Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16005 Hwy 40 Silver Springs, FL 34488-5149
    Back to Search
    Property profile & analytics

    16005 Hwy 40, Silver Springs, FL 34488-5149

    View on Map

    • Commercial real estate
    • 6,200 SF
    • 3.44 lot acres
    Off-Market
    Last Sale Dec 6, 2022
    Property ID
    US18-9672456
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,200,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 16005 Hwy 40

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.44 lot acres
    Zone code
    B5
    Property type
    Commercial real estate
    APN
    32273-002-00
    APU
    3227300200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 6, 2022 — Zelph Financial LLC Silver Springs Storage LLC Special Warranty Deed —
    Apr 1, 2013 $55,143 Silver Springs Storage LLC Wells Fargo Bk NA Grant Deed —
    Jan 23, 2012 — Fargo Bk NA Wells East Marion Self Stora Coc Trustees Deed · related —
    May 9, 2008 $1,915,000 East Marion Self Storage Florida Ll East Marion Self Storage INC Warranty Deed $900k · Wachovia Bank NA
    Nov 22, 2006 — Marion County East Marion Self Storage Quit Claim Deed —
    Nov 1, 2006 — East Marion Self Storage INC Owner Name Unavailable Grant Deed · related —
    May 4, 2006 — East Marion Self Storage INC — Trustees Deed · related $50k · Ocala National Bank
    Aug 9, 2002 $220,400 East Marion Self Storage INC Wiley,bruce W & Tami M Grant Deed · related $250k · Regions Bank
    Dec 8, 1997 $75,000 Korb Trust Korb,elsa W Grant Deed · related —
    — — East Marion Self Storage INC — Deed Of Trust · related $132k · Ocala National Bank
    — — East Marion Self Storage INC — Deed Of Trust · related $78k · Regions Bank
    — — East Marion Self Storage INC — Deed Of Trust · related $120k · Regions Bank
    — — East Marion Self Storage INC — Deed Of Trust · related $433k · Ocala National Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,300,000
      6.5%
      $1,200,000
      7%
      $1,110,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,140,000
      Market price range: $359k - $1.14M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Silver Springs
    County
    Marion
    State
    Florida
    Longitude
    -81.8877
    Latitude
    29.1834
    CBSA code
    36100
    CBSA name
    OCALA, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,418
    $411,657
    $1,332,655
    $1,744,312
    -
    $411,657
    $1,332,655
    $1,744,312
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message