Industrial Warehouse with Fenced
New
For Sale
$2,900,000
530 NW 1ST, Ocala, FL 34475
The 2.45-acre property combines warehouse and office space and is available for lease.
Property Size12,737 SF
Lot Size2.45 Acres
Days on Market6
Property Features for 530 NW 1ST
General Information
Standard status
Active
Size
12,737 SF
Lot size
2.45 Acres
Property subtype
Commercial
Land
Land Use
industrial, warehouse, office
Entitled
No
Additional Details
Fenced Yard
Yes
Property Use
Industrial Warehouse Office
Taxes and HOA fees
Annual Taxes
$7,081
Building Details
Building Size
12,737 SF
Year Built
1955
Buildings
1
Listing Agency:
BILL RODGERS REALTY
Listed By:
Lance Schenker · License #3047977
(352) 362-1224
Source:
Elliman
Added: Oct 30
Last Checked: Nov 3 at 6:42AM
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 BILL RODGERS REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1955, this industrial property includes warehouse and office space alongside a fenced yard. The 2.45-acre site was previously used as a lumber yard and is available for lease.
The property is in downtown Ocala, Florida. Redevelopment for uses such as office or residential would require rezoning.
The property is in downtown Ocala, Florida. Redevelopment for uses such as office or residential would require rezoning.
Key Highlights
- 2.45‑acre industrial property with warehouse and office space
- Fenced yard
- Built in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$177,422
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,548,440
$3.5M
Cap Rate 7%
$2,534,600
$2.5M
Cap Rate 9%
$1,971,356
$2.0M
Market Conditions
NOI Build-Up for 12,737 SF
Gross rent
$218.6K $17.16/SF
− Vacancy
−$9.8K −$0.77/SF
EGI
$208.7K $16.39/SF
− OpEx
−$31.3K −$2.46/SF
NOI
$177.4K $13.93/SF
Area
Marion County, FL
Vacancy
4.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,548,440
Cap Rate 7%
$2,534,600
Cap Rate 9%
$1,971,356
Alternative Uses
Best Use
Warehouse
$2.53M
$2.22M – $2.96M
NOI $177,422 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.96M
$6.09M – $8.11M
NOI $486,875 @ 7.0% cap · market cap 16.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34475, FL
14,780
Population
5,668
Households
2.6
Avg Household Size
38
Median Age
13%
College-Educated
84%
High-School Grad
27.8 sq mi
ZIP Area
532
Density / Sq Mi
$33,515
Median Household Income
$24,854
Median Earnings
$871
Median Rent
$170,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- People's Choice Storage Ocala — 4545 NW 27th Ave, Ocala, FL 34475
Frequently Asked Questions
What type of property is this?
Warehouse - The 2.45-acre property combines warehouse and office space and is available for lease.
Where is this warehouse located?
The property is located at 530 NW 1ST Ocala, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 2.45‑acre industrial property with warehouse and office space; Fenced yard; Built in 1955
