Bzaico

Description

Prime Development Opportunity Near The Villages Excellent investment and development opportunity in a rapidly growing area of Marion County. This just-under-10-acre property offers approximately 620 feet of frontage on Hwy 42, providing exceptional visibility and accessibility. Located directly across from The Villages and backing up to a new multifamily development, the property is ideally positioned in the path of continued growth and development. In preliminary discussions with Marion County, there has been positive feedback regarding a potential PUD (Planned Unit Development) zoning change, creating an exciting opportunity for future development. Buyers are encouraged to contact the listing agent for additional information regarding the potential zoning change. With its size, substantial road frontage, strategic location, and development potential, this property offers an excellent opportunity for investors and developers looking to capitalize on the continued growth in the area. Call today for more information and to discuss the development potential of this property.

RRENA EstimateLow confidence

$1.3M

−1.0% vs asking

Based on 28 comparable sales within 4 miles of SUMMERFIELD, FL. priced in line with RENA estimate.

Reference only. Estimates blend public comps, cap-rate trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your broker.

Location

7425 HIGHWAY 42, SUMMERFIELD, FL

Open in OpenStreetMap

Verified by bzaico

Identity-confirmed broker, license checked against the state board on the day of listing. Title and tax records cross-referenced by RENA. Discrepancies, if any, are surfaced in the deal room.