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    10070 Highway 42 SE Summerfield, FL 34491

    For Sale
    $2,300,000

    High-traffic corner property in Marion County with billboard income.

    Lot size:
    0.93 Acres

    Property Features for 10070 Highway 42 SE

    General Information

    Lot size
    0.93 Acres

    Building Details

    Year built
    1983

    Source: MPI REAL ESTATE SERVICES Agent Tom McDonald

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marion County Corner Property

    Located in Marion County, this corner property benefits from high traffic volume. The property also includes a billboard that generates income. The sellers are motivated to negotiate.
    Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Summerfield
    County
    Marion
    State
    Florida
    Longitude
    -81.98541
    Latitude
    28.981722

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    FAQs

    What type of property is this?
    Gas station - High-traffic corner property in Marion County with billboard income.
    Where is this gas station located?
    The property is located at 10070 Highway 42 SE Summerfield, FL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - High traffic count corner location.; - Includes a billboard with income.; - Located in Marion County.
    (352) 572-6083
    Request Owner's contact information
    10070 Highway 42 SE Summerfield, FL 34491
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    Summerfield, FL 34491
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10070 Highway 42 SE Summerfield, FL 34491
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