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    Property profile & analytics

    Silver Springs, FL 34488

    • Retail space
    • 3.20 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 20, 2023
    Location Intelligence
    Property ID
    US18-7838059
    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.

    Current Use by Public Records

    • Retail space

    Property Details

    Lot size
    3.20 lot acres
    Zone code
    B2
    Property type
    Retail space
    APN
    31720-000-07
    APU
    3172000007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Silver Springs
    County
    Marion
    State
    Florida
    Longitude
    -81.9804
    Latitude
    29.2123
    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
    $33
    $0.00
    $0.00
    $1,120
    -
    $20,944
    $0.00
    $20,944

    Comparable in this City

    • Value Estimation by Request
      10,582 SF

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      Lifestyle centers • 10,582 SF
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    • Value Estimation by Request
      11,982 SF

      15843 Fl-40

      Individual retail properties • 11,982 SF
      15843 Fl-40, Silver Springs, FL 34488
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    • Value Estimation by Request
      2,300 SF

      Thru!! Restaurant For Sale In Marion County With Potential Dr

      Restaurants • 2,300 SF
      Thru!! Restaurant For Sale In Marion County With Potential Dr, Woods and Lakes, FL 34488
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    • Value Estimation by Request
      0.11 Acres

      Silver Springs, FL 34488

      WASTE DISPOSAL, SEWAGE • 0.11 Acres
      Silver Springs, FL 34488
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    • Value Estimation by Request
      0.73 Acres

      Silver Springs, FL 34488

      WASTE DISPOSAL, SEWAGE • 0.73 Acres
      Silver Springs, FL 34488
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    • Value Estimation by Request
      7.98 Acres

      Silver Springs, FL 34488

      COMMERCIAL (GENERAL) • 7.98 Acres
      Silver Springs, FL 34488
      View Details

    Similar Nearby for Sale

    • $380,000
      3,643 SF

      Retail/Office Building on Highway 40

      3,643 SF building on 3.08 acres near Lynne, FL.
      16455 Highway 40 E, Silver Springs, FL 34488
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    • $1,100,000
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      Lynn Plaza Strip Center Opportunity

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    • $95,000
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      RV Lot in Wilderness Resort

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    Similar Nearby for Lease

    • $17 SF/Yr
      1,350 SF

      Retail Space in Silver Springs

      Retail spaces available in a newly renovated shopping center.
      15912 Highway 40 E, Silver Springs, FL 34488
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    • $950 /Mo
      1,200 SF

      Retail Space on Highway 40

      Retail space for rent with highway frontage in Silver Springs.
      14381 E Hwy 40 Hwy, Silver Springs, FL 34488
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    • $40 SF/Yr
      1,300 SF

      Retail Space in Renovated Center

      73,350 SF neighborhood center with Winn-Dixie.
      451 Highway 314A S, Silver Springs, FL 34488
      View Details
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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
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