Pad-Ready Duplex Development
For Sale
$2,500,000
1021 NW Turner Avenue, Lake City, FL 32055
16.16-acre land parcel is pad ready for construction of 40 duplexes with two- and three-bedroom units.
Property SizeContact for details
Days on Market51
Property Features for 1021 NW Turner Avenue
General Information
Standard status
Active
Property subtype
VacantLand
Listing Agency:
Lee & Associates Gainesville
Listed By:
Dan Drotos, MSRE, CCIM, SIOR
Source:
Commercialcafe
Added: Jun 23
Changed: Aug 8
Last Checked: Jun 25 at 12:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates Gainesville
Investment Insights
Based on property information with market context.
This pad-ready development site totals 16.16 acres and is planned for the construction of 40 duplexes, including 20 two-bedroom units and 20 three-bedroom units, for 80 total residences. Duplex plans have been generated, and site work is in progress to support the permitted development.
All site work includes the construction of two roads, a drainage pond, and the infrastructure required pursuant to the site permit. The property is located approximately one mile north of US 90 on NW Turner Avenue, across from NW Marcel Place, with convenient access to both interstate I-75 and I-10. Shopping, dining, and recreational activities in Lake City are described as nearby.
The expected completion date is July 31, 2026.
All site work includes the construction of two roads, a drainage pond, and the infrastructure required pursuant to the site permit. The property is located approximately one mile north of US 90 on NW Turner Avenue, across from NW Marcel Place, with convenient access to both interstate I-75 and I-10. Shopping, dining, and recreational activities in Lake City are described as nearby.
The expected completion date is July 31, 2026.
Key Highlights
- 16.16‑acre land parcel pad ready for construction of 40 duplexes (80 total residences).
- Duplex unit mix includes 20 two‑bedroom and 20 three‑bedroom units.
- Plans for the 40 duplexes have been generated.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 32055, FL
16,624
Population
7,498
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
84%
High-School Grad
184.4 sq mi
ZIP Area
90
Density / Sq Mi
$57,328
Median Household Income
$30,840
Median Earnings
$873
Median Rent
$161,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 16.16-acre land parcel is pad ready for construction of 40 duplexes with two- and three-bedroom units.
Where is this residential land & home lot located?
The property is located at 1021 NW Turner Avenue Lake City, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 16.16‑acre land parcel pad ready for construction of 40 duplexes (80 total residences).; Duplex unit mix includes 20 two‑bedroom and 20 three‑bedroom units.; Plans for the 40 duplexes have been generated.
