16000 97Th Terrace Rd Summerfield, FL 34491
- Commercial real estate
- 4.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16000 97Th Terrace Rd
- Lot size
- 4.13 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4.13-acre commercial land parcel presents a remarkable investment opportunity in the thriving Summerfield, Florida market. Located at 16000 SE 97th Terrace Road, this property boasts unparalleled visibility and high traffic counts due to its prime location directly on US Highway 441. The B-2 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking high exposure. The land is priced at $2,000,000, translating to a land value of $6.48 per square foot. This strategic location offers significant advantages, particularly given its proximity to the soon-to-be-completed Sunset Hills residential subdivision, a 330-lot development that will further enhance the area's commercial viability and attract a substantial customer base. The property's size and highway frontage provide ample space for development, making it an attractive prospect for businesses seeking a prominent presence in a rapidly growing community. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a prime location with excellent growth potential. Don't miss this chance to secure a piece of Summerfield's vibrant future. The property is situated in Marion County, Florida, zip code 34491.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Summerfield
- County
- Marion
- State
- Florida
- Longitude
- -81.991731
- Latitude
- 28.989749
