.46 Acre Retail Redevelopment Corner

1255 E Silver Springs Blvd Ocala, FL 34470

Ocala
FOR SALE
Property Type:
Free Standing Building
Amount:
$550,000
Last Verified:
Mar 26, 2025

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Highlights

  • .46 Acres B2 Zoned corner, ready to redevelop
  • Outstanding exposure to Silver Springs Blvd
  • Located next to Checkers burgers
  • Former 911sf Hess gas station
  • Site in a State Early Detection Incentive (EDI) Program for cleanup with minimal impact on redevelopment
  • Prior approved plans for drive thru redevelopment
  • 27,500 FDOT 2023 traffic count
  • Locate your high exposure business HERE!

Description

A prime high visibility redevelopment opportunity in this .46 acres on bustling Silver Springs Boulevard. A former Hess Mart gas station and convenience store of 911sf with extra large 2906sf canopy above the building. The City supports redevelopment of this site and seller can provide prior approved redevelopment plans of a drive thru concept.

The seller provides the following understanding from the State of Florida Department of Environmental Protection: "The site has 4 closed-in-place underground storage tanks in 2013 and the state accepted the site into the Early Detection Incentive (EDI) program and performing test and clean up on a prior fuel discharge [Hess Station, FL DEP Facility ID# 42/8511379, Discharge Date 12/28/88]. Current testing and treatment are performed at the expense of the State via monitoring and treatment injection wells. Treatment continues by the State and if property owner decides to remove the building structure at owner's expense, the State will pay to remove those tanks and contaminated soil and bring the land up to its existing shape and give the Owner a permanent clean status. If the Owner decides to keep the building in place, those treatments will continue at the State expense until it is remediated." The environmental condition has a minimal impact on redevelopment and the seller will provide latest reports and help put buyer in touch with appropriate state agency contacts for further information.

On State Road 40, aka E. Silver Springs Blvd, 1 mile east of Hwy 441. Located on north side of Silver Springs Blvd on opposite corner of Checkers burgers at NE 12th Terrace.

Population Ocala MSA 2023 409,959. ~269 people a week moving into the Ocala Metro. The Ocala Metro had one of the 10 Fastest Growing Economies in the nation from 2019 to 2021, doubling the average Florida growth and tripling the average US growth rates. [2023]


Year Built: 1985
Building Size: 3817sq ft
Building Class: C
Lot Size: 0.43 acres


Documents

Brochure .46 Acre Redevelopment Corner

Map of 1255 E Silver Springs Blvd, Ocala, FL, 34470

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.