27 Acres in Lake
For Sale
$1,800,000
Pending
700 SE COUNTY ROAD 245, Lake City, FL 32055
27-acre parcel suitable for residential or commercial development.
Property SizeContact for details
Lot Size27.00 Acres
Days on Market601
Property Features for 700 SE COUNTY ROAD 245
General Information
Standard status
Pending
Lot size
27.00 Acres
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$164
Listing Agency:
MR REALTY OF FLORIDA LLC
(407) 201-0629
Listed By:
Roger Garcia · License #3302196
(407) 201-0629
Source:
Exitrealty
Added: Dec 19, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:27AM
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 MR REALTY OF FLORIDA LLC
Investment Insights
Based on property information with market context.
This 27-acre parcel is located in Lake City and is suitable for residential development or a commercial park, subject to zoning change. The City of Lake City has granted permission to build 6-8 units per acre, potentially allowing for 162-216 units depending on the design. The city is seeking developers and has offered to annex the property from the county at no cost. Situated on prime county road frontage, the property features over 1200 feet of frontage on SE County Road 245, near the corner of State Road 100. Currently zoned residential, annexation is required, which the city is prepared to facilitate. A letter from planning and zoning provides a contact person to help expedite the process. The land has been cleared by the owner. Owner financing is available.
Key Highlights
- Approved for high‑density development: Build 162‑216 units.
- City annexation offer: Free annexation of the property offered by the City of Lake City.
- Prime location: Situated in the heart of Lake City with 1200 ft of county road frontage on SE County Road 245.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 27-acre parcel suitable for residential or commercial development.
Where is this residential land & home lot located?
The property is located at 700 SE COUNTY ROAD 245 Lake City, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approved for high‑density development: Build 162‑216 units.; City annexation offer: Free annexation of the property offered by the City of Lake City.; Prime location: Situated in the heart of Lake City with 1200 ft of county road frontage on SE County Road 245.
