Date
Details
Price
Change
Source
6/09/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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.
Full Property Details
Full Property Details for 1118 N Magnolia Ave
General
- Price: $375,000
- Taxes: $40,364 (2025)
- Status: Active
- Type: Commercial Lease
- Source: MidFloridaRegionalMLS
- MLS ID: OM725110
- Updated: 6/9/2026
- Added to Site: 2 day(s) ago
Rental Information
- Lease/Rent Term: 6 + Years
Location
- Area: 34475 - Ocala
- County: Marion
- Development Name: 34475 - Ocala
- Subdivision: ALLREDS ADD
- Driving Directions: From Downtow Ocala head N On NE 1st Ave Merge on to N Magnolia Ave. Property on the left.
Community
- Community Name: 34475 - Ocala
Heating & Cooling
- Cooling Type: Other
Structural Information
- # Buildings: 3
- Exterior Const.: Block, Metal Frame, Metal Siding
- Square Feet: 45,345
- Sq. Ft. Source: Public Records
- Year Built: 1956
Lot Features
- Lot Size (Acres): 5.51
- Lot Size (Sq. Ft.): 98,010
- Lot Size: 2.25
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $40,364.79
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SEC 07 TWP 15 RGE 22 PLAT BOOK A PAGE 074 ALLREDS ADD OCALA BLK K LOTS 2 & ALL OF FL CENTRAL LAND CO SUB OF LOT 1 & BLK P LOTS 3.4 LYING SLY OF THE SLY ROW LINE OF THE SEABOARD COASTLINE RR CO SPUR TRACK & THAT PORTION OF GRANT ST LYING BETWEEN THE N BNDY OF LOTS 1.2 BLK K & THE S BNDY OF LOTS 3.4 BLK P & SLY OF THE SLY ROW LINE OF THE SEABOARD COASTLINE RR CO SPUR TRACK & EXC RD ROW FOR N MAGNOLIA AVE ALL BEING MORE PARTICULARLY DESC: BEGIN AT THE SW COR OF LOT 2 BLK K TH N 289.20 FT TO THE INT ERSECTION WITH THE SLY ROW LINE OF THE SEABOARD COASTLINE RR CO SPUR TRACK PT BEING ON A CURVE CONC
- Flood Zone Info: AE
- APN: 2572016003
- Property ID: 2572016003
- Block/Lot/Section: K
Listed by Gus Galloway Realty Inc
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Listing agents
— 1118 N Magnolia Ave —
Gus Galloway Realty Inc
Gus Galloway Realty Inc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1118 N Magnolia Ave
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Wyomina Park Elementary School 511 Northeast 12th Avenue, Ocala, FL 34470 | PK-5 | 1 mi |
Howard Middle School 1655 Nw 10th St, Ocala, FL 34475 | 6-8 | 1 mi |
Vanguard High School 7 Northwest 28th Street, Ocala, FL 34475 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1118 N Magnolia Ave
Estimate the Cost
Estimate the Cost for 1118 N Magnolia Ave
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![[Address not provided], Ocala, FL 34474 - Photo 1](https://m1.cbhomes.com/p/647/OM718116/76e3AdB653c3490/s23cc.webp)
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![[Address not provided], Ocala, FL 34474 - Photo 1](https://m.cbhomes.com/p/647/OM701588/230801B7DAD4459/s23cc.webp)
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1118 N Magnolia Avenue, Ocala, FL 34475 (MLS# OM725110) is a Commercial Lease property. 1118 N Magnolia Avenue is currently listed for $375,000 and was received on June 09, 2026. Want to learn more about 1118 N Magnolia Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.