Restaurant Building with Kitchen
5195 E Silver Springs, Silver Springs, FL 34488
For Sale
New
$799,000
Renovated food-service space includes commercial kitchen improvements, dining, and adjoining flex space.
Property Size2,552 SF
Days on Market4
Property Features for 5195 E Silver Springs
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Traffic Count
Highway Access
Road Access
Utilities to Site
Restaurant
Seating Capacity
Hood Type
Commercial Hood
Grease Trap
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Year Renovated
Buildings
Listing Agency:
Century21 J.W. Morton Real Estate, Inc
Listed By:
Rich Fernley · License #3602811
(352) 464-2664
Source:
Elliman
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 6:45AM
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 Century21 J.W. Morton Real Estate, Inc
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Investment Insights
Based on property information with market context.
This restaurant property in Silver Springs was renovated in 2026 and includes a Type I grease exhaust hood with automatic fire suppression, natural gas connections, stainless steel wall protection, FRP panels, and an existing grease interceptor. Kitchen plumbing was added for a three-compartment sink, hand sink, mop sink, and other fixtures. The dining area is approximately 674 SF with seating for about 45 occupants; adjoining flex space adds approximately 285 SF. ADA-compliant restrooms and life-safety improvements are also in place.
The property is on SR 40, with 2025 FDOT traffic counts of 21,963 AADT. It is approximately 0.6 miles from Silver Springs State Park and 0.5 miles from the SR 40 and SR/CR 35 intersection. Marion County B-2 Community Business zoning allows a range of retail, service, hospitality, and select automotive uses. Natural gas, electric, public water, and public sewer are available.
The property is on SR 40, with 2025 FDOT traffic counts of 21,963 AADT. It is approximately 0.6 miles from Silver Springs State Park and 0.5 miles from the SR 40 and SR/CR 35 intersection. Marion County B-2 Community Business zoning allows a range of retail, service, hospitality, and select automotive uses. Natural gas, electric, public water, and public sewer are available.
Key Highlights
- 2026 renovation includes a Type I hood and automatic fire suppression
- Approximately 674 SF dining area with capacity for about 45 occupants
- Adjoining approximately 285 SF flex area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,919
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,380
$618.4K
Cap Rate 7%
$441,700
$441.7K
Cap Rate 9%
$343,544
$343.5K
Market Conditions
NOI Build-Up for 2,552 SF
Gross rent
$43.5K $17.04/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$41.2K $16.15/SF
− OpEx
−$10.3K −$4.04/SF
NOI
$30.9K $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%
$618,380
Cap Rate 7%
$441,700
Cap Rate 9%
$343,544
Alternative Uses
Best Use
Specialty Retail
$441.7K
$386.5K – $515.3K
NOI $30,919 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$418.2K
$365.9K – $487.9K
NOI $29,275 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,551 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
21,963 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Renovated food-service space includes commercial kitchen improvements, dining, and adjoining flex space.
Where is this conventional restaurant located?
The property is located at 5195 E Silver Springs Silver Springs, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2026 renovation includes a Type I hood and automatic fire suppression; Approximately 674 SF dining area with capacity for about 45 occupants; Adjoining approximately 285 SF flex area
