
Improved Commercial Land for Lease in Ocala, Florida
1118 N Magnolia Ave, Ocala, FL 34475
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.
Lease details
- Price
- $375,000 monthly
Location
- Street address
- 1118 N Magnolia Ave
- County
- Marion County
- Zip code
- 34475
- Community
- Allreds Add
- Elevation
- 61 feet
Directions
From Downtow Ocala head N On NE 1st Ave Merge on to N Magnolia Ave. Property on the left.
Property details
- Acreage
- 5.51 acres
- Zoning
- M1
- MLS #
- MFRMLS OM725110
- Posted
Property taxes
- 2025
- $40,365
Parcels
- 2572-016-003
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 CONCAVE SLY & A CENTRAL ANGEL OF 15-24-12 & A RADIUS OF 358.55 FT TH ELY ALONG THE ARC 96.39 FT (CHORD BEARING & DISTANCE OF N 83-01-53 E 96.10 FT) TO A
Resources
Details and features
Listing
- Type
- Commercial Lease
- Subtype
- Industrial
Structure
- Materials
- Block, Frame, Metal Siding
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 9, 2026 | New listing | $375,000 | — | MFRMLS |










































































