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B-4 Zoned Corner Commercial Land
For Sale
$75,000

787 SE 162ND Terrace, Silver Springs, FL 34488

COMMERCIAL - SILVER SPRINGS, FL

Property SizeContact for details
Lot Size0.82 Acres
Days on Market22

Property Features for 787 SE 162ND Terrace

General Information

Property type Commercial Sale
Property subtype Other
Zoning B4
Pets allowed Yes
Subdivision OWEN HEIGHTS
Lot features Central Business District, Corner Lot, In County, Level
Elementary school East Marion Elementary School
Middle school Ft McCoy Middle
High school Lake Weir High School
Directions East on Rt. 40. from Walmart in Silver Springs go 10.5 miles east on Rt. 40 to sign on left corner
Standard status Active
APN 3238-020-000
Lot size 0.82 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lots 20,30,41 of Owen Heights. And a certain parcel more particularly described as follows: The west 1/4 of the NE 1/4 of the NW 1/4 of section 23, township 15 south, range 24 east, lying north of state hwy 40
Tax Annual Amount 1371
Legal Description Lots 20,30,41 of Owen Heights. And a certain parcel more particularly described as follows: The west 1/4 of the NE 1/4 of the NW 1/4 of section 23, township 15 south, range 24 east, lying north of state hwy 40

Utilities

Utilities Cable Available
Listing Agency: SUN REALTY & ASSOC
Listed By: Daniel Craig · License #0128657
Added: Jul 15 Changed: Aug 4 Last Checked: Aug 5 at 8:06PM
MLS# OM728703

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 commercial land parcel offers B-4 zoning and is configured as a corner property with frontage on three streets. The total lot size is approximately 0.82 acres, with dimensions of about 200 feet +/- along State Road 40 and about 173 feet +/- in depth.

Included on-site are a 12x16 mobile office building and an 8x8 shed. The seller notes the zoning aligns with the intended land use per the Marion County zoning office.

Located at 787 SE 162ND Terrace in Silver Springs, this site is positioned on State Road 40 and is presented as an affordable option for small business owners and investors seeking a flexible commercial lot with existing outbuildings.

Key Highlights

  • Commercial corner property on State Road 40 with frontage on three streets
  • B‑4 zoning with matching land use, per Marion County zoning office
  • Lot size is 0.82 acres total: 200 ft +/- on State Road 40 and 173 ft +/- in depth

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Building Supply Auto Repair Shop Nail Salon

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
Paved road access

Location Intelligence

Trade Area within ½ mile

132
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Corner lot with B-4 zoning and frontage on three streets, with a small mobile office and shed included.
Where is this commercial land located?
The property is located at 787 SE 162ND Terrace Silver Springs, FL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Commercial corner property on State Road 40 with frontage on three streets; B‑4 zoning with matching land use, per Marion County zoning office; Lot size is 0.82 acres total: 200 ft +/- on State Road 40 and 173 ft +/- in depth
More about this property
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