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Baseline Plaza 2478-2514 SE 58th Ave 39,781 SF 100% Leased Retail Building Ocala, FL 34480 $5,000,000 ($125.69/SF) 6.91% Cap Rate
Investment Highlights
- Located in Florida with no state income tax, offering investors potential tax savings.
- Ocala MSA is the #1 fastest-growing metropolitan area in the United States.
- Outparcel ready for development, offering additional income and tenant flexibility.
- Current rents below market — strong opportunity for rent growth as leases renew.
- Vacant ±9,714 SF warehouse offers immediate lease-up upside and NOI growth.
- Value-add opportunity with current occupancy and proactive management upside.
Executive Summary
Kyle Matthews
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
39,781 SF
Building Class
C
Year Built
1991
Price
$5,000,000
Price Per SF
$125.69
Cap Rate
6.91%
NOI
$345,502
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
6.28 AC
Zoning
B-2
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- A2nd Chances Thrift Store
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
A2nd Chances Thrift Store is a local establishment in Ocala, FL that offers a wide selection of second-hand items at affordable prices.
- Alex Soto Comedy LLC
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| A2nd Chances Thrift Store | Retailer | - | - | Lorem Ipsum | Jan 0000 | |
| Alex Soto Comedy LLC | - | - | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,628,131 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,628,131
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Baseline Plaza | 2478-2514 SE 58th Ave
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