Highway 42 Summerfield, FL 34491
- Land
- 16.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 42
- Lot size
- 16.00 lot acres
- Property type
- Land
Description
This exceptional 16-acre parcel, located at 301/42 SE Highway 42 in Summerfield, Florida (zip code 34491), presents a remarkable investment opportunity. Boasting a total area of approximately 717,868 square feet, this property is zoned B-4, making it suitable for a variety of commercial and residential uses. The land is strategically situated along a rapidly expanding corridor in Marion County, offering excellent visibility and accessibility. With over 1282 linear feet of frontage on US 301 and an additional 556 linear feet along Highway 42, this property provides significant exposure to high traffic volumes. The asking price is $2,500,000, translating to a land value of $3.59 per square foot. A smaller, 2.12-acre hard corner is also available at a bulk price of $12.00 per square foot. Its proximity to The Villages further enhances its appeal and potential for future development. This prime location offers easy access to major transportation routes, making it an ideal site for businesses seeking high visibility and convenient access for customers and employees. The property's size and zoning provide ample flexibility for a wide range of development possibilities. This is a rare opportunity to acquire a significant land holding in a thriving area of Florida.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Summerfield
- County
- Marion
- State
- Florida
- Longitude
- -82.033
- Latitude
- 28.9821
