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Corner Commercial Land
For Sale
$75,000

787 SE 162ND Terrace, Silver Springs, FL 34488

Land, SILVER SPRINGS, FL

Property SizeContact for details
Lot Size0.82 Acres
Days on Market67

Property Features for 787 SE 162ND Terrace

General Information

Property type Commercial Sale
Property subtype Other
Zoning B4
Pets allowed Yes
Subdivision OWEN HEIGHTS
Lot features Central Business District, Corner Lot, In County, Level
Elementary school East Marion Elementary School
Middle school Ft McCoy Middle
High school Lake Weir High School
Directions East on Rt. 40. from Walmart in Silver Springs go 10.5 miles east on Rt. 40 to sign on left corner
Standard status Active
APN 3238-020-000
Lot size 0.82 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lots 20,30,41 of Owen Heights. And a certain parcel more particularly described as follows: The west 1/4 of the NE 1/4 of the NW 1/4 of section 23, township 15 south, range 24 east, lying north of state hwy 40
Tax Annual Amount 1371
Legal Description Lots 20,30,41 of Owen Heights. And a certain parcel more particularly described as follows: The west 1/4 of the NE 1/4 of the NW 1/4 of section 23, township 15 south, range 24 east, lying north of state hwy 40

Utilities

Utilities Cable Available
Listing Agency: SUN REALTY & ASSOC
Listed By: Daniel Craig · License #0128657
Added: Jul 15 Changed: Aug 20 Last Checked: Sep 19 at 5:06PM
MLS# OM728703

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.

This 0.82-acre commercial land parcel carries B4 zoning and matching land use. The site includes a 12x16 mobile office building and an 8x8 shed, providing existing accessory improvements on the property. Cable is available.

Positioned on State Road 40, the parcel has exposure from a corner configuration and fronts on three streets. Dimensions measure approximately 200 feet along State Road 40 and 173 feet in depth. The property is located in the Silver Springs commercial district of Marion County, Florida.

Key Highlights

  • 0.82‑acre commercial land parcel
  • B4 zoning with matching land use
  • Approximately 200 feet +/- along State Road 40

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Building Supply Auto Repair Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

132
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B4 zoning accompanies a State Road 40 site with frontage on three streets.
Where is this commercial land located?
The property is located at 787 SE 162ND Terrace Silver Springs, FL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 0.82‑acre commercial land parcel; B4 zoning with matching land use; Approximately 200 feet +/- along State Road 40
More about this property
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