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    90 & I-75 Hwy Lake City, FL 32055

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    For Sale
    Contact for pricing

    1.5-Acre Development Ready Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.5-acre commercial lot is strategically located at the high-traffic intersection of I-75 and US Highway 90 in Lake City, Florida, within the Gateway Crossing corridor. Boasting excellent visibility and accessibility, this pad-ready site offers immediate development potential. All utilities are stubbed to the property, and off-site stormwater drainage is in place, significantly reducing development time and costs. The property's zoning allows for diverse uses, including single-tenant retail, multi-tenant retail strips, or quick-service restaurants. Surrounded by established businesses such as Chick-fil-A, Burger King, Texas RoadHouse, Tru by Hilton, Waffle House, Denny's, and Lake City Medical Center, this location benefits from significant daily traffic counts: 41,663 vehicles on I-75 and 36,085 on US Highway 90. The property is available for sale, ground lease, or build-to-suit options, presenting a unique opportunity for investors and developers seeking a prime location in a thriving market. The property is situated in Columbia County, Florida, with a zip code of 32055. This location provides easy access to major transportation routes, making it an ideal site for businesses seeking high visibility and convenient access for customers. The site's frontage on US Highway 90 further enhances its appeal and potential for success.

    Property Features for 90 & I-75 Hwy

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre parcel at the I‑75 and US‑90 intersection (west) in Gateway Crossing, a prime Florida I‑75 location.
    • High‑traffic area with nearby national retailers including Chick‑fil‑A, Burger King, and Tru by Hilton.
    • Pad‑ready site with completed off‑site stormwater drainage and utility stubs.
    • Available for sale, ground lease, or build‑to‑suit; zoning allows for single‑tenant retail, multi‑tenant retail, or quick‑service restaurants.
    • High daily traffic counts: I‑75 (41,663 AADT), US Hwy 90 (36,085 AADT).
    • US Hwy 90 frontage; off‑site stormwater management; utilities stubbed to the site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6183411
    Latitude
    30.1893411

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    FAQs

    What type of property is this?
    Land - 1.5-Acre Development Ready Lot
    Where is this land located?
    The property is located at 90 & I-75 Hwy Lake City, FL.
    What are key features of this property?
    This property features: 1.5-acre parcel at the I-75 and US-90 intersection (west) in Gateway Crossing, a prime Florida I-75 location.; High-traffic area with nearby national retailers including Chick-fil-A, Burger King, and Tru by Hilton.; Pad-ready site with completed off-site stormwater drainage and utility stubs.
    Request Owner's contact information
    90 & I-75 Hwy 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
    90 & I-75 Hwy Lake City, FL 32055
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