Mixed-Use Property with RV
For Sale
$189,000
617 NE 25TH Avenue, Ocala, FL 34470
Commercial Sale, OCALA, FL
Property Size1,050 SF
Lot Size0.15 Acres
Price / SF$180
Days on Market21
Property Features for 617 NE 25TH Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RO
Parking features
Secured, RV
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Subdivision
SUNBRITE
Lot features
Central Business District, Curb and Gutters, City Limits, Near Public Transit, Sidewalk, Paved
Directions
From the Charlie Horse or the Main Library and/or Marion County Government Complex, head North on NE 25th Ave. Building is on the right.
Standard status
Active
APN
2813-002-002
Size
1,050 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 15 TWP 15 RGE 22 PLAT BOOK C PAGE 078 SUNBRITE SUB BLK 2 LOT 2 EXC THE W 15 FT THEREOF
Tax Annual Amount
1697
Legal Description
SEC 15 TWP 15 RGE 22 PLAT BOOK C PAGE 078 SUNBRITE SUB BLK 2 LOT 2 EXC THE W 15 FT THEREOF
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1953
Floors in Building
1
Flooring type
Laminate
Building materials
Vinyl Siding
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Holly Alfery Beard · License #3475154
(352) 820-6363
Added: Aug 5
Changed: Aug 24
Last Checked: Aug 25 at 5:06AM
MLS# OM729857
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property contains an approximately 1,050-square-foot building with multiple private rooms, a full bathroom, bonus room, kitchen, central air conditioning, and laminate flooring. The 1953 structure has vinyl siding and a shingle roof installed in 2022. Public water and sewer serve the property, which is zoned RO.
A rear driveway provides access to private parking, including secured parking and an RV hookup with electric and septic connections. The 0.15-acre parcel also includes a spacious backyard and paved-road access. The property is positioned near Ocala’s Main Library, the Marion County Office Complex, downtown, shopping, restaurants, employment centers, public transportation, and major Marion County roadways. Appliances include a dishwasher, dryer, microwave, refrigerator, and washer.
A rear driveway provides access to private parking, including secured parking and an RV hookup with electric and septic connections. The 0.15-acre parcel also includes a spacious backyard and paved-road access. The property is positioned near Ocala’s Main Library, the Marion County Office Complex, downtown, shopping, restaurants, employment centers, public transportation, and major Marion County roadways. Appliances include a dishwasher, dryer, microwave, refrigerator, and washer.
Key Highlights
- Approximately 1,050 square feet on a 0.15‑acre parcel
- RO zoning supports the property’s residential‑office configuration
- Multiple private rooms, full bathroom, bonus room, and kitchen
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
$13,186
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
6.98%
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%
$263,720
$263.7K
Cap Rate 7%
$188,371
$188.4K
Cap Rate 9%
$146,511
$146.5K
Market Conditions
NOI Build-Up for 1,050 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
$23.1K $21.96/SF
− Vacancy
−$2.0K −$1.87/SF
EGI
$21.1K $20.09/SF
− OpEx
−$7.9K −$7.54/SF
NOI
$13.2K $12.56/SF
Area
Marion County, FL
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
37.50%
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%
$263,720
Cap Rate 7%
$188,371
Cap Rate 9%
$146,511
Alternative Uses
Best Use
Office B
$387.9K
$339.4K – $452.6K
NOI $27,153 @ 7.0% cap · market cap 14.37%
Second Best
Mixed Use
$188.4K
$164.8K – $219.8K
NOI $13,186 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$573.4K
$501.7K – $669.0K
NOI $40,137 @ 7.0% cap · market cap 21.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Central Ocala building supports professional office, small-business, live-work, or continued residential use.
Where is this mixed-use property located?
The property is located at 617 NE 25TH Avenue Ocala, FL.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Approximately 1,050 square feet on a 0.15‑acre parcel; RO zoning supports the property’s residential‑office configuration; Multiple private rooms, full bathroom, bonus room, and kitchen
