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Commercial Land with Mixed Zoning
For Sale
$499,900

10951 E HIGHWAY 40, Silver Springs, FL 34488

Land, SILVER SPRINGS, FL

Property SizeContact for details
Lot Size8.40 Acres
Days on Market461

Property Features for 10951 E HIGHWAY 40

General Information

Property type Commercial Sale
Property subtype Other
Zoning B4
Pets allowed Yes
Directions US-17 N/US-92 E Use the left 2 lanes to turn left onto FL-15 Alt N Drive to FL-40 W in Marion County Use the left 2 lanes to turn left onto US-17 N Turn left onto FL-40 W
Subdivision 34488 - Silver Springs
Standard status Active
APN 31714-001-00
Lot size 8.40 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SEC 01 TWP 15 RGE 23 COM 1/2 MILE POST BETWEEN SEC S 1.2 TH S 00-38-00 E 187.44 FT TO THE POB TH S 00-43-37 E 476.64 FT TH S 85-21-54 E 311.27 FT TH N 00-43-37 W 501.11 FT TH N 89-52-24 W 309.94 FT TO THE POB AKA TRACT 1997 & SEC 02 TWP 15 RGE 23 E 5 00 FT OF NE 1/4 OF SE 1/4 OF SEC 2 LYING NLY OF SR 40 EXC COM AT THE NE COR OF NE 1/4 OF SE 1/4 OF SEC 2 TH S ALONG E SEC LINE OF SAID SEC TO A PT WHERE SEC LINE INTER NLY ROW OF SR 40 TH WLY ALG N ROW LINE SR 40 340 FT TO THE POB TH WLY ALONG N ROW LINE OF SR 40 160 FT TH N 621.50 FT TH E 158.93 FT TH S 635.3 FT TO THE POB
Tax Annual Amount 3333
Legal Description SEC 01 TWP 15 RGE 23 COM 1/2 MILE POST BETWEEN SEC S 1.2 TH S 00-38-00 E 187.44 FT TO THE POB TH S 00-43-37 E 476.64 FT TH S 85-21-54 E 311.27 FT TH N 00-43-37 W 501.11 FT TH N 89-52-24 W 309.94 FT TO THE POB AKA TRACT 1997 & SEC 02 TWP 15 RGE 23 E 5 00 FT OF NE 1/4 OF SE 1/4 OF SEC 2 LYING NLY OF SR 40 EXC COM AT THE NE COR OF NE 1/4 OF SE 1/4 OF SEC 2 TH S ALONG E SEC LINE OF SAID SEC TO A PT WHERE SEC LINE INTER NLY ROW OF SR 40 TH WLY ALG N ROW LINE SR 40 340 FT TO THE POB TH WLY ALONG N ROW LINE OF SR 40 160 FT TH N 621.50 FT TH E 158.93 FT TH S 635.3 FT TO THE POB
Listing Agency: KELLER WILLIAMS ADVANTAGE REALTY · Keller Williams Realty
Listed By: Barrett Spray · License #SL590021
Added: Jun 17, 2025 Changed: Aug 21 Last Checked: Sep 20 at 6:06AM
MLS# O6321633

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This vacant commercial land offering encompasses 8.4 acres with two documented zoning components. Approximately 4.82 acres carry B4 heavy commercial zoning, while 3.58 acres are designated A1 agricultural. The property size is listed as 0 square feet, reflecting a land-only offering rather than an existing building asset.

The tract is located on E Highway 40 in Silver Springs, Marion County, Florida. Highway 40 is identified for a future expansion to four lanes under an FDOT project, although a construction start date has not been established. The combination of commercial and agricultural zoning creates a clearly defined split across the acreage for evaluation under applicable land-use requirements.

Key Highlights

  • 8.4‑acre vacant commercial land offering
  • 4.82 acres zoned B4 heavy commercial
  • 3.58 acres zoned A1 agricultural

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Home Appliance Store Restaurant Wine and Liquor Store Electronics & Wireless Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 34488, FL

11,392
Population
6,816
Households
1.7
Avg Household Size
52
Median Age
19%
College-Educated
87%
High-School Grad
85.6 sq mi
ZIP Area
133
Density / Sq Mi
$45,239
Median Household Income
$29,074
Median Earnings
$1,098
Median Rent
$75,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant acreage combines B4 heavy commercial zoning with A1 agricultural zoning along a state highway corridor.
Where is this commercial land located?
The property is located at 10951 E HIGHWAY 40 Silver Springs, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 8.4‑acre vacant commercial land offering; 4.82 acres zoned B4 heavy commercial; 3.58 acres zoned A1 agricultural
More about this property
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