6415 Highway 42Summerfield, FL 34491

Property Details for 6415 Highway 42

Year built

1975

Lot size

7.00 AC

Property size (Sq ft)

2,034 SF

Property type

Mixed-use properties

Description

This exceptional seven-acre mixed-use property presents a unique investment opportunity in the rapidly developing Summerfield, Florida area. Strategically located near the intersection of Highway 301 and Highway 42 in Marion County, this property boasts significant commercial potential due to its proximity to major infrastructure projects. Immediately adjacent is a sixteen-acre parcel slated for a new Veterans Administration (VA) hospital, a substantial 150,000 square foot facility with nearly 900 parking spaces. Across the street, a new Marion County Medical Examiner's Office is scheduled to commence construction in Summer 2024, and a new 7-Eleven is planned for the adjacent corner. This confluence of significant developments promises substantial future growth and increased property value. The property itself includes a 2,034 square foot single-family home built in 1975. While the home is dated, it remains structurally sound and in tidy condition, offering immediate income potential or the possibility of future redevelopment. This is a rare opportunity to acquire a large parcel in a high-growth area with established and planned infrastructure improvements, making it ideal for investors seeking significant long-term returns. The property's location and surrounding development create a compelling case for a variety of commercial uses.

Location Insight

City

Summerfield

County

Marion

State

Florida

Latitude

28.9841

Longitude

-82.0453

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