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Professional Office Building with Conference Rooms
New
For Sale
$1,150,000

500 NE 8TH AVENUE, Ocala, FL 34470

Established professional office layout with private suites, meeting areas, storage, and parking serving downtown Ocala access.

Property Size7,957 SF
Price / SF$144.53
Days on Market6

Property Features for 500 NE 8TH AVENUE

General Information

Standard status Active
Size 7,957 SF
Property subtype Office
Occupancy 60%

Additional Details

Office Units 10

Building Details

Year Built 1984
Listing Agency: AKIN REALTY COMPANY
Listed By: Van Akin, II · License #0242005
Source: Dennisrealty
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 9 at 8:05AM

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 AKIN REALTY COMPANY

Investment Insights

Based on property information with market context.

Built in 1984, this 7,957-square-foot office building is configured for a professional legal practice. The interior includes 10 private office suites, a reception area, a separate receptionist’s office, four large conference rooms, smaller meeting spaces, copier and workroom areas, and floored attic storage on the upper level. Parking is available at both the front and rear of the building.

The property is located at 500 NE 8th Avenue in Ocala, providing convenient access to downtown. The building is currently 60% leased, combining existing occupancy with additional space within an established office configuration.

Key Highlights

  • 10 private office suites with dedicated reception and receptionist’s office
  • Four large conference rooms plus smaller consultation spaces
  • 7,957‑square‑foot office building constructed in 1984

Property Analytics

Current Use

Law Office of David ... Law Firm Janet W. Behnke, ... Law Firm Colleen Duris Pa: ... Law Firm Ruse Jr Charles Law Firm Joseph M. Hanratty, ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Bakery Tanning Salon Catering Service Carpet & Flooring Store

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

10
Office units
60%
Occupancy

Location Intelligence

Trade Area within ½ mile

770
Businesses Nearby

Demographics for 34470, FL

20,483
Population
10,121
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
13.4 sq mi
ZIP Area
1,529
Density / Sq Mi
$49,592
Median Household Income
$36,957
Median Earnings
$1,124
Median Rent
$171,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Office building - Established professional office layout with private suites, meeting areas, storage, and parking serving downtown Ocala access.
Where is this office building located?
The property is located at 500 NE 8TH AVENUE Ocala, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 10 private office suites with dedicated reception and receptionist’s office; Four large conference rooms plus smaller consultation spaces; 7,957‑square‑foot office building constructed in 1984
More about this property
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