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11220 SE 179th Pl
Summerfield, FL 34491
Retail Property For Sale
Investment Highlights
- Walmart Shadow: This property sits directly across the street from the nation’s No. 1 retailer ensuring daily traffic.
- Real estate fundamentals: To go along with a large, visible parcel, the property features multiple access points & traffic counts exceeding 40K VPD
- Strategic location: INSA is located minutes away from the nation’s largest adult community, known for its health-conscious and growing population.
Executive Summary
STNL.com is pleased to present this 100% fee simple STNL INSA cannabis dispensary in Summerfield, FL. Three reasons to own this property include:
1. Adjacent Big-Box Retailer: Located adjacent to a corporately owned Walmart, generating strong daily consumer traffic and consistent visibility for the property. Positioned within an established retail corridor supported by multiple national retailers, reinforcing long-term tenant demand and sustained commercial activity.
2. The Villages’ Affluent Residents: Just minutes from the center of The Villages, Florida, the property benefits from access to a large, established residential population. Ongoing community growth and a high concentration of affluent households support sustained consumer traffic and long-term retail performance in the area.
3. Investment-Grade Location: The 1.12-acre property offers multiple access points and excellent visibility, making it easily reachable for both customers and service vehicles. High-profile signage and signalized entrance shared with major national retailers enhance exposure and reinforce the site’s appeal as a durable retail investment.
1. Adjacent Big-Box Retailer: Located adjacent to a corporately owned Walmart, generating strong daily consumer traffic and consistent visibility for the property. Positioned within an established retail corridor supported by multiple national retailers, reinforcing long-term tenant demand and sustained commercial activity.
2. The Villages’ Affluent Residents: Just minutes from the center of The Villages, Florida, the property benefits from access to a large, established residential population. Ongoing community growth and a high concentration of affluent households support sustained consumer traffic and long-term retail performance in the area.
3. Investment-Grade Location: The 1.12-acre property offers multiple access points and excellent visibility, making it easily reachable for both customers and service vehicles. High-profile signage and signalized entrance shared with major national retailers enhance exposure and reinforce the site’s appeal as a durable retail investment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,574 SF
Building Class
C
Year Built/Renovated
1999/2023
Price
$3,000,000
Price Per SF
$839.40
Cap Rate
7.51%
NOI
$225,255
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.12 AC
Zoning
B2
Parking
35 Spaces (9.79 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 6000-200-003 | Improvements Assessment | $535,022 |
| Land Assessment | $561,050 | Total Assessment | $1,096,072 |
Property Taxes
Parcel Number
6000-200-003
Land Assessment
$561,050
Improvements Assessment
$535,022
Total Assessment
$1,096,072
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