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    2396 175Th Terrace Rd Silver Springs, FL 34488

    Sponsored
    For Sale
    Contact for pricing

    10,454 SF Mixed-Use Land Parcel

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,454 square foot land parcel presents a unique investment opportunity in the rapidly growing Silver Springs, Florida area. Located at 2396 SE 175th Terrace Road, Marion County, FL 34488 (29.164774, -81.861002), this property is zoned for both commercial and residential use, offering unparalleled flexibility for developers and investors. The expansive lot size allows for a variety of development possibilities, from constructing a single-family home to developing a small-scale commercial venture. The strategic location within Silver Springs provides easy access to local amenities, transportation routes, and the vibrant community. This is an ideal opportunity to capitalize on the area's burgeoning growth and create a profitable investment. The asking price for this prime piece of land is $15,000. Given the current market trends and the property's versatile zoning, this represents a compelling value proposition for discerning buyers seeking a foothold in a thriving Florida market. Don't miss this chance to secure a piece of Silver Springs' future. The property is ready for immediate development, presenting a rare opportunity to build and invest in a desirable location.

    Property Features for 2396 175Th Terrace Rd

    General Information

    Property type
    Land

    HighLights

    • $15,000 asking price for 10,454 square feet of land.
    • Located at 2396 SE 175th Terrace Road, Silver Springs, FL 34488.
    • Zoned for both commercial and residential use.
    • Excellent opportunity for building a home or commercial development in a rapidly growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Clothing Store Auto Repair Shop Grocery Store Food Market Auto Parts Store Discount Store Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silver Springs
    County
    Marion
    State
    Florida
    Longitude
    -81.861002
    Latitude
    29.164774

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    FAQs

    What type of property is this?
    Land - 10,454 SF Mixed-Use Land Parcel
    Where is this land located?
    The property is located at 2396 175Th Terrace Rd Silver Springs, FL.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: $15,000 asking price for 10,454 square feet of land.; Located at 2396 SE 175th Terrace Road, Silver Springs, FL 34488.; Zoned for both commercial and residential use.
    Request Owner's contact information
    2396 175Th Terrace Rd Silver Springs, FL 34488
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2396 175Th Terrace Rd Silver Springs, FL 34488
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