1007 NE 14th St | Ocala, FL 34470
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- LoopNet Team
1007 NE 14th St
Ocala, FL 34470
14th Street Plaza · Retail Property For Sale
Investment Highlights
- BELOW MARKET RENTS: Current net rents average $9.26/SF, significantly below the Ocala market average of $18.15/SF per CoStar.
- UPGRADED BUILDING SYSTEMS: All electrical and plumbing fully replaced and upgraded (2008-present) with permits.
- PROXIMITY TO NATIONAL RETAILERS: Nearby brands include Walmart, CVS, Save-A-Lot, Dunkin’, Popeyes, Family Dollar, and McDonald’s.
- EXTENSIVE CAPITAL IMPROVEMENTS: Roof redone in 2018 with new membrane and reflective coating; covered under material warranty until 2038.
- MODERNIZED HVAC: Majority of HVAC units replaced or rebuilt between 2018-2024, ensuring efficient climate control and reduced near-term capital needs.
- POSITIVE RENT GROWTH OUTLOOK: Per CoStar, market rents are projected to grow at 2.5% annually from 2024–2029, supporting long-term income growth.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,470 SF
Building Class
B
Year Built
1958
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
1.73 AC
Zoning
B-4 - Business Use
Parking
96 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
261’ on 14th St
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 25988-000-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,492,036 |
Property Taxes
Parcel Number
25988-000-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,492,036
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