Highway-Frontage Flex
7700 SE 129TH Place, Summerfield, FL 34491
For Sale
$1,500,000
Commercial Sale, SUMMERFIELD, FL
Property Size6,000 SF
Lot Size2.77 Acres
Price / SF$250
Days on Market47
Property Features for 7700 SE 129TH Place
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Building materials
Listing Agency:
GUS GALLOWAY REALTY INC
(352) 622-8127
Listed By:
Charles White · License #3361501
(727) 207-8292
Added: Sep 24
Changed: Oct 1
Last Checked: Nov 9 at 4:06AM
MLS# OM732859
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2.77-acre flex property in Summerfield includes a 6,000-square-foot metal-frame building with metal siding. The interior comprises approximately 5,200 square feet of warehouse space and 800 square feet of office area. Five roll-up doors serve the building: four measuring 10 by 12 feet and one measuring 12 by 12 feet. Fencing encloses the property, which also has substantial outdoor storage area.
Approximately 1.4 acres carry B-5 Marion County zoning. The site fronts U.S. Highway 441/27 for approximately 350 feet and has a median cut for access in both directions. Its position along the corridor between Ocala and The Villages places it within reach of Marion, Lake, and Sumter county markets.
Approximately 1.4 acres carry B-5 Marion County zoning. The site fronts U.S. Highway 441/27 for approximately 350 feet and has a median cut for access in both directions. Its position along the corridor between Ocala and The Villages places it within reach of Marion, Lake, and Sumter county markets.
Key Highlights
- 2.77‑acre property with approximately 1.4 acres zoned B‑5
- 6,000‑square‑foot metal building with 5,200 square feet of warehouse and 800 square feet of office space
- Approximately 350 feet of frontage on U.S. Highway 441/27 and a median cut for northbound and southbound access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,578
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,671,560
$1.7M
Cap Rate 7%
$1,193,971
$1.2M
Cap Rate 9%
$928,644
$928.6K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$103.0K $17.16/SF
− Vacancy
−$4.6K −$0.77/SF
EGI
$98.3K $16.39/SF
− OpEx
−$14.7K −$2.46/SF
NOI
$83.6K $13.93/SF
Area
Marion County, FL
Vacancy
4.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,671,560
Cap Rate 7%
$1,193,971
Cap Rate 9%
$928,644
Alternative Uses
Best Use
Warehouse
$1.19M
$1.04M – $1.39M
NOI $83,578 @ 7.0% cap · market cap 5.57%
Second Best
Industrial
$983.3K
$860.4K – $1.15M
NOI $68,829 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$3.28M
$2.87M – $3.82M
NOI $229,352 @ 7.0% cap · market cap 15.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34491, FL
31,545
Population
15,474
Households
2
Avg Household Size
61
Median Age
22%
College-Educated
88%
High-School Grad
44.9 sq mi
ZIP Area
703
Density / Sq Mi
$65,900
Median Household Income
$35,440
Median Earnings
$1,102
Median Rent
$253,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Marion County, FL
Properties on Market for Flex space in Marion County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A fenced commercial site pairs office and warehouse improvements with outdoor area for equipment, vehicles, inventory, or materials.
Where is this flex space located?
The property is located at 7700 SE 129TH Place Summerfield, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 2.77‑acre property with approximately 1.4 acres zoned B‑5; 6,000‑square‑foot metal building with 5,200 square feet of warehouse and 800 square feet of office space; Approximately 350 feet of frontage on U.S. Highway 441/27 and a median cut for northbound and southbound access
