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    The Largest CRE Database in the US with Over 1 Million Listings

    14100 Highway 19 N Salt Springs, FL 32134

    Sponsored
    For Sale
    $1,300,000

    SINGLE_FAMILY - Salt Springs, FL

    Type:Retail
    Property size:
    19,916 SF
    Lot size:
    3.73 Acres
    Days on Market:
    14
    Last Refresh:
    Feb 12 at 10:06 am

    Property Features for 14100 Highway 19 N

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Out of County
    APN
    4077626000
    Parking
    69
    Interior features
    HighCeilings
    Fencing
    Privacy
    Size
    19,916 SF
    Lot size
    3.73 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1986
    Floors in Building
    1
    Flooring type
    Vinyl, Concrete, Tile, Carpet
    Building materials
    Block, Concrete
    Roof type
    Asphalt, Shingle
    Additional Structures
    Shed(s)

    We can help!

    Listing Contact
    Richard Fernley

    Century21 J.W. Morton Real Estate, Inc (352) 726-6668

    Listing agent Richard Fernley (352) 726-6668 License #3602811

    Listing date Jan 30, 2026

    MLS# 845486

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Salt Springs Retail and Storage

    This retail plaza, encompassing 19,916 square feet, is situated in Salt Springs, within the Ocala, FL MSA. The plaza features over 80% occupancy with long-term leases, providing stable cash flow. The Ocala MSA is recognized as a rapidly growing metro area. The property includes 11 leasable retail suites and 59 humidity-controlled self-storage units, which maintain approximately 90% occupancy, contributing to a diversified revenue stream. Retail interiors are equipped with configurable wall systems, allowing for future reconfiguration and tenant expansion. The property, consisting of two parcels totaling 3.73 acres, is zoned B-2 (Community Business) and has access to public water and sewer. An outparcel offers development potential. B-2 zoning permits a range of commercial uses, including hotel, motel, restaurant, and fast-food establishments with drive-thru access. Located in Salt Springs, the plaza is adjacent to Salt Springs Resort and across from the Salt Springs Recreation Area within the Ocala National Forest. The property is positioned to benefit from Florida's eco-tourism market, which drives consistent foot traffic and demand for retail, service, and hospitality businesses. The property offers multiple revenue streams, expansion potential, and long-term upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Hair Salon Hotel & Motel Kitchen & Bath Showroom Food Market Accounting Firm Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coin Cloud Bitcoin ATM, Salt Springs Square

    Location Insight

    • Map
    • Local Demand
    City
    Salt Springs
    County
    Marion
    State
    Florida
    Longitude
    -81.736226
    Latitude
    29.358737

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    FAQs

    What type of property is this?
    Shopping center - Retail plaza with storage units in growing Ocala market.
    Where is this shopping center located?
    The property is located at 14100 Highway 19 N Salt Springs, FL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Located in the Ocala, FL MSA, the fastest-growing metro in the U.S. (2024); - Diversified revenue streams from 11 retail suites (80%+ occupancy) and 59 self-storage units (90%+ occupancy); - Significant growth potential due to projected population increase in Marion County (up to 30% by 2040) and site-ready outparcel for development
    (352) 464-2664
    Request Owner's contact information
    14100 Highway 19 N Salt Springs, FL 32134
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    Salt Springs, FL 32134
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14100 Highway 19 N Salt Springs, FL 32134
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    We can help!
    Listing Contact
    Richard Fernley
    Real Estate License ID: 3602811
    (352) 464-2664
    Learn more
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