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$ 4,500,000
45,345 SqFt
$ 4,500,000
45,345 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Rent
Square Footage 45,345 sqft
Subdivision Allreds Add
MLS Listing ID OM725110
HOA Y/N No
Year Built 1956
Annual Tax Amount $40,364
Lot Size 5.510 Acres
Acres 5.51
Property Sub-Type Industrial
Source Stellar MLS
Property Description
Positioned in a highly functional industrial corridor, 1118 & 1120 N Magnolia Ave along with 1100 NW 1st Ave in Ocala offer a rare opportunity to lease or purchase scalable industrial footprint in Ocala. The property consists of approximately ±45,345 SF across four buildings on ±5.5 acres, featuring a flexible mix of warehouse, office, retail space, and laydown yard. Three of the four buildings are fire supressed, and the office/retail components are fully climate-controlled to support administrative and operational needs.
The site is zoned M-1 (Light Industrial) and B-5 (Heavy Commercial), allowing for a wide range of uses including manufacturing, distribution, and outdoor storage. A key feature is the ±3.26-acre B-5 zoned laydown yard, providing ample space for equipment storage, fleet operations, or material stag-ing—an increasingly hard-to-find component in the Ocala market.
Strategically located with convenient access to major transportation routes, this asset presents a strong opportunity for businesses looking to establish or expand their presence in the Ocala industrial market.
The site is zoned M-1 (Light Industrial) and B-5 (Heavy Commercial), allowing for a wide range of uses including manufacturing, distribution, and outdoor storage. A key feature is the ±3.26-acre B-5 zoned laydown yard, providing ample space for equipment storage, fleet operations, or material stag-ing—an increasingly hard-to-find component in the Ocala market.
Strategically located with convenient access to major transportation routes, this asset presents a strong opportunity for businesses looking to establish or expand their presence in the Ocala industrial market.
Location
State FL
County Marion
Community Allreds Add
Area 34475 - Ocala
Zoning M1
Interior
Cooling Other
Building
Story 1
Foundation Slab
Lot Size Range 5 to less than 10
Structure Type Block,Metal Frame,Metal Siding
New Construction false
Others
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Listed by Nolan Galloway, III GUS GALLOWAY REALTY INC
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