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    9791 SE 160Th Ln Summerfield, FL 34491

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    For Sale
    $895,000

    NNN property with long-term tenant, ideal for 1031 exchange.

    Lot size:
    0.92 Acres

    Property Features for 9791 SE 160Th Ln

    General Information

    Lot size
    0.92 Acres

    Building Details

    Year built
    2005

    Source: Hernando MLS Reciprocal Agent Reciprocal Non Member Hernando MLS

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

    Overview

    Summerfield NNN Property For Sale

    This property is an ideal 1031 exchange opportunity featuring a long-term, successful tenant. The building insurance is paid directly to the insurance company by the tenant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Foxy Rug & Furniture ... Home Goods Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Summerfield
    County
    Marion
    State
    Florida
    Longitude
    -81.9910089
    Latitude
    28.9878014

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    FAQs

    What type of property is this?
    NNN property - NNN property with long-term tenant, ideal for 1031 exchange.
    Where is this nnn property located?
    The property is located at 9791 SE 160Th Ln Summerfield, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Long-term successful tenant in place; - Ideal for a 1031 exchange; - Building insurance paid directly by the tenant
    Request Owner's contact information
    9791 SE 160Th Ln 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
    9791 SE 160Th Ln Summerfield, FL 34491
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