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    101 Silver Springs Blvd Ocala, FL 34470

    For Sale
    $7,250,000

    Historic Office Building, High ROI Potential

    Property size:
    28,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a 28,000-square-foot executive office building located at 101 E Silver Springs Blvd, Ocala, FL 34470. Originally constructed in 1913 and extensively renovated in 2018, the property boasts a modern industrial lobby and is situated in the heart of Ocala's revitalized downtown district. Currently vacant, this building offers significant upside potential for a savvy investor. The property features 35 parking spaces in a private adjacent lot, providing ample parking for tenants and visitors. Zoned under Form Based Code Zoning, this location allows for a variety of future development possibilities. The building's size and prime location within a thriving downtown area make it an attractive proposition for a wide range of businesses. The asking price is $7,250,000, translating to $258.93 per square foot. This represents a unique chance to acquire a substantial property with considerable potential for growth and strong returns in a rapidly developing urban core. The building's history, combined with its modern updates, creates a unique blend of character and functionality. The ample parking and flexible zoning provide further advantages for potential buyers. This is a rare opportunity to acquire a significant asset in a high-growth area.

    Property Features for 101 Silver Springs Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    28,000 SF

    Building Details

    Year Built/Renovated
    1913/2018

    HighLights

    • 89% Occupancy.
    • Significant upside potential: 29% of rents below market.
    • Projected 30% growth over five‑year hold period.
    • 14 tenants.
    • 1913 building, completely renovated in 2018.
    • 28,000 square foot building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Symmetry Coffee Company Coffee Shop Andrew T. Pozzuto Attorney Tranzon Driggers Real Estate Agency Tania Alavi, Criminal ... Attorney Alavi & Pozzuto Business Center

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.1357165
    Latitude
    29.1872329

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Office Building, High ROI Potential
    Where is this office property / space located?
    The property is located at 101 Silver Springs Blvd Ocala, FL.
    What is the asking price?
    The asking price for this property is $7,250,000.
    What are key features of this property?
    This property features: 89% Occupancy.; Significant upside potential: 29% of rents below market.; Projected 30% growth over five-year hold period.
    (352) 817-0600
    Request Owner's contact information
    101 Silver Springs Blvd Ocala, FL 34470
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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
    101 Silver Springs Blvd Ocala, FL 34470
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