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    State Road 247 Lake City, FL 32025

    For Sale
    $399,000

    High-traffic commercial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.501-acre commercial land parcel in Lake City, Florida, presents a remarkable investment opportunity. Located in a high-traffic area, this property boasts excellent visibility and accessibility due to its prime highway frontage. The parcel is situated directly adjacent to a Home Depot, Walgreens, and Dollar Tree, ensuring high foot and vehicle traffic. The property is zoned for commercial use and has an approved site plan for a 4,000 square foot building, although alternative development plans are welcome. The approved plan includes the possibility of a drive-through, adding further versatility and potential for various commercial ventures. The APN is 1-4S-16-02640-003. This is a rare opportunity to acquire a well-located, ready-to-develop site in a thriving retail corridor. The asking price is $399,000. The property's address is SW State Road 247, Lake City, FL 32025, within Columbia County. Don't miss this chance to capitalize on this exceptional location and build your business success.

    Property Features for 0 State Road 247

    General Information

    Property type
    Land
    Lot Size
    21,824 SF

    HighLights

    • 0.501‑acre outparcel in high‑traffic Lake City, FL location.
    • Approved site plan for a 4,000 sq ft building (alternative plans welcome).
    • Prime highway frontage with excellent visibility and accessibility, adjacent to Home Depot, Walgreens, and Dollar Tree.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6806807
    Latitude
    30.1651115

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    FAQs

    What type of property is this?
    Land - High-traffic commercial land, prime location.
    Where is this land located?
    The property is located at State Road 247 Lake City, FL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 0.501-acre outparcel in high-traffic Lake City, FL location.; Approved site plan for a 4,000 sq ft building (alternative plans welcome).; Prime highway frontage with excellent visibility and accessibility, adjacent to Home Depot, Walgreens, and Dollar Tree.
    Request Owner's contact information
    State Road 247 Lake City, FL 32025
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    State Road 247
    Lake City, FL 32025
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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
    State Road 247 Lake City, FL 32025
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