14100 N Highway 19 - Storefront Retail/Office FOR SALE


Salt Springs, FL 32134
$1,400,000 USD
352-726-6668
14100 N Highway 19, Salt Springs, FL for Sale
$1,400,000 USD
Storefront Retail/Office - FOR SALE
1/61
null | 3.86% Cap Rate

14100 N Highway 19
Salt Springs, FL 32134


HIGHLIGHTS

  • Over 80% occupancy with long term leases, stable cash flow producing asset in the Ocala, FL MSA, the fastest-growing metro in the United States
  • Ocala, FL metro had a 2023 GDP of nearly $16B and a projected population growth of up to 30% by 2040.
  • 59 humidity-controlled self-storage units, averaging near 90% occupancy and generating steady monthly income.
  • Potential Gross Income (PGI) annually for 11 leasable suites is $145k at market average of $9 SF.
  • .97 acres outparcel included with site-ready conditions. B-2 zoning permits hotel, motel, restaurant, and fast food with drive-thru access.
  • Adjacent Salt Springs Resort—home to 500 RV sites and 39 cottages, operates near full capacity, planning to build 24 new sites.

OVERVIEW

19,916 SF retail center located in the Ocala, FL MSA, the fastest-growing metro in the United States. With over 80% occupancy and long-term leases in place, the property provides reliable, stable cash flow in a high-demand market. The Ocala metro ranked #36 out of 200 large metros nationwide, with a 2023 GDP of nearly $16 billion. The University of Florida projects Marion County's population could grow by up to 30% by 2040, signaling strong long-term demand. Opportunities like this—with both current income and future upside—are rare in this market and beyond. In addition to the 11 leasable suites, the property includes 59 humidity-controlled self-storage units, averaging near 90% occupancy and generating steady monthly income. The retail interiors are adaptable, with configurable walls that allow for future reconfiguration or redesign. Offering includes two parcels totaling 3.73 acres, both zoned B-2 (Community Business) and served by public water and sewer. Outparcel presents excellent potential for development, with site-ready conditions. B-2 zoning allows for a wide variety of commercial uses, including hotel, motel, restaurant, and fast food with drive-thru access. Located in the heart of Salt Springs, the center sits adjacent the Salt Springs Resort—home to 500 RV sites and 39 cottages, that operates consistently near full occupancy. Across the street is the Salt Springs Recreation Area, one of the top destinations in the Ocala National Forest, which attracts millions of visitors annually. Notably, over 8.2 million people—more than a third of Florida’s population—live within an hour’s drive of Ocala National Forest. The property's proximity to the forest places it at the center of Florida’s thriving eco-tourism industry. Consistent year-round foot traffic brings significant demand for retail, hospitality, and service businesses in the immediate area. This is a rare opportunity to acquire a stabilized, income-producing asset with long-term upside in one of Florida’s most dynamic growth markets.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

3.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Salt Springs Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

3.73 AC

LAND SF

162,479 SF

ZONING

B2

APN/PARCEL ID

11679-000-01,11679-000-02

ASK ABOUT THIS PROPERTY

Richard FernleyCentury 21 J.W. Morton Real Estate, Inc.More Info
352-726-6668

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Richard FernleyCentury 21 J.W. Morton Real Estate, Inc.More Info
352-726-6668

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.