Freestanding Drive-Up Retail
New
For Sale
$250,000
912 NE 14TH, Ocala, FL 34470
An existing tenant occupies this compact commercial property.
Property Size651 SF
Lot Size0.14 Acres
Price / SF$384.02
Days on Market3
Property Features for 912 NE 14TH
General Information
Standard status
Active
Size
651 SF
Lot size
0.14 Acres
Property subtype
Commercial
Zoning
B-1
Additional Details
Drive-Thru
Yes
Taxes and HOA fees
Annual Taxes
$2,215
Amenities
drive up service
on-site paved parking
fenced side yard
turf seating area
air-conditioned
Building Details
Building Size
651 SF
Year Built
1983
Buildings
1
Units
1
Construction
masonry
Tenancy
Single
Listing Agency:
Wiechens Realty, Inc.
Listed By:
Sandon Wiechens · License #BK614535
(352) 817-6474
Source:
Elliman
Added: Oct 4
Last Checked: Oct 5 at 7:19PM
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 Wiechens Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 1983, this freestanding masonry retail building contains 651 square feet and sits on a 0.14-acre B-1 parcel. The interior includes an air-conditioned retail area and restroom, with drive-up service and paved parking. A fenced side yard and turf seating area provide additional outdoor space.
The property is at 912 NE 14th Street in Ocala, at NE 9th Avenue and just east of the NE 8th Avenue intersection. Its street frontage and drive-up configuration support convenient customer access. The building is currently tenant-occupied.
The property is at 912 NE 14th Street in Ocala, at NE 9th Avenue and just east of the NE 8th Avenue intersection. Its street frontage and drive-up configuration support convenient customer access. The building is currently tenant-occupied.
Key Highlights
- 651‑square‑foot freestanding masonry building
- 0.14‑acre parcel zoned B‑1
- Tenant‑occupied retail property with drive‑up service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,374
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,480
$327.5K
Cap Rate 7%
$233,914
$233.9K
Cap Rate 9%
$181,933
$181.9K
Market Conditions
NOI Build-Up for 651 SF
Gross rent
$24.1K $37.08/SF
− Vacancy
−$748 −$1.15/SF
EGI
$23.4K $35.93/SF
− OpEx
−$7.0K −$10.78/SF
NOI
$16.4K $25.15/SF
Area
Marion County, FL
Vacancy
3.10%
Lease Rate
$37.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,480
Cap Rate 7%
$233,914
Cap Rate 9%
$181,933
Alternative Uses
Best Use
Retail
$233.9K
$204.7K – $272.9K
NOI $16,374 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.5K
$311.1K – $414.8K
NOI $24,885 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Under-served
Demand for This Use
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - An existing tenant occupies this compact commercial property.
Where is this storefront property located?
The property is located at 912 NE 14TH Ocala, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 651‑square‑foot freestanding masonry building; 0.14‑acre parcel zoned B‑1; Tenant‑occupied retail property with drive‑up service
