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2416 SE 58th Ave, Ocala, FL, 34480

Baseline Plaza
$5,000,000

Key Information

Cap Rate
7.27%
$ per SF
$125
Tot. SF
40,756
Year Built
1991/R 2017
Type
Shopping Centers
NOI
$363,988

Highlights

  • Income Tax Advantage – Located in Florida, one of the few states with no state income tax, offering investors potential tax savings and increased net returns.
  • Upside with Under-Market Rents – Current rental rates are below market, offering a strong opportunity for rent growth and increased cash flow as leases renew.
  • High-Growth Ocala Market – Ocala’s booming economy, growing population, and demand for retail space position this asset within a thriving market.
  • Value-Add with Current Occupancy – The property’s current occupancy allows for income growth through lease-up and proactive management.
  • Prime Outparcel Development Opportunity – The property includes an outparcel ready for development, offering additional income potential and the flexibility to attract new tenants or establish a high-demand use, further enhancing the Plaza’s value.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203