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    Us-301 Summerfield, FL 34491

    For Sale
    $1,600,000

    6 Acres, High Traffic Area, Florida

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6-acre commercial property boasts significant frontage on US Highway 301 in Summerfield, Florida, offering unparalleled development potential. The parcel, identified by APN 48378-000-00, is strategically located less than a mile from The Villages, a rapidly growing retirement community, and enjoys convenient access to I-75 and the Florida Turnpike. The property's zoning is a blend of M1 and A1, providing flexibility for a variety of commercial uses. Four acres are zoned M1, while two acres are zoned A1. This prime location benefits from high traffic volume, with an average annual daily traffic count (AADT) of 17,500 vehicles on US Hwy 301 and 13,500 on SE Hwy 42 (FDOT-2024 data). The property's 950+ feet of highway frontage ensures excellent visibility and accessibility. Nearby amenities include a recently constructed 7-Eleven and the Marion County Medical Examiner's office situated at the southwest corner of Highways 301 and 42, further enhancing the property's desirability. The asking price for this remarkable development opportunity is $1,600,000. This represents the northern 6 acres of a larger ~8 acre parcel. Potential access from the busy signalized intersection of Hwy 42 is also a key advantage. The property is located in Marion County, Florida, zip code 34491.

    Property Features for 0 Us-301

    General Information

    Property type
    Land

    HighLights

    • 4‑acre M1‑zoned parcel with an additional 2 acres of A1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Summerfield
    County
    Marion
    State
    Florida
    Longitude
    -82.041229421959
    Latitude
    28.986059071482

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    FAQs

    What type of property is this?
    Land - 6 Acres, High Traffic Area, Florida
    Where is this land located?
    The property is located at Us-301 Summerfield, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 4-acre M1-zoned parcel with an additional 2 acres of A1 zoning.; ;
    Request Owner's contact information
    Us-301 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
    Us-301 Summerfield, FL 34491
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