Turnkey Freestanding
For Sale
$2,500,000
4714 Sw College Road OCALA, Ocala, FL 34474
Freestanding restaurant with a full commercial kitchen, bar, and 10+ hibachi stations, plus ample on-site parking.
Property Size5,976 SF
Price / SF$379.54
Days on Market55
Property Features for 4714 Sw College Road OCALA
General Information
Standard status
Active
Size
5,976 SF
Zoning
B2
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$27,079
Amenities
1
true
1.08
false
Asphalt,Paved
Brick/Mortar
Access Road
5976
Building Details
Building Size
5,976 SF
Year Built
2008
Buildings
1
Stories
1
Listing Agency:
(904) 569-5862
Listed By:
Latreia Talley
(904) 569-5862
Source:
Movetojacksonville
Added: Jun 30
Changed: Aug 23
Last Checked: Aug 23 at 2:36AM
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 Latreia Talley
Investment Insights
Based on property information with market context.
This freestanding restaurant is presented as a turnkey operation and includes all furniture, fixtures, and equipment with the sale. The established setup features 10+ hibachi cooking stations, a full-service bar, and a complete commercial kitchen supported by walk-in coolers and freezers.
Located on SW College Road in Ocala, the property is positioned just off the College Road corridor near West Marion Community Hospital and Interstate 75, supporting convenient access for diners. Ample on-site parking is available for customer arrivals and departures.
For operators seeking an immediately usable dining concept, the existing hibachi layout and fully equipped kitchen reduce buildout and permitting lead times typically associated with starting from scratch. The included FF&E and bar equipment also support continuity for a restaurant team looking to maintain a Japanese steakhouse-style service format.
Located on SW College Road in Ocala, the property is positioned just off the College Road corridor near West Marion Community Hospital and Interstate 75, supporting convenient access for diners. Ample on-site parking is available for customer arrivals and departures.
For operators seeking an immediately usable dining concept, the existing hibachi layout and fully equipped kitchen reduce buildout and permitting lead times typically associated with starting from scratch. The included FF&E and bar equipment also support continuity for a restaurant team looking to maintain a Japanese steakhouse-style service format.
Key Highlights
- Freestanding restaurant built in 2008 with 5,976 total building area and 1 building on 1.08 acres
- Fully equipped commercial kitchen with walk‑in coolers and freezers
- Includes 10+ hibachi cooking stations and a full‑service bar
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
$79,804
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
3.19%
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%
$1,596,080
$1.6M
Cap Rate 7%
$1,140,057
$1.1M
Cap Rate 9%
$886,711
$886.7K
Market Conditions
NOI Build-Up for 6,587 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
$112.2K $17.04/SF
− Vacancy
−$5.8K −$0.89/SF
EGI
$106.4K $16.15/SF
− OpEx
−$26.6K −$4.04/SF
NOI
$79.8K $12.12/SF
Area
Marion County, FL
Vacancy
5.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
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%
$1,596,080
Cap Rate 7%
$1,140,057
Cap Rate 9%
$886,711
Alternative Uses
Best Use
Specialty Retail
$1.14M
$997.6K – $1.33M
NOI $79,804 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $251,790 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Balanced
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant with a full commercial kitchen, bar, and 10+ hibachi stations, plus ample on-site parking.
Where is this conventional restaurant located?
The property is located at 4714 Sw College Road OCALA Ocala, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Freestanding restaurant built in 2008 with 5,976 total building area and 1 building on 1.08 acres; Fully equipped commercial kitchen with walk‑in coolers and freezers; Includes 10+ hibachi cooking stations and a full‑service bar
