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    2 Real Ter Lake City, FL 32025

    For Sale
    $99,500

    1.86-acre commercial lot in prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.86-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Located on Real Terrace, this property is zoned CI, offering considerable flexibility for various commercial ventures. The lot boasts a total area of 1.86 acres, with approximately 0.89 acres usable. Its strategic location provides excellent visibility and accessibility, making it ideal for businesses seeking high traffic exposure. The property is part of a larger development with several other parcels available, offering potential for expansion or synergy with neighboring businesses. This is Lot #2, and its proximity to SR-247 further enhances its commercial appeal. The asking price of $99,500 represents a compelling value for a property of this size and location in a growing market. Detailed zoning information and site plans are available upon request. This is an excellent opportunity to acquire a strategically located commercial lot in a thriving area of Columbia County, Florida, with the potential for significant return on investment. The property's address is Real Terrace (2), Lake City, FL 32025.

    Property Features for 2 Real Ter

    General Information

    Property type
    Land
    Lot Size
    81,022 SF

    HighLights

    • 1.86‑acre commercial lot in Lake City, FL, zoned CI, offering high visibility and accessibility.
    • Approximately 0.89 acres usable.
    • Located on Real Terrace (Lot #2), near SR‑247, in a growing market.
    • Asking price: $99,500.
    • Part of a larger development with additional parcels available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6797732
    Latitude
    30.1747482

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    FAQs

    What type of property is this?
    Land - 1.86-acre commercial lot in prime location.
    Where is this land located?
    The property is located at 2 Real Ter Lake City, FL.
    What is the asking price?
    The asking price for this property is $99,500.
    What are key features of this property?
    This property features: 1.86-acre commercial lot in Lake City, FL, zoned CI, offering high visibility and accessibility.; Approximately 0.89 acres usable.; Located on Real Terrace (Lot #2), near SR-247, in a growing market.
    (386) 397-3002
    Request Owner's contact information
    2 Real Ter Lake City, FL 32025
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    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
    2 Real Ter Lake City, FL 32025
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