Technical
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Property profile

1950 Highway 484 Ocala, FL 34491

OFF-MARKET
Office Spaces
12,889 SF
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Property summary

AI-generated overview

This exceptional 12,889-square-foot executive office building presents a unique investment opportunity. The entire space is currently vacant, offering immediate occupancy for a single tenant. Situated on a three-acre lot, the property boasts ample parking, prominent monument signage, and is conveniently zoned RC1. The strategic location on Highway 484 provides easy access to Interstate 75, placing it within close proximity to The Villages, Belleview, and Marion Oaks. Adding to its versatility, approximately 1,500 square feet of the building is currently leased as lab space, demonstrating the property's adaptability to various business needs. The expansive three-acre lot offers significant potential for future development or expansion. This property is ideal for a business seeking a high-visibility location with ample space and convenient access to major transportation routes. The existing infrastructure, including ample parking and signage, minimizes upfront investment costs for a new tenant. The RC1 zoning provides flexibility for a range of potential uses. This is a rare opportunity to acquire a substantial, well-located office building with significant upside potential.

Property profile

Verified
Property type Office Spaces
Total area 12,889 SF

Cap rate & NOI

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

Location

1950 Highway 484 Ocala, FL 34491
Ocala metro
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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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