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10951 Sr 40 8.53 Acres of Commercial Land Offered at $697,460 CAD in Silver Springs, FL 34488

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INVESTMENT HIGHLIGHTS

Currently 14000 AADT on fast growing Hwy 40 in Silver Springs

EXECUTIVE SUMMARY

Prime vacant land in rapidly growing Silver Springs in Marion County Hwy 40 is slated to become a 4 lane road as per FDOT in the coming years. Project is slated but start date unknown. Property is currently undergoing entitlements so the entire parcel is commercial.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access	ANNUAL (CAD)	ANNUAL PER AC (CAD)
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual	-
Annual Per AC	-

Operating Expenses (CAD)
Annual	-
Annual Per AC	-

Total Expenses (CAD)
Annual	$99,999
Annual Per AC	$9.99

PROPERTY FACTS

Price	$697,460 CAD	Proposed Use	Commercial Retail Office Hospitality Auto Dealership Auto Repair Bank Bar Cemetery or Mausoleum Community Centre Contractor Storage Yard Tienda de conveniencia Daycare Centre Department Store Drugstore Fast Food Funeral Home Garden Centre General Freestanding Golf Course or Driving Range Healthcare Health Club Hold For Development Hold For Investment Horse Stables Hospital Hotel Lodge or Meeting Hall Medical Motel Movie Theater Movie, Radio or Television Studio Neighbourhood Centre Parking Lot Public Library Public Park Refrigeration or Cold Storage Religious Facility Restaurant Retail Warehouse Self Storage Service Station Skating Rink Specialty, Festival or Entertainment Storefront Storefront, Retail or Office Storefront, Retail or Residential Supermarket Theater or Concert Hall Veterinarian or Kennel Agricultural Pasture Ranch
Sale Type	Owner User	Total Lot Size	8.53 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	B4 / A1 - The Regional Business classification is intended to create a zoning district to provide for the development of regional shopping centers

Price	$697,460 CAD
Sale Type	Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Hospitality Auto Dealership Auto Repair Bank Bar Cemetery or Mausoleum Community Centre Contractor Storage Yard Tienda de conveniencia Daycare Centre Department Store Drugstore Fast Food Funeral Home Garden Centre General Freestanding Golf Course or Driving Range Healthcare Health Club Hold For Development Hold For Investment Horse Stables Hospital Hotel Lodge or Meeting Hall Medical Motel Movie Theater Movie, Radio or Television Studio Neighbourhood Centre Parking Lot Public Library Public Park Refrigeration or Cold Storage Religious Facility Restaurant Retail Warehouse Self Storage Service Station Skating Rink Specialty, Festival or Entertainment Storefront Storefront, Retail or Office Storefront, Retail or Residential Supermarket Theater or Concert Hall Veterinarian or Kennel Agricultural Pasture Ranch
Total Lot Size	8.53 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B4 / A1 - The Regional Business classification is intended to create a zoning district to provide for the development of regional shopping centers

1 LOT AVAILABLE

Lot

Price	$697,460 CAD	Lot Size	8.53 AC
Price Per AC	$81,765.59 CAD

Price	$697,460 CAD
Price Per AC	$81,765.59 CAD
Lot Size	8.53 AC

Currently zoned as 4.82 acres of B4 Heavy commercial and 3.58 Acres of A1.

DESCRIPTION

8.4 acres of raw land. Currently 4.8 acres of B4 zoning and 3.58 acres of A1 zoning. Currently undergoing entitlements to update entire parcel to commercial.

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