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    3816 W Us Highway 90 Lake City, FL 32055

    For Sale
    $1,990,000

    Commercial property with motel, gas station, and convenience store.

    Lot size:
    2.03 Acres

    Property Features for 3816 W Us Highway 90

    General Information

    Lot size
    2.03 Acres

    Building Details

    Year built
    1964

    Source: PEPINE REALTY Agent Chirayu Patel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake City Commercial Property I-75

    This commercial property is located in a prime location on a busy exit of Lake City, near the I-75, I-10, and I-75 interchange junction. The property includes three buildings and vacant land. Impact fees have been paid to build an additional 20 rooms to the existing motel. There is a closed convenience store and gas station that can be revived and restarted. The gas tanks are current, inspected, and insured. If local authorities permit, other ancillary uses can be developed on the vacant portion of the property instead of the 20 rooms. Potential uses include an oil and lube shop, tire shop, or a larger convenience store with more pumping stations.
    Insight Report Location Intelligence

    Current Use by Public Records

    BTM Machines Bitcoin ... Crypto Atm A One Smoke Shop Vaporizer Store

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hampton Inn & Suites Lake City, Home2 Suites by Hilton Lake City, Fairfield Inn & Suites Lake City, Knights Inn Lake City, Lake City Hotels

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6951726
    Latitude
    30.1789707

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    FAQs

    What type of property is this?
    Motel - Commercial property with motel, gas station, and convenience store.
    Where is this motel located?
    The property is located at 3816 W Us Highway 90 Lake City, FL.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: - Prime location at a busy I-75 exit, close to I-10 & I-75 interchange.; - Vacant land with impact fees paid for building 20 motel rooms.; - Existing closed convenience store and gas station can be revived.
    (352) 410-9746
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    3816 W Us Highway 90 Lake City, FL 32055
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    Lake City, FL 32055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3816 W Us Highway 90 Lake City, FL 32055
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