-dependent environment, with minimal transit activity.
With three established tenants in place, the property is positioned for an investor or owner-operator seeking a stabilized income-producing asset with lower operating overhead. The site is zoned B-5 Heavy Commercial, which supports a wide variety of commercial uses and offers flexibility for future tenanting within the existing corridor demand.
The property is located along busy SE Maricamp Road / Highway 464 in the Ocala market, benefiting from frontage and visibility along one of the area’s primary east-west commercial corridors. Walk score and bike score indicate a car-dependent environment, with minimal transit activity.
With three established tenants in place, the property is positioned for an investor or owner-operator seeking a stabilized income-producing asset with lower operating overhead. The site is zoned B-5 Heavy Commercial, which supports a wide variety of commercial uses and offers flexibility for future tenanting within the existing corridor demand.
Key Highlights
- Stabilized multi‑tenant investment property with 8,100 SF and 3 established tenants
- Built in 2001; concrete block building with pre‑finished metal exterior components covered by stucco
- Located on approximately 0.81± acres with fully fenced site
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
$92,919
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
7.15%
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%
$1,858,380
$1.9M
Cap Rate 7%
$1,327,414
$1.3M
Cap Rate 9%
$1,032,433
$1.0M
Market Conditions
NOI Build-Up for 8,100 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
$139.0K $17.16/SF
− Vacancy
−$6.3K −$0.77/SF
EGI
$132.7K $16.39/SF
− OpEx
−$39.8K −$4.92/SF
NOI
$92.9K $11.47/SF
Area
Marion County, FL
Vacancy
4.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
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%
$1,858,380
Cap Rate 7%
$1,327,414
Cap Rate 9%
$1,032,433
Alternative Uses
Best Use
Industrial
$1.33M
$1.16M – $1.55M
NOI $92,919 @ 7.0% cap · market cap 7.15%
Second Best
Flex RnD
$957.0K
$837.4K – $1.12M
NOI $66,990 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$4.42M
$3.87M – $5.16M
NOI $309,625 @ 7.0% cap · market cap 23.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34480, FL
21,709
Population
9,864
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
35.2 sq mi
ZIP Area
617
Density / Sq Mi
$75,334
Median Household Income
$40,953
Median Earnings
$1,238
Median Rent
$248,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Stabilized flex/industrial property with three tenants and heavy commercial zoning on a busy east-west corridor.
Where is this flex space located?
The property is located at 4460 SE 53RD AVENUE Ocala, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Stabilized multi‑tenant investment property with 8,100 SF and 3 established tenants; Built in 2001; concrete block building with pre‑finished metal exterior components covered by stucco; Located on approximately 0.81± acres with fully fenced site
