Two-Building Automotive
New
For Sale
$1,350,000
3680 E SILVER SPRINGS, Ocala, FL 34470
A corporate-guaranteed NNN lease occupies the main building, while a separate structure is configured for detailing, tinting, and tire services.
Property Size4,114 SF
Lot Size0.86 Acres
Days on Market3
Property Features for 3680 E SILVER SPRINGS
General Information
Standard status
Active
Size
4,114 SF
Lot size
0.86 Acres
Property subtype
Commercial
Zoning
B2A
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,970
Building Details
Building Size
4,114 SF
Year Built
1984
Buildings
2
Listing Agency:
LPT REALTY, LLC
Listed By:
Mauricio Gomez · License #SL3303809
(407) 272-7277
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 8:24AM
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.
At 3680 E Silver Springs in Ocala, this automotive property occupies ±0.86 acres and includes two freestanding buildings. The primary structure, built in 1984, is leased to Take 5 Oil Change under a corporate-guaranteed NNN lease, with 7 years remaining on its initial 15-year term. Improvements include a 2023 reroof and fresh exterior paint. The second building is configured for detailing, tinting, and tire services. The property is zoned B2A.
Paved site improvements include over 13,900 SF of asphalt, along with additional concrete areas. These paved areas serve the site’s automotive use and support circulation, vehicle stacking, and parking.
Paved site improvements include over 13,900 SF of asphalt, along with additional concrete areas. These paved areas serve the site’s automotive use and support circulation, vehicle stacking, and parking.
Key Highlights
- ±0.86 acres with two freestanding automotive buildings
- Take 5 Oil Change occupies the primary building under a corporate‑guaranteed NNN lease
- 7 years remain on the initial 15‑year lease term
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
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
156
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - A corporate-guaranteed NNN lease occupies the main building, while a separate structure is configured for detailing, tinting, and tire services.
Where is this auto shop located?
The property is located at 3680 E SILVER SPRINGS 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: ±0.86 acres with two freestanding automotive buildings; Take 5 Oil Change occupies the primary building under a corporate‑guaranteed NNN lease; 7 years remain on the initial 15‑year lease term
