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1120 Magnolia Ave Ocala, FL 34475

OFF-MARKET Industrial properties Google Maps
45,342 SF 5 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Industrial properties
Total area 45,342 SF
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Big Box & Wholesale Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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