5.49 commercial acres situated approximately 0.5 miles northwest of The Villages and east of the intersection of Highway 42 and US 301, with excellent visibility along Hwy 42. This strategically located property is well-suited for the establishment of a retail store, office, gas station, church, or sales center. The fully entitled property features a 12-inch sewer pressurized mainline that traverses the south side of Highway 42, while a 12-inch water mainline runs along the north side of US 42. Additionally, the property is conveniently located just a quarter mile west of the upcoming Marion County Medical Examiner’s Office, with construction commencing in 2025.
Highlights:
Close to The Villages
Commercial Land Use and Zoning
422 ft of frontage on Hwy 42
2 Miles from Publix
6910 SE Highway 42, Summerfield, FL, 34491
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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