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Property profile

10070 Highway 42 Summerfield, FL 34491

OFF-MARKET
Office Spaces
Property ID
US18-5500763
912 SF 0.93 ac lot Built 1983
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1983
Total area 912 SF
Lot 0.93 ac (40,511 SF)
UPID US18-5500763

Cap rate & NOI

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

Location

10070 Highway 42 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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