Commercial Lease · Industrial
1118 N MAGNOLIA AVENUE, OCALA, FL, 34475
Active58 days on marketListed Jun 9, 2026MLS #OM725110
About this property
The property at a glance
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.
45,345
Building sq ft
$99
Price / sq ft
5.51
Lot acres
1956
Year built
3
Buildings
M1
Zoning
Industrial
Property type
The numbers
Investment snapshot
NNN
Lease structure
6 + Years
Lease term
Estimated payment (illustrative)
Estimated payment
$23,759/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
14,812
Population
$33,515
Median income
36.1
Median age
2.65
Avg household
$170,300
Median home value
$871/mo
Median rent
1,649
Households w/ kids
Recent sales
What actually sold near 1118 N MAGNOLIA AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$3,500,000
1056 NE 16TH STREET
38,480 sqft · $91/sqft · Sold Oct 10, 2025
$67,068
1120 SW 12TH STREET
54,308 sqft · $1/sqft · Sold Mar 31, 2025
$2,500,000
525 SW 16TH STREET
24,005 sqft · $104/sqft · Sold Jul 15, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1118 N MAGNOLIA AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1118 N MAGNOLIA AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of GUS GALLOWAY REALTY INC · Nolan Galloway, III. MLS #OM725110.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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