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About this home
3680 E Silver Springs Blvd is a 1984-built home in Ocala Square, Ocala. Listed at $1,350,000 (about $328/sqft), 118 days on market. Flood zone X* - outside the FEMA high-risk areas, which keeps insurance manageable.
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.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,350,000
$328 per sq ft
Size
4,114 sq ft
Time on market
119 days
Year built
1984
Monthly payment
About $8,297/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,970 annual tax bill, insurance.
Flood zone
Zone X*
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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