10070 Highway 42 Summerfield, FL 34491
This exceptional commercial property, located at 10070 SE Highway 42 in Summerfield, Florida, presents a unique investment opportunity. The 912 square foot office building sits on a highly visible 0.93-acre corner lot at the intersection of US Highway 441 and County Road 42, benefiting from significant daily traffic counts. Its strategic location, approximately one mile from The Villages, places it within a rapidly expanding area experiencing substantial growth. The property's prime location ensures excellent visibility and accessibility for any business. The building itself offers ample space for a variety of commercial uses, making it suitable for a wide range of potential tenants. A key advantage of this property is the inclusion of an existing billboard lease, generating a consistent stream of passive income. This adds significant value to the overall investment, providing a reliable return on investment beyond the potential rental income from the office space itself. The property is priced at $2,490,000 and offers a rare combination of high visibility, strong location, and an established income stream. This is an exceptional opportunity for investors seeking a stable and profitable commercial investment in a high-growth area. Further details regarding the billboard lease terms are available upon request.
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
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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.