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    Shoppes Of Spruce Crk Summerfield, FL 34491

    For Lease
    Contact for pricing

    120,000 SF Retail Center, Summerfield, FL

    Lot size:
    120,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional development opportunity presents the Shoppes of Spruce Creek, a proposed 120,000 square foot shopping center situated on a substantial 15.45-acre parcel in Summerfield, Florida. Currently, the entire 120,000 square feet is available for lease, offering unparalleled flexibility for a variety of retail concepts. The property boasts a highly desirable location with 800 feet of highway frontage, ensuring exceptional visibility and accessibility for potential tenants and customers. Zoned PUD Commercial and designated as a Development of Regional Impact, this site offers significant potential for growth and development within Marion County. The expansive lot size allows for ample parking and potential for outparcels, providing additional opportunities for expansion or complementary businesses. This is a blank canvas for a thriving retail destination, perfectly positioned to capitalize on the growing market in Summerfield. The property is ready for immediate development, presenting a unique chance to establish a significant retail presence in a rapidly expanding area. All 120,000 square feet are available for lease, allowing for a single large tenant or multiple smaller tenants. This is an exceptional opportunity for investors and developers seeking a high-impact retail investment in a prime location.

    Property Features for 0 Shoppes Of Spruce Crk

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    120,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    120,000 SF
    Space
    available Out parcels
    Size
    1 SF

    HighLights

    • 120,000 square foot shopping center development opportunity on a 15.45‑acre parcel in Summerfield, FL.
    • Entire 120,000 square feet available for lease.
    • 800 feet of highway frontage provides excellent visibility and accessibility.
    • PUD Commercial zoning and Development of Regional Impact designation.
    • Ample parking and potential for outparcels.
    • Ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Summerfield
    County
    Marion
    State
    Florida
    Longitude
    -81.9901043
    Latitude
    28.9632798

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    FAQs

    What type of property is this?
    Retail property - 120,000 SF Retail Center, Summerfield, FL
    Where is this retail property located?
    The property is located at Shoppes Of Spruce Crk Summerfield, FL.
    What are key features of this property?
    This property features: 120,000 square foot shopping center development opportunity on a 15.45-acre parcel in Summerfield, FL.; Entire 120,000 square feet available for lease.; 800 feet of highway frontage provides excellent visibility and accessibility.
    Request Owner's contact information
    Shoppes Of Spruce Crk 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
    Shoppes Of Spruce Crk Summerfield, FL 34491
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