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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20730907
20730908

2416 SE 58th Ave, Ocala, FL 34480

RG
OH - 2018005194
Matthews
BS
SL3540848
Matthews
Listed by Matthews
$5,000,000
258 days on market
Updated 149 days ago

BASELINE PLAZA

Details
Property Type Retail
Sub Type Shopping Center
Net Rentable (SqFt) 44,000
Cap Rate 7.28%
NOI $363,988
Occupancy 76%

INCOME TAX ADVANTAGE

Investment highlights

  • INCOME TAX ADVANTAGE – Located in Florida, one of the few states with no state income tax, offering investors potential tax savings and increased net returns.

  • UPSIDE WITH UNDER-MARKET RENTS – Current rental rates are below market, offering a strong opportunity for rent growth and increased cash flow as leases renew.

  • HIGH-GROWTH OCALA MARKET – Ocala’s booming economy, growing population, and demand for retail space position this asset within a thriving market.

  • VALUE-ADD WITH CURRENT OCCUPANCY – The property’s current occupancy allows for income growth through lease-up and proactive management.

  • PRIME OUTPARCEL DEVELOPMENT OPPORTUNITY – The property includes an outparcel ready for development, offering additional income potential and the flexibility to attract new tenants or establish a high-demand use, further enhancing the Plaza’s value.

Listing Contacts

RG
OH - 2018005194
Matthews
BS
SL3540848
Matthews
Listed by Matthews

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$363,988.00
$30,332.33/mo

Valuation Metrics

0
DSCR
7.28%
Cap Rate
7.28%
ROI

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Additional Information

Name
Kyle Matthews
License
CQ1066435 (FL)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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