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Property profile & analytics
OFF-MARKET
Commercial real estate
18750 Hwy 40 Silver Springs, FL 34488-6642
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-1076438
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,311 SF
Lot
0.85 ac (37,026 SF)
Zoning code
B2
APN
3286-016-003
UPID
US18-1076438
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fire Rock Pub LLC · 2 yrs held
Fire Rock Pub LLC
since 2023
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
B2 · Silver Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Silver Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,547
Tax year 2023
Assessed value
$136,100
Assessed 2023
Previous assessed
$123,727
+10.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$56,193
Assessed improvement
$79,907
Land market value
$56,193
Improvement market value
$106,653
Total market value
$162,846
Applied tax rate
9,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
1,311 SF
Lot
0.85 ac (37,026 SF)
Zoning code
B2
APN
3286-016-003
UPID
US18-1076438
Jurisdiction
MARION
Zoning & alternative use
B2 · Silver Springs, FLZoning B2 · permitted uses
B2 · Silver Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.85 ac
Current owner
From public records · entity-resolved
Fire Rock Pub LLC
Entity
Free & Clear · 2 yrs held
Mailing address
18750 E HWY 40, SILVER SPRINGS, FL 34488-6642
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2023
$500,000
Fire Rock Pub LLC
Southside Performance LLC
Warranty Deed
—
Nov 1, 2023
—
Southside Performance LLC
Castaways In The Forest INC
Correction Deed
related
—
Mar 29, 2023
—
Southside Performance LLC
Castaways In The Forest LLC
Quit Claim Deed
related
—
May 6, 2020
—
Firerock Irish Pub LLC
—
Deed
related
$94,000 · Other Institutional Lenders
Feb 10, 2010
$135,000
Cabin Pub LLC
Vreeland,kurt & Cyrena
Warranty Deed
—
Aug 16, 2006
$83,000
Cyrena Vreeland
Bickel,delbert E
Grant Deed
$112,000 · Allstate Mortgage & Investment
Aug 16, 2006
—
Cyrena Vreeland
Schnicker Billiards
Warranty Deed
—
Apr 19, 2006
$39,600
Kurt Vreeland
Stockmaster,leonard & Cleona
Quit Claim Deed
related
—
Jan 24, 2001
$50,000
William B Stockmaster
Lynn,marilyn A
Grant Deed
$39,507 · First Union National Bank
—
—
Firerock Irish Pub LLC
—
Deed Of Trust
related
$94,000 · Other Institutional Lenders
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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