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    6416 Highway 42 Summerfield, FL 34491

    For Sale
    Contact for pricing

    High-visibility retail site near The Villages.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 16-acre commercial land parcel presents a remarkable opportunity for development. Located in Summerfield, Florida, at the hard corner intersection of County Road 42 and US Highway 301, this property boasts unparalleled visibility and accessibility. Zoned B-4, it's ideally suited for a variety of commercial uses, with a gas station being a particularly strong fit given its location and high traffic count. The property's prominent highway frontage on US Highway 301 ensures maximum exposure to a large and consistent flow of vehicles. The seller is open to considering a carve-out of a portion of the land, and conceptual site plans are available upon request. This strategic location near The Villages of Florida, a rapidly growing retirement community, guarantees a substantial and stable customer base. The easy access and great visibility make this a truly exceptional investment opportunity for developers seeking a high-impact commercial location. The property is situated in Marion County, Florida, with a mailing address of 6416 SE Hwy 42, Summerfield, FL 34491. This is a rare chance to acquire a significant parcel of land in a prime commercial location with significant growth potential.

    Property Features for 6416 Highway 42

    General Information

    Property type
    Land
    Lot Size
    696,960 SF

    HighLights

    • High visibility from Hwy 301.
    • Excellent highway accessibility.
    • Hwy 301 frontage provides prominent street presence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Hotel & Motel Department Store Kitchen & Bath Food Market Storage Facility Grocery Store Bar & Pub Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Summerfield
    County
    Marion
    State
    Florida
    Longitude
    -82.043522
    Latitude
    28.981097

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    FAQs

    What type of property is this?
    Land - High-visibility retail site near The Villages.
    Where is this land located?
    The property is located at 6416 Highway 42 Summerfield, FL.
    What are key features of this property?
    This property features: High visibility from Hwy 301.; Excellent highway accessibility.; Hwy 301 frontage provides prominent street presence.
    (352) 895-9040
    Request Owner's contact information
    6416 Highway 42 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
    6416 Highway 42 Summerfield, FL 34491
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