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Four-Tenant Office Building
New
For Sale
$875,000

500 E Fort King St, Ocala, FL 34471

Two levels accommodate individual office suites, with private stair access to upper-floor space and a balcony.

Property Size5,112 SF
Price / SF$171.17
Days on Market4

Property Features for 500 E Fort King St

General Information

Standard status Active
Size 5,112 SF
Net Rentable 5,112 SF
Class B
Total Parking Spaces 18
Property subtype Office
Zoning RO
Occupancy 100%
Net Operating Income $56,000

Additional Details

Office Units 4
Tenant in Place Yes
Property Use Office

Amenities

attractive views
balcony
well-manicured landscaping

Building Details

Building Size 5,112 SF
Year Built 1985
Buildings 1
Stories 2
Tenancy Multi
Parking Ratio 3.33 per 1,000 SF
Listing Agency: NAI Heritage | Ocala
Listed By: Randy Buss, CCIM, SIOR · License #FL #BK3105657
Source: Naiheritage
Added: Oct 26 Last Checked: Oct 28 at 5:12AM

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 NAI Heritage | Ocala

Rey
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Investment Insights

Based on property information with market context.

This two-story office property contains 5,112 SF of rentable area and 4,732sf usable per leases. Its four-tenant configuration includes individual suites ranging from 1,136 SF to 1,230 SF. The building was constructed in 1985, is zoned RO, and is fully occupied. Two leases expire in mid/late 2028, another in early 2027, and one tenant is on a month-to-month arrangement. Upper-level suites have private interior stair access, and the property also features a balcony and landscaped grounds.

Located at 500 E Fort King St in Ocala, the property is in the northwest corner of the Ocala Historic District and is described as easily walkable to Downtown Ocala. On-site parking includes 18 spaces, with a stated ratio of 1 space/300sf usable.

Key Highlights

  • 5,112 SF rentable office building with 4,732sf usable per leases
  • Fully occupied by 4 tenants; one tenant is on MTM
  • Individual office suites range from 1,136 SF to 1,230 SF

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Modders David L Physician The Crane Financial Group Financial Advisor Bojarski Linda S Physician Retirement Planning Consultants ... Financial Advisor Human Potential Healthcare ... Employment Agency

Suggested Use

Top Pick Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Bakery Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,424
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two levels accommodate individual office suites, with private stair access to upper-floor space and a balcony.
Where is this office building located?
The property is located at 500 E Fort King St Ocala, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 5,112 SF rentable office building with 4,732sf usable per leases; Fully occupied by 4 tenants; one tenant is on MTM; Individual office suites range from 1,136 SF to 1,230 SF
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