Lumberyard Retail and Storage
For Sale
$1,995,000
834 North Magnolia Avenue, Ocala, FL 34475
Multi-parcel complex with showroom/warehouse space, office, fenced T-sheds, and open shed storage for building materials operations.
Property Size19,929 SF
Lot Size5.60 Acres
Days on Market13
Property Features for 834 North Magnolia Avenue
General Information
Standard status
Active
Size
19,929 SF
Lot size
5.60 Acres
Property subtype
Retail
Zoning
B5
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Business Included
Yes
Building Details
Building Size
19,929 SF
Listing Agency:
NAI Heritage | Ocala
(352) 817-3860
Listed By:
Randy Buss, CCIM, SIOR · License #FL #BK3105657
(352) 817-3860
Source:
Naiheritage
Added: Jul 24
Changed: Jul 25
Last Checked: Aug 5 at 4:39AM
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
Investment Insights
Based on property information with market context.
This retail sales complex has operated as a building materials and lumberyard business since 1975 and includes multiple parcels totaling 5.6 acres. Improvements comprise an 8,305-square-foot showroom/warehouse, a 2,324-square-foot administrative office building, multiple T-sheds for lumber storage, a 3,500-square-foot truss plant, and 5,800-square-foot open shed storage. The fenced grounds also include excess paved parking and circulation areas, along with vacant parcels that provide room for expansion. Existing equipment and some inventory are available to the buyer, or the seller will remove.
The property is mostly B5 zoned, with a portion designated Institutional Zoned. It is described as signage-ready for prominent branding and includes ample parking designed for both patrons and deliveries.
With five adjacent parcels included in the offering, this property supports a building supply format combining showroom, fabrication, and storage under a single, fenced site configuration.
The property is mostly B5 zoned, with a portion designated Institutional Zoned. It is described as signage-ready for prominent branding and includes ample parking designed for both patrons and deliveries.
With five adjacent parcels included in the offering, this property supports a building supply format combining showroom, fabrication, and storage under a single, fenced site configuration.
Key Highlights
- Multi‑parcel building materials/lumberyard complex at 834 N Magnolia Ave, operating since 1975
- 5.6‑acre property with 5 adjacent parcels (listed parcel IDs: 2572‑002‑003, 2572‑001‑001, 2572‑002‑001, 2572‑002‑002, 2572‑004‑003)
- Mostly B5 zoning plus 1.19 acres Institutional zoning for part of the vacant expansion land
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $275.0k | $13.80 |
| − Vacancy | −$21.5k | −$1.08 |
| EGI | $253.6k | $12.72 |
| − OpEx | −$88.7k | −$4.45 |
| NOI | $164.8k | $8.27 |
19,929 SF · lease $13.80/SF/yr · vacancy 7.80% · expense 35.00%
Alternative Uses
Best Use
Retail
$7.16M
$6.27M – $8.35M
NOI $501,242 @ 7.0% cap · market cap 25.12%
Second Best
Warehouse
$3.97M
$3.47M – $4.63M
NOI $277,604 @ 7.0% cap · market cap 13.91%
Theoretical Best
Office A
$10.88M
$9.52M – $12.70M
NOI $761,792 @ 7.0% cap · market cap 38.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,236
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
Questions? Ask Rey
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Similar Off Market Nearby
- Ocalaqueen352 — Ocala, FL 34483
- Beckwith Catering — 809 N Magnolia Ave, Ocala, FL 34475
Frequently Asked Questions
What type of property is this?
Flex space - Multi-parcel complex with showroom/warehouse space, office, fenced T-sheds, and open shed storage for building materials operations.
Where is this flex space located?
The property is located at 834 North Magnolia Avenue Ocala, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Multi‑parcel building materials/lumberyard complex at 834 N Magnolia Ave, operating since 1975; 5.6‑acre property with 5 adjacent parcels (listed parcel IDs: 2572‑002‑003, 2572‑001‑001, 2572‑002‑001, 2572‑002‑002, 2572‑004‑003); Mostly B5 zoning plus 1.19 acres Institutional zoning for part of the vacant expansion land
