Listing Agency: Invictus Real Estate

Listed By: Jamie Blankenship · License #BK3015400 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:01PM

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Investment Insights

Based on property information with market context.

This mixed-use commercial property is located at 514 S Magnolia Ave in Ocala, Florida. Its setting places the property steps from the downtown square and within convenient reach of the courthouse, restaurants, and main post office.

The property is across from a planned high-end multi-family development and one block from the Downtown Market, placing it among established civic, retail, dining, and residential activity.

Key Highlights

• Steps from the downtown square
• Across from a planned high‑end multi‑family development
• One block from the Downtown Market

Property Analytics

Property Profile

Current Use

The Monkey Cage Clothing & Fashion Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon HVAC Service Florist Storage Facility

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

Location Intelligence

Trade Area within ½ mile

2,708

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

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?

Mixed-use property - Positioned near the downtown square, courthouse, restaurants, and main post office.

Where is this mixed-use property located?

The property is located at 514 S Magnolia Ave Ocala, FL.

What are key features of this property?

This property features: Steps from the downtown square; Across from a planned high‑end multi‑family development; One block from the Downtown Market