Commercial Sale · Mixed Use
10487 SE HIGHWAY 42, SUMMERFIELD, FL, 34491
Active211 days on marketListed Jan 10, 2026MLS #G5106449
About this property
The property at a glance
PREMIUM LOCATION LOCATION LOCATION - Rare Opportunity to own this High Traffic Commercial piece of property. 3 ACRES Zoned B2. Located just north of the world famous Villages and Minutes away to popular Lake Weir. Centrally located between Orlando and Ocala. Corner lot boast 4 structures on the property including a Historic 2 story home that can be used as an Office amongst other possibilities. Front of Property Faces Highway 42 with Traffic count over 15 thousand vehicles a day. House has AC and is Wired for surveillance. Includes 3 other structures a garage and 2 barns, perfect for a service business or storage. Property is Partially Fenced. This can be a blank canvas with Numerous applications for your business or to expand your existing company. Public utilities are right in front of property if Public utilities are desired, currently on well and septic. Large rolling gate for truck access. DON'T MISS OUT . Owner is MOTIVATED and Possible OWNER FINANCING . CALL TODAY.
1,505
Building sq ft
$482
Price / sq ft
3
Lot acres
1925
Year built
4
Buildings
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$3,581/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Iain to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
32,369
Population
$65,900
Median income
54.4
Median age
2.3
Avg household
$253,100
Median home value
$1,102/mo
Median rent
2,632
Households w/ kids
Recent sales
What actually sold near 10487 SE HIGHWAY 42
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$475,000
15169 SE 95TH AVENUE
1,144 sqft · $415/sqft · Sold Oct 31, 2024
$470,000
9145 SE 151ST LANE ROAD
3,450 sqft · $136/sqft · Sold Oct 23, 2025
$523,000
918 ROLLING ACRES UNIT 2 & 3
Sold Jun 22, 2026
Your team
The pros in your corner
Your agent
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, offers, and every question about 10487 SE HIGHWAY 42 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 10487 SE HIGHWAY 42.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked.
Listing courtesy of ERA GRIZZARD REAL ESTATE · Toni Chapman. MLS #G5106449.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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