Commercial real estate
Entity Owned
Absentee Owner
Free & Clear
Entity Owned 
For Lease
1 / 26
$630,000
943 NW 17Th Ave, Ocala, FL 34475
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Property summary
AI-generated overview
This exceptional 7,330 square foot mixed-use property, situated on a 1.28-acre corner lot in Ocala, Florida, presents a unique investment opportunity. The building seamlessly blends warehouse and office space, currently utilized by a diverse range of businesses including a wall panel plant, a contracting company, and real estate offices. The office area boasts three private offices, a welcoming lobby, a convenient break room equipped with a refrigerator, and a restroom. Energy efficiency is enhanced by spray foam insulation throughout the office space. The warehouse component features a restroom and five generously sized rolling bay doors – one measuring 16 feet wide by 8 feet high, and the remaining four at 10 feet wide by 8 feet high. Extensive paved outdoor space provides ample room for maneuvering large vehicles, including semi-trucks. The property benefits from recently upgraded city water and sewer connections with new plumbing throughout the building. Its prime location and versatile layout make it ideal for a variety of commercial uses, offering significant potential for growth and profitability. The asking price is $1,000,000. This property is located at 943 NW 17th Avenue, Ocala, FL.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,330 SF
Lot
1.28 ac (55,757 SF)
Zoning code
M1
APN
22297-000-00
UPID
US18-5617395
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Real Estate Agency
-
Real Estate Agency
-
Real Estate Agency
-
Real Estate Agency
-
General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
since 2025
Last sale
$865,000
5 recorded transactions
Zoning & alternative use
M1 · Ocala, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 12 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$630k
Value range
$567k – $693k
±10% around blend
Estimated value / SF
$86 / SF
Confidence
High
12 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$567k
blend $630k
$693k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,330 SF
Lot area
1.28 ac
Year built
1963
Stories
1
APN
22297-000-00
Assessed value
$223,175
Annual tax
$5,431
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$5,431
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.83M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.4 mi away · 7,664 SF
1.4 mi away · 7,292 SF
1.5 mi away · 8,240 SF
1.8 mi away · 5,441 SF
1.8 mi away · 6,640 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$630k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 166 sales
$116
-26%
Submarket 898 sales
$147
-42%
County 1175 sales
$144
-40%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $86/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$260k
Move the market yield to see immediate price impact.
Value / SF
$35
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$16k
$328k
$234k
$182k
$18k
$364k
$260k
$202k
$20k
$400k
$286k
$222k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$650k
1.1 mi · Feb 2026 · $112/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,431
Tax year 2023
Assessed value
$223,175
Assessed 2023
Previous assessed
$223,175
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$55,872
Assessed improvement
$167,303
Land market value
$55,872
Improvement market value
$236,679
Total market value
$292,551
Applied tax rate
1,001.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
7,330 SF
Lot
1.28 ac (55,757 SF)
Zoning code
M1
APN
22297-000-00
UPID
US18-5617395
Jurisdiction
MARION
Zoning & alternative use
M1 · Ocala, FLZoning M1 · permitted uses
M1 · Ocala, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.28 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1
Jurisdiction
Ocala, FL
Recorded code
M1
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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