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Property profile & analytics
OFF-MARKET
Office Spaces
108 Magnolia Ave Ste 202c Ocala, FL 34475-6636
Entity Owned
4-yr Hold
Free & Clear
Property ID
US19-0230448
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Lot
0.08 ac (3,485 SF)
Zoning code
FBC
APN
2854-043-200
UPID
US19-0230448
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Timeless Art of Touch Therapeutic Massage & Holistic Healing MM#32882 Alternative Medicine Practice
-
Adamson-Wanner Robin Counselor
-
Jacqueline A. Anderson, PHD Physician
-
T3 Impact Tax Solution Consultant
-
Ocala Criminal Defense Lawyer Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marion Opportunity Zone Investment · 4 yrs held
Marion Opportunity Zone Investment
since 2022
Last sale
$232,500
7 recorded transactions
Zoning & alternative use
FBC · Ocala, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ocala submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocala submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,236
Tax year 2023
Assessed value
$218,189
Assessed 2023
Previous assessed
$207,056
+5.4% YoY
Effective rate
1.94%
On assessed value
Assessed land
$189,531
Assessed improvement
$28,658
Land market value
$189,531
Improvement market value
$28,658
Total market value
$218,189
Applied tax rate
1,003.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Heating
NONE
Lot
0.08 ac (3,485 SF)
Zoning code
FBC
APN
2854-043-200
UPID
US19-0230448
Jurisdiction
MARION
Zoning & alternative use
FBC · Ocala, FL
Zoning FBC · permitted uses
FBC · Ocala, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ocala. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.08 ac
Current owner
From public records · entity-resolved
Marion Opportunity Zone Investment
Entity
Free & Clear · 4 yrs held
Mailing address
3510 NE 14TH ST, OCALA, FL 34470-4868
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2022
$232,500
Marion Opportunity Zone Investment
Tina Alberg
Special Warranty Deed
—
Jan 12, 2022
$45,500
Marion Opportunity Zone Investment
Pamela Ann Clarke
Special Warranty Deed
—
Aug 3, 2020
—
Magdaline M Mordigal
Magdaline M Mordigal
Quit Claim Deed
related
—
Mar 31, 2020
$54,800
Elder Planning Income Concepts
Valeria Cvengros
Grant Deed
—
Mar 31, 2020
$53,600
Magdaline M Mordigal
Elder Planning Income Concepts
Grant Deed
—
Mar 13, 2012
—
Valeria Cvengros
Cvengros,valeria
Quit Claim Deed
related
—
Dec 15, 2011
—
Marilyn E Byrd
Byrd,marilyn E
Quit Claim Deed
related
—
Aug 11, 2011
$232,450
Marilyn E Byrd
Elder Planning Income Concepts
Grant Deed
—
Aug 11, 2011
$67,037
Elder Planning Income Concepts
Chenvacci,victor
Grant Deed
—
Aug 11, 2011
$154,209
Elder Planning Income Concepts
Barry,thomas J
Grant Deed
—
Jan 23, 2008
—
Thomas J Barry
Redfish Properties LLC
Grant Deed
related
—
Dec 4, 2007
—
Victor Cheavacci
Cheavacci,victor
Quit Claim Deed
related
—
Nov 30, 2007
—
Cvenga,valeria Land Trust
Redfish Properties LLC
Grant Deed
related
—
Nov 28, 2007
$164,100
Barry,thomas J Land Trust
Redfish Properties LLC
Warranty Deed
—
Nov 28, 2007
$245,000
Redfish Properties LLC
Wisco,ralph A & Kandice
Warranty Deed
—
Nov 28, 2007
$54,800
Cvengros,valeria Land Trust
Elder Planning Income Concepts
Warranty Deed
—
Nov 28, 2007
$71,400
Victor Cheavacci
Redfish Properties LLC
Warranty Deed
—
Jul 17, 2007
—
Ralph Wisco
Wisco Investments LLC
Quit Claim Deed
related
—
Aug 24, 2005
—
Wisco Investments LLC
Wisco,ralph A
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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