Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    0000 128Th St Ocala, FL 34473

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    0000 128Th St Ocala, FL 34473

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0000 128Th St

    Property type
    Land

    Description

    This exceptional .33-acre lot, located at 0000 SW 128 Lane in Ocala, Florida, presents a unique opportunity for both commercial and residential development. Situated in the desirable Marion Oaks neighborhood, this 14,374.8 square foot parcel is completely cleared and prepared for immediate construction. The property's zoning allows for versatile use, catering to a range of projects. Its prime location offers convenient access to local amenities and transportation routes, making it an attractive investment for builders and developers alike. The flat, cleared nature of the land simplifies the construction process, minimizing site preparation costs and accelerating project timelines. Furthermore, the possibility exists to acquire the adjoining lot, effectively doubling the acreage to .66 acres, providing even greater development potential. This property is priced competitively at $60,000, representing a compelling value in the current market. The property's address is 0000 SW 128 Lane, Ocala, FL 34473, within Marion County. Don't miss this chance to secure this versatile and well-situated lot.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.1489
    Latitude
    29.0348

    Comparable in this City

    • Value Estimation by Request

      00000000 135Th Ave

      Land
      00000000 135Th Ave, Ocala, FL 34473
      View Details
    • Value Estimation by Request

      144 St Rd

      Land
      144 St Rd, Ocala, FL 34473
      View Details
    • Value Estimation by Request

      147 147Th Street Rd

      Land
      147 147Th Street Rd, Ocala, FL 34473
      View Details
    • Value Estimation by Request

      147Th Lane Rd

      Land
      0 147Th Lane Rd, Ocala, FL 34473
      View Details
    • Value Estimation by Request
      8.02 Acres

      Marion Oaks Blvd

      Land • 8.02 Acres
      0 Marion Oaks Blvd, Ocala, FL 34473
      View Details
    • Value Estimation by Request
      0.43 Acres

      142nd Pl Rd

      Land • 0.43 Acres
      142nd Pl Rd, Ocala, FL 34473
      View Details

    Similar Nearby for Sale

    • $60,000

      Cleared Lot in Marion Oaks

      Half acre cleared lot in a popular Ocala community.
      46 Southwest 46Th Ter Sw, Ocala, FL 34473
      View Details
    • $62,500

      Large Lot for Sale

      Half-acre lot offering extra living space.
      34 SW 34Th Ct, Ocala, FL 34473
      View Details
    • Contact for pricing

      Vacant Land in Ocala, FL

      Vacant land available for sale in Ocala, Florida.
      Undetermine, Ocala, FL 34473
      View Details
    • $35,000

      Ocala Land For Sale

      Land available in Ocala, Florida.
      144 SW 144Th Pl, Ocala, FL 34473
      View Details
    • $36,500

      Land in Marion Oaks

      Land for sale in a popular Ocala neighborhood.
      8650 Southwest 138Th Ln, Ocala, FL 34473
      View Details
    • $37,000
      0.23 Acres

      Vacant Land Ready to Build

      Cleared vacant land available for construction in Ocala, Florida.
      8776 SW 139 Place Rd, Ocala, FL 34473
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Ocala South Logistics Park Development

      Class A manufacturing and distribution space for lease in Ocala.
      14130 SW 57 Avenue Rd, Ocala, FL 34473
      View Details
    • Contact for pricing

      Ocala Manufacturing & Distribution Space

      Class A manufacturing and warehouse/distribution space for lease in Ocala.
      14130 SW 57 Avenue Rd, Ocala, FL 34473
      View Details
    • Contact for pricing

      Commercial Pad Sites For Lease

      Available pad sites for ground lease with B2 zoning.
      3370 Marion Oaks Dr, Ocala, FL 34473
      View Details
    • Contact for pricing

      Warehouse Space Available for Rent

      1500 SF warehouse with M-2 zoning, ready for occupancy.
      2501 SW 57Th St, Ocala, FL 34473
      View Details
    • Contact for pricing

      Ocala Warehouse Space Available

      State-of-the-art industrial park with warehouse space for lease.
      13253 SW 20Th St, Ocala, FL 34473
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space on SW Highway

      Retail space and outparcel opportunities available for lease now.
      2133 Highway 484 SW, Ocala, FL 34473
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    0000 128Th St
    Ocala, FL 34473
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!