Property summary
This exceptional Ocala, Florida industrial property offers over 45,342 square feet of manufacturing space across four single-story buildings situated on a 5-acre lot. The property features five drive-in doors, 3-phase 480v power, and is zoned M1. Three of the buildings include sprinkler systems, and the office/retail area is climate-controlled. Roof replacements were completed in 2018. The property includes a 3.26-acre B5 zoned lay-down yard, offering significant additional space. Located at 1120 N Magnolia Ave, Ocala, FL 34475 (APN: 2572-016-001 and 2572-012-001), this property is ideally suited for a single tenant seeking long-term growth opportunities. While primarily designed for a single tenant, the owner may consider a two-tenant arrangement. This prime location in Marion County benefits from excellent access to major Florida roadways. The property is available for occupancy in early summer 2025. Detailed building square footage and specifications are available upon request. This is a rare opportunity to acquire a substantial industrial facility in one of the fastest-growing cities in the United States.
Property profile
VerifiedCap rate & NOI
Current use
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Building Supply Big Box & Wholesale Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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