Dual-Building Automotive NNN
3680 E SILVER SPRINGS Boulevard Ocala, FL 34470
For Sale
$1,350,000
SINGLE_FAMILY - OCALA, FL
Property Size4,114 SF
Lot Size0.86 Acres
Price / SF$328.15
Days on Market47
Property Features for 3680 E SILVER SPRINGS Boulevard
General Information
Property type
Residential
Property subtype
Retail
Zoning
B2A
Standard status
Active
APN
2731-001-000
Size
4,114 SF
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 11 TWP 15 RGE 22 PLAT BOOK S PAGE 034 OCALA SQUARE LOT 1
Tax Annual Amount
6970
Utilities
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1984
Floors in Building
1
Building materials
Concrete
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Mauricio Gomez · License #3303809
(407) 272-7277
Added: Jun 12
Changed: Jul 20
Last Checked: Jul 28 at 3:06AM
MLS# O6416521
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.
Offered is a dual-building automotive investment property on approximately 0.86 acres, zoned B2A. The primary building is occupied by Take 5 Oil Change under a corporate-guaranteed NNN lease, with 7 years remaining on the initial 15-year term. The original structure was built in 1984 and has been recently improved, including a reroof in 2023 and fresh exterior paint.
The site also includes a second freestanding building currently configured for automotive use, described as a detailing, tinting, and tire shop-style facility. Substantial paved area supports circulation and parking, including over 13,900 SF of asphalt paving plus additional concrete improvements.
The property totals 4,114 square feet and is positioned along E Silver Springs Blvd in Ocala, FL, within a commercial corridor setting. A portion of the investment value is tied to the leasing and optimization of the secondary building for an automotive-related use, per the provided underwriting assumptions.
The site also includes a second freestanding building currently configured for automotive use, described as a detailing, tinting, and tire shop-style facility. Substantial paved area supports circulation and parking, including over 13,900 SF of asphalt paving plus additional concrete improvements.
The property totals 4,114 square feet and is positioned along E Silver Springs Blvd in Ocala, FL, within a commercial corridor setting. A portion of the investment value is tied to the leasing and optimization of the secondary building for an automotive-related use, per the provided underwriting assumptions.
Key Highlights
- Dual‑building automotive property on +/-0.86 acres along E Silver Springs Blvd in Ocala, FL
- Primary building built in 1984; Take 5 Oil Change on a corporate‑guaranteed NNN lease with 7 years remaining on the initial 15‑year term
- Recent improvements include reroof in 2023 and fresh exterior paint on the primary building
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.5k | $37.08 |
| − Vacancy | −$4.7k | −$1.15 |
| EGI | $147.8k | $35.93 |
| − OpEx | −$44.3k | −$10.78 |
| NOI | $103.5k | $25.15 |
4,114 SF · lease $37.08/SF/yr · vacancy 3.10% · expense 30.00%
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
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
NNN property - Two freestanding automotive buildings sit on about 0.86 acres, with one under a corporate-guaranteed NNN lease.
Where is this nnn property located?
The property is located at 3680 E SILVER SPRINGS Boulevard 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 property on +/-0.86 acres along E Silver Springs Blvd in Ocala, FL; Primary building built in 1984; Take 5 Oil Change on a corporate‑guaranteed NNN lease with 7 years remaining on the initial 15‑year term; Recent improvements include reroof in 2023 and fresh exterior paint on the primary building
