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Improved Commercial Land for Lease in Ocala, Florida

1118 N Magnolia Ave, Ocala, FL 34475

$375,000/mo
5.5 acres
Available lease
ago

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.

45,345
Sq feet
1956
Built

Lease details

Price
$375,000 monthly

Location

Street address
1118 N Magnolia Ave
Zip code
34475
Community
Allreds Add
Elevation
61 feet
Coordinates
29.198, -82.1372

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

Resources

Details and features

Listing

Type
Commercial Lease
Subtype
Industrial

Structure

Materials
Block, Frame, Metal Siding

Listing history

DateEventPriceChangeSource
June 9, 2026New listing$375,000MFRMLS
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This 5.51-acre property is located at 1118 N Magnolia Ave in Ocala, FL 34475. The property is available for lease. It has a 45,345 sq ft structure built in 1956.

Listed by Gus Galloway Realty, (352) 572-9109

Checked 1 hour agoUpdated Source

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