Financial
Distress signals
Property profile

1056 NE 16Th St Ocala, FL 34470

FOR SALE
Other commercial real estate
Property ID
US18-8997742
38,930 SF 3.33 ac lot Built 1999
Last sale Oct 2025 · $3,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 38,930-square-foot light industrial warehouse on a 3.33-acre site, zoned M-1 (Light Industrial). The building is configured with approximately 2,725 square feet of air-conditioned office space that includes multiple private offices, a break room, and restrooms, along with a warehouse area designed for manufacturing, distribution, or other general industrial uses. Warehouse systems include fire suppression, 3-phase power, and LED lighting. Loading features include both

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value$1.15M
Assessed land$189k
Assessed improvement$964k
Effective rate2.32%

Value estimate

· Sep 2026
$805k
$725k – $886k
NOI build-up
Gross scheduled income$729k
Vacancy & credit loss−$33k
Operating expenses−$104k
NOI · 14.09% cap applied$592k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 162 recorded sales of this use type
Observed band · Q1–Q3$57 – $179
Qualifying comparables5

Cap rate analysis

How does the asset earn?
14.09%
$592k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M1
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office21.6
Realty agency18.9
Restaurant18.6

Location

1056 NE 16Th St Ocala, FL 34470
County assessor Recorded deeds · 10 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
540 14th, Ocala, FL 34470-3611 $850,000 Jan 2026 10,650 SF
2800 Silver Spgs, Ocala, FL 34470-7074 $1,900,000 Jan 2026 15,988 SF
2715 36th, Ocala, FL 34470-3115 $1,615,000 Dec 2025 15,000 SF
3855 Silver Spgs, Ocala, FL 34470-4929 $3,000,000 May 2025 14,100 SF
917 Silver Spgs, Ocala, FL 34470-6789 $995,000 Mar 2025 9,509 SF
1632 Silver Spgs, Ocala, FL 34470-6925 $5,009,700 Mar 2025 16,299 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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