0 Shoppes Of Spruce Crk Summerfield, FL 34491
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.