1706 N MAGNOLIA AVE ALL UNITS OCALA FL 32792-9009
Flex/Warehouse in Ocala | 3 Buildings | $1,250,000 | Value-Add Upside
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Property Description
Panther Capital Group is pleased to present 1706 N Magnolia Ave, a ±10,985 SF multi-building flex retail/warehouse property situated on 0.95± acres in the heart of Ocala, Florida. The property consists of three freestanding buildings offering a versatile combination of office/showroom and warehouse space, each unit equipped with at least one grade-level bay door — making it immediately functional for a wide range of commercial users.
Zoned B-4 (General Business) by the City of Ocala, the property accommodates retail, service, automotive, light industrial, and contractor-oriented uses, providing one of the broadest permitted-use profiles available in this submarket. The location offers direct frontage on N Magnolia Ave and quick access to US Hwy 441/301 and US Hwy 27, positioning tenants and owner-users along Ocala's primary commercial corridor with strong daily traffic counts and regional connectivity.
Investment Highlights
- ±10,985 SF across three buildings on 0.95± acres
- B-4 General Business zoning — broad permitted use
- Grade-level bay doors throughout; office/showroom + warehouse configuration in each unit
- Three units currently available for lease-up, presenting immediate value-add opportunity
- Direct frontage on N Magnolia Ave; access to US 441/301 and US 27
- Priced at approximately $114/SF — well below replacement cost for functional flex product in this market
- Ideal for investors, owner-users, or a combination of both
Available Units
- Unit 102: ±2,800 SF | 900 SF office/showroom + 1,900 SF warehouse | Grade-level bay door
- Unit 201: ±1,020 SF | Grade-level bay door
- Unit 301: ±1,150 SF | Grade-level bay door
Market Overview Ocala continues to benefit from strong population growth, business relocation activity, and its strategic position along the I-75 corridor between Tampa, Orlando, and Jacksonville. Demand for functional flex and light industrial space in the market has remained consistent, while new supply of comparable product remains constrained. This property represents a rare opportunity to acquire a multi-tenant flex asset in a high-visibility Ocala location at a competitive basis.
Asking Price: $1,250,000 Contact Tallie Washington | Panther Capital Group 📞 (407) 508-4315 | [email protected]
Investment highlights
What You're Getting
This is a multi-building flex asset with office/showroom in front and working warehouse space behind — grade-level bay doors in every unit. It's the layout that service businesses, contractors, automotive operators, and distributors actively search for and rarely find available in a market this strong.
Situated directly on N Magnolia Ave with quick access to US Hwy 441/301 and US Hwy 27, visibility and accessibility are two things you won't have to sell to a tenant — they'll see it immediately.
The Numbers
- Asking Price: $1,250,000
- Price Per SF: ~$114/SF — well below replacement cost
- Total SF: ±10,985 SF across 3 buildings
- Site: 0.95± acres
- Zoning: B-4 General Business — retail, service, automotive, contractor uses all permitted
The Value-Add Angle
Three units are currently available, representing immediate lease-up upside:
- Unit 102 — ±2,800 SF | 900 SF office/showroom + 1,900 SF warehouse | Grade-level bay door
- Unit 201 — ±1,020 SF | Grade-level bay door
- Unit 301 — ±1,150 SF | Grade-level bay door
Lease those three units at market rate and your yield increases from day one. The existing occupied units provide a cash flow base while you execute the lease-up — that's the structure investors look for.
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