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$725,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 10487 SE Hwy 42
General
- Price: $725,000
- Taxes: $1,932 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: G5106449
- Updated: 1/10/2026
- Added to Site: 5 day(s) ago
Rental Information
- Complex Features: Bathrooms, Fencing
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: 34491 - Summerfield
- County: Marion
- Development Name: 34491 - Summerfield
- Driving Directions: CR 466 East to left on Rolling Acres Rd to Left on CR 441 North to Right on CR 42 to corner of CR 42 and 105th Ave.
- Direction Faces: South
Community
- Community Name: 34491 - Summerfield
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- # Buildings: 4
- Exterior Const.: Metal Siding, Other, Wood Siding
- Roof: Metal
- Year Built: 1925
Additional Structures
- Other Structures: Garage(s), Outbuilding, Storage, Workshop
Lot Features
- Lot Size (Acres): 3
- Lot Size (Sq. Ft.): 130,680
- Lot Size: 3
- Lot Dimensions: 200 x 653
- Frontage: Street Lights, Street Paved, County Road
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $1,932.51
- Tax Year: 2025
Disclosures and Reports
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: SEC 26 TWP 17 RANGE 23 E 200 FT OF SE 1/4 OF NW 1/4
- Flood Zone Info: x
- APN: 4827000000
- Property ID: 4827000000
Listed by Era Grizzard Real Estate
Get Pre-Approved Today
Schools
Schools serving 10487 SE Hwy 42
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Harbour View Elementary School 8445 Southeast 147th Place, Summerfield, FL 34491 | PK-5 | 2.8 mi |
Lake Weir Middle School 10220 Southeast Sunset Harbor Road, Summerfield, FL 34491 | 6-8 | 1.2 mi |
Lake Weir High School 10351 Southeast Maricamp Road, Ocala, FL 34472 | 9-12 | 6.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10487 SE Hwy 42
Date
Details
Price
Change
Source
1/10/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10487 SE Hwy 42
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,933
11%
$91,830
1%
2024
$1,735
5%
$91,117
6%
2023
$1,659
4%
$85,624
9%
2021
$1,601
-2%
$78,813
-6%
2022
$1,637
2%
$83,790
30%
2021
$1,601
16%
$64,659
—
2019
$1,384
7%
$64,357
5%
2018
$1,299
9%
$61,013
10%
2017
$1,194
3%
$55,466
3%
2016
$1,158
2%
$53,832
4%
2015
$1,132
8%
$51,694
4%
2014
$1,053
—
$49,511
-1%
2013
$1,048
—
$49,845
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10487 SE Hwy 42
10487 SE Highway 42, Summerfield, FL 34491 (MLS# G5106449) is a Commercial property. 10487 SE Highway 42 is currently listed for $725,000 and was received on January 10, 2026. Want to learn more about 10487 SE Highway 42? Do you have questions about finding other Commercial real estate for sale in Summerfield? You can browse all Summerfield real estate or contact a Coldwell Banker agent to request more information.

