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Property profile & analytics

1109 SW 10Th St Ocala, FL 34471

  • Commercial real estate
  • 9,408 SF
  • 1.57 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-3710616
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Edward Demmi / Physician

Property Details for 1109 SW 10Th St

Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.57 lot acres
Property size
9,408 SF
Zone code
B4
Property type
Commercial real estate
APN
2849-001-002
APU
2849001002

Description

This exceptional 9,400-square-foot medical office building presents a unique investment opportunity in Ocala, Florida. Situated on a 1.57-acre lot, this single-tenant property boasts a prime location, just minutes from area hospitals. Built in 1966, the Class B building features a spacious layout ideally suited for medical practices. The existing build-out includes seven exam rooms with sinks, a large physical therapy room (30' x 26'), a conference room, a procedure room, a nurses' station, trauma bays, a reception/front office, and a substantial waiting area. The property offers ample parking with a ratio of 5.96 spaces per 1,000 square feet. Currently fully vacant, this presents a blank canvas for a new tenant, with the landlord offering tenant improvements toward build-out. Detailed floor plans are available upon request. The property is zoned B4 and has a Marion County Property Appraiser Parcel ID of 2849-001-002. This is a rare opportunity to acquire a well-located, sizable medical office building in a thriving Ocala submarket. The property's size, existing infrastructure, and convenient location make it an attractive prospect for a variety of medical practices. Don't miss this chance to secure a valuable asset in a high-demand area.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,970,000
    6.5%
    $1,820,000
    7%
    $1,690,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,105,000
    Market price range: $994k - $2.20M
    AI Estimate
    $1,165,000
    Market price range: $377k - $1.28M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Ocala
County
Marion
State
Florida
Longitude
-82.1484
Latitude
29.1794
CBSA code
36100
CBSA name
OCALA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,892
$273,556
$1,355,579
$1,629,135
-
$273,556
$1,355,579
$1,629,135
More about this property
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