Vacant Medical Building
Office | 17,856 SqFt
Marketing description
433 SW 10th Street is a ±17,856 square foot medical office building located in the heart of Ocala's established healthcare corridor. The property offers exceptional flexibility, with the ability to accommodate a single large user or be demised into multiple suites, making it well-suited for healthcare providers, owner-users, or investors seeking a value-add medical office opportunity.
Ideally positioned within walking distance of both AdventHealth Ocala and HCA Florida Ocala Hospital, the property benefits from direct access to one of Central Florida's strongest healthcare markets. Ocala continues to experience significant population growth and increasing demand for outpatient medical services, supporting long-term occupancy and investment fundamentals.
In addition to the building's versatility, the property includes an on-site billboard that provides the opportunity for supplemental income through third-party advertising or owner use. The combination of scale, location, flexibility, and additional revenue potential creates a compelling opportunity within a highly sought-after medical corridor.
Investment highlights
- Strategic Healthcare Corridor Location - Situated in the heart of Ocala's premier medical district, the property is within walking distance of both AdventHealth Ocala and HCA Florida Ocala Hospital, providing immediate access to a dense concentration of physicians, healthcare providers, medical staff, and patient traffic.
- Large Medical Office Footprint - The ±17,856 square foot building offers a rare opportunity to acquire a sizeable medical office asset in a market where large contiguous healthcare spaces are limited. The property's scale allows for a variety of medical and professional office uses.
- Flexible Occupancy Options - The building can accommodate a single institutional user, large specialty practice, surgery center, imaging center, rehabilitation provider, or be demised into multiple suites for a multi-tenant investment strategy, providing numerous paths to maximize value.
- Value-Add Leasing Opportunity - Investors have the ability to reposition the asset through lease-up, suite reconfiguration, modernization, or strategic tenant placement within a market experiencing continued demand for outpatient healthcare facilities.
- Additional Billboard Revenue Stream - The property includes an on-site billboard, creating the opportunity for supplemental income through third-party advertising leases while providing an additional source of revenue not commonly found with traditional medical office investments.
- Proximity to Major Referral Sources - The property's location near two major hospital systems creates a highly desirable setting for medical practices seeking referral relationships, physician connectivity, and patient convenience.
- Multiple Exit Strategies - Whether repositioned as a stabilized multi-tenant medical office investment, leased to a single-credit healthcare tenant, or occupied by an owner-user, the property offers flexibility and multiple avenues for future value creation and disposition.
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