Renovated Restaurant with Commercial
For Sale
Contact for pricing
5201 E Silver Springs Blvd, Silver Springs, FL 34488
Food-service infrastructure supports restaurant, bar, bakery, catering, and other commercial kitchen operations.
Property Size2,552 SF
Price / SF$313.09
Days on Market102
Property Features for 5201 E Silver Springs Blvd
General Information
Standard status
Active
Size
2,552 SF
Property subtype
RETAIL
Site & Location
Traffic Count
21,963 vehicles/day
Road Access
Yes
Restaurant
Seating Capacity
45
Hood Type
Type I
Commercial Hood
Yes
Grease Trap
Yes
Liquor License
No
Building Details
Year Renovated
2026
Listing Agency:
CENTURY 21 J W Morton Real Estate, Inc.
(352) 726-6668
Listed By:
Rich Fernley · License #3602811
(352) 464-2664
Source:
Moodyscre
Added: Jul 23
Changed: Oct 25
Last Checked: Nov 1 at 6:27AM
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 CENTURY 21 J W Morton Real Estate, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Extensively renovated in 2026, this 2,552-square-foot restaurant property includes substantial food-service infrastructure for restaurant and other commercial kitchen operations. Improvements include a Type I grease exhaust hood, automatic fire suppression system, multiple natural gas connections, stainless steel wall protection, fiberglass reinforced plastic (FRP) panels, ADA-compliant restrooms, and an existing commercial grease interceptor. New rough plumbing was completed for a three-compartment sink, hand sink, mop sink, and additional kitchen fixtures, along with life safety improvements.
The 674-square-foot dining area accommodates approximately 45 occupants, while an adjoining 285-square-foot flex space can support storage, office, private dining, or additional seating. The property is positioned along SR 40, with 2025 FDOT traffic counts of 21,963 AADT, within an established commercial corridor in the Ocala, FL MSA. The property has historically held liquor, beer, and wine licenses, subject to applicable licensing and regulatory approvals.
The 674-square-foot dining area accommodates approximately 45 occupants, while an adjoining 285-square-foot flex space can support storage, office, private dining, or additional seating. The property is positioned along SR 40, with 2025 FDOT traffic counts of 21,963 AADT, within an established commercial corridor in the Ocala, FL MSA. The property has historically held liquor, beer, and wine licenses, subject to applicable licensing and regulatory approvals.
Key Highlights
- Renovated in 2026 with Type I grease hood and automatic fire suppression system
- 2,552‑square‑foot restaurant property along SR 40
- 2025 FDOT traffic counts of 21,963 AADT
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
21,963 VPD
Traffic count
Yes
Paved road access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Food-service infrastructure supports restaurant, bar, bakery, catering, and other commercial kitchen operations.
Where is this conventional restaurant located?
The property is located at 5201 E Silver Springs Blvd 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: Renovated in 2026 with Type I grease hood and automatic fire suppression system; 2,552‑square‑foot restaurant property along SR 40; 2025 FDOT traffic counts of 21,963 AADT
