Dual-Building Automotive NNN
For Sale
$1,350,000
3680 E Silver Springs Boulevard OCALA, Ocala, FL 34470
Take 5 Oil Change operates under a corporate-guaranteed NNN lease on a dual-building automotive site with recent improvements.
Property Size4,144 SF
Lot Size0.86 Acres
Price / SF$328.15
Days on Market94
Property Features for 3680 E Silver Springs Boulevard OCALA
General Information
Standard status
Active
Size
4,144 SF
Lot size
0.86 Acres
Zoning
B2A
Taxes and HOA fees
Annual Taxes
$6,970
Amenities
1
Public Records
true
37462
0.86
false
Asphalt
Block
Business District,Main Throrughfare
4144
2
Building Details
Building Size
4,144 SF
Year Built
1984
Buildings
2
Stories
1
Listed By:
Garrett Allen
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 6
Changed: Oct 3
Last Checked: Oct 5 at 3:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Garrett Allen
Investment Insights
Based on property information with market context.
Offered is a dual-building automotive investment property featuring a primary building occupied by Take 5 Oil Change under a corporate-guaranteed NNN lease. The lease structure includes 7 years remaining on the initial 15-year term. The primary structure was built in 1984 and has been recently improved with a reroof completed in 2023 and fresh exterior paint. A second freestanding building on-site is currently configured for automotive use as a detailing, tinting, and tire shop-style facility, and it includes substantial paved site areas supporting vehicle circulation and operations.
The property is located along E Silver Springs Blvd in Ocala, Florida, on a 0.86-acre site zoned B2A. Site improvements include over 13,900 SF of asphalt paving, with additional concrete improvements described as supporting stacking and parking. The second building is noted as having previously been used for car wash/auto repair, and the current configuration supports automotive-focused uses within the commercial corridor.
The property is located along E Silver Springs Blvd in Ocala, Florida, on a 0.86-acre site zoned B2A. Site improvements include over 13,900 SF of asphalt paving, with additional concrete improvements described as supporting stacking and parking. The second building is noted as having previously been used for car wash/auto repair, and the current configuration supports automotive-focused uses within the commercial corridor.
Key Highlights
- Dual‑building automotive investment on 0.86 acres with 4,144 total building area
- Take 5 Oil Change on corporate‑guaranteed NNN lease with 7 years remaining on the initial 15‑year term
- Recently improved: reroof in 2023 and fresh exterior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,473
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,069,460
$2.1M
Cap Rate 7%
$1,478,186
$1.5M
Cap Rate 9%
$1,149,700
$1.1M
Market Conditions
NOI Build-Up for 4,114 SF
Gross rent
$152.5K $37.08/SF
− Vacancy
−$4.7K −$1.15/SF
EGI
$147.8K $35.93/SF
− OpEx
−$44.3K −$10.78/SF
NOI
$103.5K $25.15/SF
Area
Marion County, FL
Vacancy
3.10%
Lease Rate
$37.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,069,460
Cap Rate 7%
$1,478,186
Cap Rate 9%
$1,149,700
Alternative Uses
Best Use
Retail
$1.48M
$1.29M – $1.72M
NOI $103,473 @ 7.0% cap · market cap 7.66%
Second Best
Industrial
$674.2K
$589.9K – $786.6K
NOI $47,194 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,259 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34470, FL
20,483
Population
10,121
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
13.4 sq mi
ZIP Area
1,529
Density / Sq Mi
$49,592
Median Household Income
$36,957
Median Earnings
$1,124
Median Rent
$171,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Apex Auto Glass 352 — 2929-2 NE 3rd St, Ocala, FL 34470
- Eastside Auto Repair and Exhaust — 625 NE 36th Ave, Ocala, FL 34470
- Auto Master Mobile — E Silver Springs Blvd, Ocala, FL 34470
- Darkside Mobile Tinting — 4023 NE 7th St, Ocala, FL 34470
- Gregg's Window Tinting — 3680 E Silver Springs Blvd, Ocala, FL 34470
Frequently Asked Questions
What type of property is this?
Auto shop - Take 5 Oil Change operates under a corporate-guaranteed NNN lease on a dual-building automotive site with recent improvements.
Where is this auto shop located?
The property is located at 3680 E Silver Springs Boulevard OCALA Ocala, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Dual‑building automotive investment on 0.86 acres with 4,144 total building area; Take 5 Oil Change on corporate‑guaranteed NNN lease with 7 years remaining on the initial 15‑year term; Recently improved: reroof in 2023 and fresh exterior paint
