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Property profile

0 Us-301 Summerfield, FL 34491

OFF-MARKET
Land
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Property summary

AI-generated overview

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 profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-301 Summerfield, FL 34491
Summerfield metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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