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Silver Plaza | Prime Location in High Traffic Retail Corridor

$876,657

1012 East Silver Springs Boulevard, Ocala, FL 34470

Active
Last Updated: 08/20/2025

7

Cap Rate

61,366

NOI

Details:
Cap Rate:    7%
NOI:    $61,366
Building Size:    5,020 sqft
Lot Area:    0.49 acres
Year Built:    1947
Year Last Renovated:    1998
Highlights:
  • 100% OCCUPIED MULTI-TENANT CENTER: Silver Plaza is fully leased to a stable mix of local service-based tenants, offering immediate in-place cash flow with minimal near-term rollover risk.
  • PRIME LOCATION IN HIGH-TRAFFIC RETAIL CORRIDOR: The property is located along E Silver Springs Blvd, a major arterial thoroughfare with 34,000+ vehicles per day, providing excellent visibility and consistent consumer exposure.
  • LOCATED IN A FLORIDA OPPORTUNITY ZONE: Situated in a designated Opportunity Zone, the site offers significant potential tax advantages for long-term investors looking to defer or eliminate capital gains taxes.
  • BUSINESS-FRIENDLY, NO STATE INCOME TAX ENVIRONMENT: Florida is one of only nine states with no state income tax, attracting both residents and businesses. Investors benefit from a favorable pro-growth tax and regulatory climate.
  • STRONG LOCAL ECONOMY WITH CONTINUED GROWTH: Ocala is experiencing steady economic expansion driven by job growth, population influx, and new development. The area’s rising demand supports long-term tenant stability and rental upside.
Description:

Matthews is pleased to exclusively present the opportunity to acquire Silver Plaza, a 5,020-square-foot multi-tenant retail center located on E Silver Springs Blvd in Ocala, Florida. Strategically positioned in an Opportunity Zone along one of the city's primary commercial corridors, the property benefits from exceptional visibility with over 34,000 vehicles per day (VPD).

Situated just minutes from Downtown Ocala, Silver Plaza is 100% leased to a diverse mix of service-based and daily needs tenants, providing investors with immediate, stable in-place income. The asset sits on a high-exposure site in a densely populated and growing market, making it an ideal long-term investment with potential for future rent growth and lease optimization.

Located within close proximity to major retailers, restaurants, and government buildings, the property draws from a strong local customer base and enjoys year-round consumer traffic. The property’s location, tenant mix, and income stability position it well for ongoing tenant demand and long-term value appreciation.

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