1118 N Magnolia Avenue, OCALA, FL

$4,500,000

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45,345

Square feet

5.51

Acres

About 1118 N Magnolia Avenue

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.

Features of 1118 N Magnolia Avenue

MLS® # OM725110
Price $4,500,000
Square Footage 45,345
Acres 5.51
Year Built 1956
Type Commercial Lease
Sub-Type Industrial
Status Active

Community Information

Address 1118 N Magnolia Avenue
Area Ocala
Subdivision ALLREDS ADD
City OCALA
County Marion
State FL
Zip Code 34475-5106

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Other
Fireplace No
# of Stories 1

Exterior

Foundation Slab

Additional Information

Date Listed June 9th, 2026
Days on Market 88
Zoning M1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGUS GALLOWAY REALTY INC

Listing Map

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