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20730907
20730908

2416 SE 58th Ave, Ocala, FL 34480

RG
OH - 2018005194
Matthews
BS
SL3540848
Matthews
Listed by Matthews
$5,000,000
5 days on market
Updated 0 days ago

BASELINE PLAZA

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 39,781
Cap Rate 7.00%
NOI $345,502
Tenancy Multi
Price per SqFt $124
Year Built 1991
Year Renovated 2017
Ground Lease No

Value-Add Strip Center in America's Fastest-Growing MSA — Ocala, FL

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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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$345,502.00
$28,791.83/mo

Valuation Metrics

0
DSCR
6.91%
Cap Rate
6.91%
ROI

Map

Zoning

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B-2 CommercialRetail CommercialCommunity Business
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Last updated Jan 27, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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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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