1118 MAGNOLIA AVENUE
OCALA, FL 34475
About this home
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.
Facts & features
Interior
- Living area
- 45,345 sqft
- Cooling
- Other
- Stories
- 1
Exterior & lot
- Lot size
- 98,010 sqft (5.51 ac)
- Construction
- Block, Metal Frame, Metal Siding
Financial
- Annual tax
- $40,365 (2025)
- Price / sqft
- $99.2/sqft
Property
- Property type
- Single Family
- Year built
- 1956
- Subdivision
- ALLREDS ADD
- County
- Marion
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR791160539
- Source
- Stellar MLS
Listed by Nolan Galloway, III · GUS GALLOWAY REALTY INC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 30 comparable sales within 4 miles of OCALA, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $22,754/mo
- Property tax
- $3,364/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 9, 2026 | Listed | $4,500,000 | — |
NeighbourhoodSample data
Reference scores for OCALA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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