Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1333 SE 17Th St Ocala, FL 34471
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1333 SE 17Th St Ocala, FL 34471

    View on Map
    • Commercial land
    • 4,294 SF
    For Sale
    $1,200,000
    View Listing →
    Ocala Development Opportunity on SE 17th For Sale
    $1,200,000
    1.70 Acres

    Ocala Development Opportunity on SE 17th

    1.7-acre parcel for PUD, multi-family, or apartment redevelopment.

    1333 SE 17TH STREET, Ocala, FL 34471
    View Listing
    Property ID
    US18-9830338
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 1333 SE 17Th St

    Year built
    1967
    Property size
    4,294 SF
    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Rare development opportunity in Ocala, FL. Welcome to an extraordinary 1.7-acre parcel located on the coveted SE 17th St corridor in Ocala. Offering an exclusive and rare opportunity for the discerning developer! Nestled in a prime location, this expansive piece of real estate presents the perfect canvas for a visionary PUD, multi-family townhouse, or apartment redevelopment. This prime parcel is strategically positioned in the heart of Ocala, one of Florida's most sought-after regions, known for its charm, vibrant community, and flourishing economy. The location boasts proximity to essential amenities, educational institutions, shopping centers, and recreational facilities, providing residents with a convenient and desirable lifestyle. The possibilities for development on this expansive property are limitless. Imagine creating a stylish, modern enclave of townhouses or luxurious apartments, catering to the growing demand for upscale living in this thriving community. With its generous size, the parcel allows for thoughtful planning, ensuring an optimal layout for maximum functionality and aesthetic appeal. Seize this rare opportunity to make a lasting impact on the Ocala real estate landscape. Whether you're an experienced developer or qan investor with a keen eye for potential, this parcel promises a lucrative venture in the flourishing Florida market. From South Pine Ave - T/L onto Se 17th St to the property on the left on the corner of SE 17th and SE 14th Ave. Realtor Remarks: Both parcels are sold together only. A rezoning will be required for PUD, multi-family, or townhouse development. Commission is paid only upon a successful closing. Listing Agent has a vested interest in the property being offered for sale.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.1210902
    Latitude
    29.1718965

    Comparable in this City

    • $1,200,000

      Ocala Development Opportunity on SE 17th

      1.7-acre parcel for PUD, multi-family, or apartment redevelopment.
      1333 SE 17Th St, Ocala, FL 34471
      View Details
    • $390,000
      3.77 Acres

      Ocala Commercial Land For Sale

      3.77-acre commercial site in Ocala's Medical/Office corridor.
      3034 SE 3Rd Ave, Ocala, FL 34471
      View Details
    • $3,000,000
      0.95 Acres

      Prime Commercial Land in Ocala

      High-traffic location near World Equestrian Center, ideal for investment.
      NW 70Th St, Ocala, FL 34471
      View Details
    • $5,000,000

      Ocala Land Parcel For Sale

      22-acre commercial land parcel in Ocala, Florida.
      2407 SW 20Th Ct, Ocala, FL 34471
      View Details
    • Contact for pricing

      2904 SW 27th Avenue, Ocala, FL 34471

      Commercial land
      2904 SW 27Th Ave, Ocala, FL 34471
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      2904 SW 27th Avenue, Ocala, FL 34471

      Commercial land
      2904 SW 27Th Ave, Ocala, FL 34471
      View Details
    • $350,000
      Pending

      Prime Corner Lot For Sale

      0.78 acre corner lot with high traffic count.
      2259 S Pine Ave, Ocala, FL 34471
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr

      New Retail/Office Center Opportunity

      Class A retail/office center with customizable spaces, ready 4/1/26.
      207 S Pine Ave, Ocala, FL 34471
      View Details
    • $28 SF/Yr
      6,098 SF

      Downtown Ocala Office Space Available

      Premium office suites in a well-maintained, professional building.
      44 SE 1St Ave, Ocala, FL 34471
      View Details
    • Contact for pricing

      Office/Retail Space on SR200

      Second-floor space with high visibility, suitable for office or retail.
      2611 SW College Rd, Ocala, FL 34471
      View Details
    • Contact for pricing

      Downtown Ocala Office Space Available

      Class A office space in downtown Ocala for lease.
      118 SW Fort King St, Ocala, FL 34471
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1333 SE 17Th St
    Ocala, FL 34471
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!