6415 Highway 42 Summerfield, FL 34491
- Commercial real estate
- 7.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6415 Highway 42
- Lot size
- 7.00 lot acres
- Property type
- Commercial real estate
- APN
- 48380-000-00
Description
This exceptional 7-acre commercial land parcel presents a unique investment opportunity in rapidly developing Summerfield, Florida. Located near the intersection of Hwy 301 and Hwy 42 in Marion County, this A1-zoned property is directly adjacent to a 16-acre site currently under consideration as the location for a new, approximately 150,000 square foot Veteran's Administration hospital with nearly 900 parking spaces. The property's strategic location benefits from its proximity to a new Marion County Medical Examiner's Office (slated for construction in Summer 2024) and a planned 7-Eleven, both situated at the neighboring intersection corners. The property includes a 2,034 square foot, structurally sound home built in 1975, offering potential for immediate income or future redevelopment. The asking price is $1,499,999, and the APN is 48380-000-00. This presents a compelling investment opportunity given the significant growth anticipated in the area due to the new VA hospital and surrounding commercial development. The property's size and zoning make it ideal for a variety of commercial uses, capitalizing on the increased traffic and demand generated by the new medical facilities and the overall expansion of the community. Don't miss this chance to secure a prime piece of real estate in a high-growth area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Summerfield
- County
- Marion
- State
- Florida
- Longitude
- -82.045268
- Latitude
- 28.983897
