Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Retail |
| Lot Size: | 0.9 Acres |
Financials
Price:$1,350,000
Annual Taxes:$6,970.17
Listing Courtesy of LPT REALTY, LLC
Offered is a high visibility, dual building automotive investment property located on 0.
Description
Offered is a high-visibility, dual-building automotive investment property located on ±0.86 acres along E Silver Springs Blvd in Ocala, FL The site is zoned B2A and positioned in a strong commercial corridor with established traffic and surrounding retail synergy.
The primary building is occupied by Take 5 Oil Change under a corporate-guaranteed NNN lease, with 7 years remaining on the initial 15-year term, providing stable, passive income with minimal landlord responsibilities. The structure was originally built in 1984 and has been recently improved, including a reroof in 2023 and fresh exterior paint, supporting long-term durability and tenant retention. The property also includes a second freestanding building currently configured for automotive use (formerly car wash / auto repair), which has been converted into a detailing, tinting, and tire shop-style facility
This creates a compelling value-add opportunity. Pro forma underwriting projects a much higher cap rate upon stabilization, assuming the secondary building is leased to a complementary automotive or tire-related business, enhancing both income and site synergy.
The site features substantial paved areas, including over 13,900 SF of asphalt paving and additional concrete improvements allowing for strong circulation, stacking, and parking — ideal for automotive operations.
This is an ideal opportunity for investors seeking stable corporate-backed income with additional upside through lease-up and optimization of the secondary building.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.