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    Corporate Dr Lake City, FL 32024

    Sponsored
    For Sale
    $850,000

    High-traffic I-75 visibility, ideal for commercial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This 3.08-acre commercial land parcel in Lake City, Florida, presents a remarkable investment opportunity. Located on SW Corporate Drive, the property boasts exceptional visibility from Interstate 75, a major thoroughfare with high daily traffic volume. The site is zoned CI, permitting a wide range of commercial uses, making it suitable for various development projects. Consider the potential for a hotel, restaurant, or other commercial ventures, given the existing concentration of hospitality and retail businesses in the immediate vicinity. West of I-75, neighboring establishments include the Fairfield Inn & Suites, Red Roof Inn, Camping World, Hampton Inn, and Country Inn & Suites. Additional motels and restaurants are situated on the east side of I-75, further highlighting the area's strong commercial activity and potential for synergy. The property's strategic location and zoning flexibility offer significant advantages for investors seeking a prime commercial development site in a thriving area. The asking price is $850,000. This is a rare opportunity to acquire a substantial parcel of land with excellent visibility and development potential in a high-traffic location. Columbia County, Florida, provides a supportive environment for business growth.

    Property Features for 0 Corporate Dr

    General Information

    Property type
    Land
    Lot Size
    134,165 SF

    HighLights

    • 3.08‑acre commercial land parcel in Lake City, Florida.
    • Exceptional visibility from Interstate 75.
    • CI zoning allows for diverse commercial development.
    • High‑traffic location near hotels and restaurants.
    • Asking price: $850,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6885261
    Latitude
    30.1745116

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    FAQs

    What type of property is this?
    Land - High-traffic I-75 visibility, ideal for commercial development.
    Where is this land located?
    The property is located at Corporate Dr Lake City, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 3.08-acre commercial land parcel in Lake City, Florida.; Exceptional visibility from Interstate 75.; CI zoning allows for diverse commercial development.
    (386) 397-3002
    Request Owner's contact information
    Corporate Dr Lake City, FL 32024
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    Lake City, FL 32024
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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
    Corporate Dr Lake City, FL 32024
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