Gas Station at Highway
For Sale
Contact for pricing
9945 SE HIGHWAY 42, Summerfield, FL 34491
The property includes 4,056 square feet and central air conditioning.
Property Size4,056 SF
Days on Market10
Property Features for 9945 SE HIGHWAY 42
General Information
Standard status
Active
Size
4,056 SF
Property subtype
Retail
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,371
Building Details
Building Size
4,056 SF
Year Built
1976
Listing Agency:
COLDWELL BANKER STEVENS RE
Listed By:
Jeremy Stevens · License #3142394
(352) 617-2882
Source:
Thefullerproperties
Added: Oct 7
Changed: Oct 15
Last Checked: Oct 14 at 11:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER STEVENS RE
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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 gas station property contains 4,056 square feet and was built in 1976. Central air conditioning is installed.
The site is at the corner of US 441 N and CR 42 in Summerfield, Florida, on the right when traveling north on US 441 N.
The site is at the corner of US 441 N and CR 42 in Summerfield, Florida, on the right when traveling north on US 441 N.
Key Highlights
- 4,056‑square‑foot gas station property
- Central air conditioning
- Built in 1976
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,014
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,040,280
$2.0M
Cap Rate 7%
$1,457,343
$1.5M
Cap Rate 9%
$1,133,489
$1.1M
Market Conditions
NOI Build-Up for 4,056 SF
Gross rent
$150.4K $37.08/SF
− Vacancy
−$4.7K −$1.15/SF
EGI
$145.7K $35.93/SF
− OpEx
−$43.7K −$10.78/SF
NOI
$102.0K $25.15/SF
Area
Marion County, FL
Vacancy
3.10%
Lease Rate
$37.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,040,280
Cap Rate 7%
$1,457,343
Cap Rate 9%
$1,133,489
Alternative Uses
Best Use
Retail
$1.46M
$1.28M – $1.70M
NOI $102,014 @ 7.0% cap · market cap 4.86%
Second Best
Specialty Retail
$702.0K
$614.3K – $819.0K
NOI $49,140 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $155,042 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Home Improvements & Furnishings 3%
Sunoco
Shops & Services
6,483 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,291 visits/mo
0.4 miles
Take 5 Oil Change
Shops & Services
1,935 visits/mo
0.5 miles
Mavis Discount Tire
Shops & Services
652 visits/mo
0.4 miles
City Electric Supply
Home Improvements & Furnishings
497 visits/mo
0.4 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - The property includes 4,056 square feet and central air conditioning.
Where is this gas station located?
The property is located at 9945 SE HIGHWAY 42 Summerfield, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 4,056‑square‑foot gas station property; Central air conditioning; Built in 1976
