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Property profile & analytics
FOR SALE
Commercial real estate
5407 NW 44Th Ave Ocala, FL 34482
Individually Owned
8-yr Hold
Free & Clear
Property ID
US18-0291012
For Sale
1 / 14
$8,000,000
5407 NW 44Th Ave, Ocala, FL 34482
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
60,556 SF
Lot
11.73 ac (510,959 SF)
Zoning code
M1
APN
13538-002-01
UPID
US18-0291012
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
-
Hickory Springs Manufacturing Company Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$2.33M
Owner & transaction history
Southern Hills Ltd · 8 yrs held
Southern Hills Ltd
since 2017
6 recorded transactions
Zoning & alternative use
M1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.33M
Range $2.10M – $2.56M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$38 / SF
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
$41,924
Tax year 2023
Assessed value
$2,247,143
Assessed 2023
Previous assessed
$2,101,320
+6.9% YoY
Effective rate
1.87%
On assessed value
Assessed land
$766,438
Assessed improvement
$1,480,705
Land market value
$766,438
Improvement market value
$1,693,048
Total market value
$2,459,486
Applied tax rate
9,002.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
60,556 SF
Lot
11.73 ac (510,959 SF)
Zoning code
M1
APN
13538-002-01
UPID
US18-0291012
Jurisdiction
MARION
Zoning & alternative use
M1 · Ocala, FL
Zoning M1 · permitted uses
M1 · 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
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
11.73 ac
Current owner
From public records · entity-resolved
Southern Hills Ltd
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 409, BOYCE, VA 22620-0409
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2017
—
Southern Hills Ltd
Scorpion Estate Invs Of Mar Coc
Trustees Deed
related
—
Dec 22, 2009
$2,000,000
Scorpion Real Estate Investments Of
Southern Hills Limited
Warranty Deed
$2,000,000 · Southern Hills Limited
Jun 20, 2007
$2,000,000
Southern Hills Ltd
Wiley Properties LLP
Grant Deed
related
—
Jun 1, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Scorpion Real Estate Invs Of Mari
—
Loan Modification
related
$3,000,000 · Eial & Leslie Golan
—
—
Scorpion Real Est Invs Of Marion
—
Deed Of Trust
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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