1731 2nd Ave Ocala, FL 34471-8109
- Commercial real estate
- 5,406 SF
- 0.63 lot acres
May 21, 2025
Current Use by Public Records
- Pain Dr. Ocala / Physician
- Danny J Mclaughlin / Physician
- Ulseth Robert N MD / Physician
- Agda Hart / Physician
Property Details for 1731 2nd Ave
- Year built
- 2003
- Construction
- WOOD FRAME
- Lot size
- 0.63 lot acres
- Property size
- 5,406 SF
- Zone code
- B2
- Property type
- Commercial real estate
- APN
- 28578-002-31
- APU
- 2857800231
Description
This exceptional two-story medical office building, situated on a 0.63-acre lot in Ocala, Florida, presents a compelling investment opportunity. Boasting 5,405 square feet of well-maintained space, the building features a thoughtfully designed layout ideal for a variety of medical practices. The ground floor includes a boardroom, break room, and five exam rooms, while the second floor offers nine versatile rooms, two of which are suitable for executive offices or additional boardrooms. Built in 2003, the property includes ample amenities such as conference rooms, reception areas, and additional break rooms. The building's B-2 zoning allows for flexibility in its future use. Its convenient location near S Pine Ave offers easy access to hospitals, restaurants, and other medical facilities. The property also provides 20 parking spaces for staff and patients. With a list price of $995,000 ($184.09 per square foot), this property represents a strong value in a desirable location. The layout allows for the potential to lease portions of the building, providing additional income streams for the owner. This is a turnkey opportunity for a medical practice seeking a well-equipped and strategically located facility. The property is located at 1731 SW 2nd Ave, Ocala, FL 34471.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $685,000
- ML approach
- $690,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,130,000
- 6.5%
- $1,045,000
- 7%
- $970,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $918,000
- AI Estimate
- $508,000
Market price range: $571k - $1.26MMarket price range: $217k - $735k
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Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.1384
- Latitude
- 29.1704
- CBSA code
- 36100
- CBSA name
- OCALA, FL METROPOLITAN STATISTICAL AREA