16890 Highway 40 Silver Springs, FL 34488
- Commercial real estate
- 982 SF
- 2.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16890 Highway 40
- Year built
- 1970
- Construction
- WOOD FRAME
- Lot size
- 2.17 lot acres
- Property size
- 982 SF
- Zone code
- B2
- Property type
- Commercial real estate
- APN
- 3266-012-000
- APU
- 3266012000
Description
This exceptional 2.17-acre commercial land parcel presents a unique investment opportunity in the thriving Marion County, Florida market. Strategically located off Highway 40, between Ocala and Daytona Beach, this property boasts significant frontage on a high-traffic roadway, experiencing a daily count of 10,000 to 15,000 vehicles. Its lakefront position adds significant appeal and potential for various development concepts. The B2 zoning allows for flexibility in development, including drive-through businesses, restaurants, or even mobile home spaces. The property's location offers easy access to major transportation routes, ensuring high visibility and accessibility for potential businesses. A key advantage is the absence of impact fees, reducing initial development costs. The proximity to a neighboring community provides the option of offering memberships to residents, creating additional revenue streams. This property is ideal for entrepreneurs and investors seeking a high-visibility location with significant development potential in a rapidly growing area. The combination of high traffic, lakefront access, and flexible zoning makes this a truly exceptional opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Silver Springs
- County
- Marion
- State
- Florida
- Longitude
- -81.8733
- Latitude
- 29.1759
- CBSA code
- 36100
- CBSA name
- OCALA, FL METROPOLITAN STATISTICAL AREA
