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    Turnkey Restaurant in Silver Springs Title is generated by Realmo AI

    5300 E Silver Springs Boulevard, Silver Springs, FL 34488

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    Claim this Listing
    For Lease
    $6,000/Mo $24 SF/Yr (calc)

    COMMERCIAL - Silver Springs, FL

    Type:Retail
    Property size:
    3,000 SF
    Lot size:
    1.32 Acres
    Added:
    May 19, 2026
    Days on Market:
    8
    Last Refresh:
    May 26 at 11:06 pm

    Property Features for 5300 E Silver Springs Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    B-4
    Bedrooms
    2
    Bathrooms
    4
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
    Standard status
    Active
    Size
    3,000 SF
    Lot size
    1.32 Acres

    Taxes and HOA fees

    Expense value
    6000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1970
    Flooring type
    Laminate

    We can help!

    Listing Contact
    Elias Kirallah
    Elias Kirallah

    Listing agent Elias Kirallah License #3123414

    Listing office Century 21 J.W.Morton R.E. 1645 W Main Street, Inverness, FL

    Listing date May 19, 2026

    MLS# 854649

    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.

    HighLights

    • Turnkey restaurant opportunity: Fully equipped, allowing for immediate operation.
    • High‑traffic location: Situated at a prominent corner with strong visibility on Hwy 40 (21,963 AADT).
    • Strong market demand: Over 104,000 residents within a 15‑minute drive time.
    • Approved for 125 seats: Ready to accommodate a substantial number of customers.
    • Growing Ocala MSA: Located in a rapidly growing area with over 428,000 residents.
    • Proximity to attractions: Minutes from Downtown Ocala and Silver Springs State Park.

    Overview

    This +/-3,000 SF end-cap restaurant space is located in Silver Springs, near Downtown Ocala and Silver Springs State Park. Approved for 125 seats, it comes fully equipped with kitchen equipment, utensils, dishes, and operational essentials. The site is positioned at the northwest corner of Hwy 40 / E Silver Springs Blvd and NE 25th Street, benefiting from strong visibility and traffic exposure, with Hwy 40 carrying approximately 21,963 AADT. The location provides direct access to the broader Ocala MSA, which exceeds 428,000 residents and has experienced significant growth since 2020. Within a 15-minute drive time, the property reaches more than 104,000 residents, with strong family-style restaurant demand and over $235 million in related food-away-from-home expenditures. More than 75% of the surrounding population has visited a family-style restaurant within the past six months, supporting strong demand for breakfast, lunch, dinner, catering, and family dining concepts. The property is located on a 1.32-acre lot. Ocala and Marion County continue to benefit from expanding rooftops, employment growth, tourism, regional traffic, and ongoing commercial development. This is a rare turn-key lease opportunity for an experienced operator, expanding brand, or local restaurateur looking to bypass much of the costly buildout process and move quickly toward occupancy and operation. The zoning is B-4.
    Property Profile Location Intelligence

    Current Use by Public Records

    Silver Springs Pawn ... Discount Store Silver Springs Diner Restaurant Sugarqueen cake supplies ... Bakery Tangley Tails Pet ... Pet Grooming Service New Life Pentecostal ... Church

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Silver Springs
    County
    Marion
    State
    Florida
    Longitude
    -82.061086
    Latitude
    29.213458

    Nearby Similar for Lease

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      Turnkey Restaurant Opportunity in Silver Springs

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      View Details
    • $950/Mo
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      Retail Space on Highway 40

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    FAQs

    What type of property is this?
    Conventional restaurant - Equipped restaurant space near Downtown Ocala and Silver Springs State Park.
    Where is this conventional restaurant located?
    The property is located at 5300 E Silver Springs Boulevard Silver Springs, FL.
    What is the lease rate?
    The lease rate is $6,000 /Mo.
    What are key features of this property?
    This property features: Turnkey restaurant opportunity: Fully equipped, allowing for immediate operation.; High‑traffic location: Situated at a prominent corner with strong visibility on Hwy 40 (21,963 AADT).; Strong market demand: Over 104,000 residents within a 15‑minute drive time.
    (352) 400-2635
    We can help!
    Listing Contact
    Elias Kirallah
    Elias Kirallah
    Real Estate License ID: 3123414
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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.

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