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Property profile

10230 SW 86Th Cir Ocala, FL 34481

Commercial real estate
Property ID
US18-1898320
View Sample
7,680 SF 1.16 ac lot Built 2006
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional executive office space, totaling 5,082 square feet, is ideally situated in Marion County's desirable 200 West Corridor. Located within one mile of Timber Ridge Medical Park and Top of the World, this property offers unparalleled convenience and accessibility. The building, constructed in 2006, comprises two stories and a total of 12,166 square feet across two buildings, situated on a 1.16-acre lot. The property is zoned B1 and features a single-tenant occupancy. The available space is meticulously designed for medical practices, boasting a large waiting area, spacious reception area, and ample storage. Nine exam rooms, three provider offices, two substantial procedure rooms, a laboratory, break room, meeting room, nurses' station, and triage station are included, making this a truly turnkey solution. The property's layout allows for flexibility, with the potential to subdivide the space into two smaller units to accommodate different needs. The property's Asset Property Number (APN) is 35010-064-00. This is a rare opportunity to acquire a well-appointed, fully equipped medical office space in a prime location. The property's features and location make it an ideal investment for medical professionals seeking a ready-to-use facility.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,680 SF
Lot 1.16 ac (50,530 SF)
Zoning code B1
APN 35010-064-00
UPID US18-1898320

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
  • Pediatrician Physician
  • Physician
  • Physician
  • Physician
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$636k
Blend (final) Blend
$1.05M

Owner & transaction history

since 2009
7 recorded transactions
2016
Price N/A
2009
$737,500
2009
$1.1M
2006
Price N/A
2005
$300,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B1 · Ocala, FL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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