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$349,900
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Property Description
HIGH VISIBILITY COMMERCIAL TRACT ON SR-40! Excellent opportunity featuring 5.17± acres of unimproved B-2 Community Business land with direct frontage on State Road 40. AADT: 18,700 - strong daily traffic counts provide exceptional exposure for a wide range of commercial uses. Zoning allows for retail, storage, automotive, HVAC, agricultural, construction, equipment rental, and recreational or service-oriented businesses. Located east of Ocala, between the city and the Ocala National Forest, this corridor serves both local residents and visiting outdoor enthusiasts. Nearby businesses include an RV park, convenience store, restaurant, and underground utility contractor, demonstrating proven commercial activity in the area. Buyer to verify specific use and utility availability with Marion County.
Full Property Details
Full Property Details for 10689 NE Hwy 314
General
- Price: $349,900
- Taxes: $35 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: OM712172
- Updated: 2/15/2026
- Added to Site: 173 day(s) ago
Location
- Area: 34488 - Silver Springs
- County: Marion
- Development Name: 34488 - Silver Springs
- Subdivision: TURKEY RIDGE
- Driving Directions: From Silver Springs, head east on SR-40. After crossing the Ocklawaha River Bridge, you’ll see an RV park on the left—the subject property is located directly across the highway on the right. (Look for signage)
Community
- Community Name: 34488 - Silver Springs
Utilities
- Sewer: Septic Needed
- Water: Well Required
- Utility Description: BB/HS Internet Available, Electrical Nearby
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 5.17
- Lot Size (Sq. Ft.): 225,205
- Lot Size: 5.17
- Lot Dimensions: 1068 x 372
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $67,679
- Tax Amount: $35.51
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 02 TWP 15 RGE 23 TURKEY RIDGE BLOCK 3A BEING MORE PARTICULARLY DESC AS: COM AT THE SW COR OF SE 1/4 OF SEC 2 TH N 89-49-10 E 1284.01 FT TH N 00-42-51 W 1319.26 FT TH S 89-51-51 W 1285.06 FT TO THE POB TH N 00-46-52 W 696.05 FT TH N 88-50-31 W 162 .91 FT TH S 01-09-29 W 50 FT TH N 88-50-31 W 187.09 FT TH S 44-02-36 W 701-14 FT TH S 00-46-52 E 151.10 FT TH N 89-51-51 E 845.80 FT TO THE POB EXC COM AT THE SW COR OF NW 1/4 OF SE 1/4 OF SEC 2 TH S 89-51-51 W 695.80 FT TO THE POB TH CONT S 89-51-5 1 W 150 FT TH N 00-48-52 E 151.10 FT TH N 44-02-36 E 212.93 FT TH S 00-45-34 E 303.82 FT TO THE POB
- Flood Zone Info: X
- APN: 3172000003
- Property ID: 3172000003
- Block/Lot/Section: 3A
Listed by Osceola Properties & Consulting Llc
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Schools
Schools serving 10689 NE Hwy 314
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
East Marion Elementary School 14550 Northeast 14th Street Road, Silver Springs, FL 34488 | PK-5 | 3.9 mi |
Fort Mccoy School 16160 Ne Highway 315, Fort McCoy, FL 32134 | PK-5 | 12.3 mi |
Lake Weir High School 10351 Southeast Maricamp Road, Ocala, FL 34472 | 9-12 | 8.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10689 NE Hwy 314
Date
Details
Price
Change
Source
10/29/2025
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10689 NE Hwy 314
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,042
31%
$80,663
—
2024
$2,323
—
$80,644
—
2023
$2,333
18%
$80,670
41%
2022
$1,972
-45%
$57,409
-63%
2021
$3,576
-3%
$153,338
-9%
2018
$3,684
-8%
$169,397
-4%
2019
$4,022
12%
$177,284
8%
2017
$3,603
-3%
$163,909
-6%
2016
$3,710
2%
$173,731
7%
2015
$3,637
11%
$163,094
10%
2014
$3,288
11%
$148,267
10%
2013
$2,960
—
$134,788
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10689 NE Hwy 314
Tbd E Highway 40, Silver Springs, FL 34488 (MLS# OM712172) is a Lots/Land property with a lot size of 5.17 acres. Tbd E Highway 40 is currently listed for $349,900 and was received on October 29, 2025. Want to learn more about Tbd E Highway 40? Do you have questions about finding other Lots/Land real estate for sale in Silver Springs? You can browse all Silver Springs real estate or contact a Coldwell Banker agent to request more information.

