Ocala Commercial Property on Silver
For Sale
$390,900
1327 E SILVER SPRINGS, Ocala, FL 34470
High-visibility corner lot with flexible zoning near downtown Ocala.
Property Size3,083 SF
Lot Size0.30 Acres
Price / SF$251.38
Days on Market216
Property Features for 1327 E SILVER SPRINGS
General Information
Standard status
Active
Size
3,083 SF
Lot size
0.30 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,991
Building Details
Building Size
3,083 SF
Year Built
1950
Listing Agency:
LPT Realty, LLC.
Listed By:
Keegan Siegfried · License #3293169
(813) 670-7226
Source:
Elliman
Added: Mar 10
Changed: Oct 11
Last Checked: Oct 11 at 8:22AM
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 LPT Realty, LLC.
Investment Insights
Based on property information with market context.
This commercial property, formerly a gas station, is located on a corner lot on Silver Springs Boulevard, one mile from historic downtown Ocala. The site benefits from high visibility and traffic. The property includes a 1,555-square-foot building featuring an open interior space and large display windows. A covered 1,525-square-foot pump canopy is also present. City utilities are in place. The property is zoned for commercial use, making it suitable for various ventures such as a retail shop, café, brewery, restaurant, or salon. The site has a closed in-place underground fuel tank filled with grout. The seller will provide the latest environmental reports and assist the buyer with state agency contacts for further information. The property is sold as is.
Key Highlights
- High‑visibility corner lot location on Silver Springs Blvd with steady vehicle and foot traffic.
- Prime location only one mile from historic downtown Ocala.
- Flexible zoning suitable for various commercial ventures (verify with local municipality).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,840
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,800
$376.8K
Cap Rate 7%
$269,143
$269.1K
Cap Rate 9%
$209,333
$209.3K
Market Conditions
NOI Build-Up for 1,555 SF
Gross rent
$26.5K $17.04/SF
− Vacancy
−$1.4K −$0.89/SF
EGI
$25.1K $16.15/SF
− OpEx
−$6.3K −$4.04/SF
NOI
$18.8K $12.12/SF
Area
Marion County, FL
Vacancy
5.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,800
Cap Rate 7%
$269,143
Cap Rate 9%
$209,333
Alternative Uses
Best Use
Retail
$558.7K
$488.9K – $651.8K
NOI $39,110 @ 7.0% cap · market cap 10.01%
Second Best
Specialty Retail
$269.1K
$235.5K – $314.0K
NOI $18,840 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$849.1K
$743.0K – $990.7K
NOI $59,440 @ 7.0% cap · market cap 15.21%
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
1,128
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Gas station - High-visibility corner lot with flexible zoning near downtown Ocala.
Where is this gas station located?
The property is located at 1327 E SILVER SPRINGS Ocala, FL.
What is the asking price?
The asking price for this property is $390,900.
What are key features of this property?
This property features: High‑visibility corner lot location on Silver Springs Blvd with steady vehicle and foot traffic.; Prime location only one mile from historic downtown Ocala.; Flexible zoning suitable for various commercial ventures (verify with local municipality).
