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    Lake City, FL 32024

    Sponsored
    For Sale
    $500,000

    Prime Industrial Land, Rail Access, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 20.86-acre commercial land parcel presents a compelling investment opportunity in Lake City, Florida. Strategically located on SE CR-245 (Price Creek Road), the property boasts approximately 1,200 feet of road frontage, ensuring high visibility and convenient access. Its ideal zoning, designated as IND (Industrial), makes it perfectly suited for a variety of industrial uses. A significant advantage is the property's direct frontage on Norfolk Southern rail lines situated on SR-100, providing excellent transportation and logistics capabilities. Further enhancing its potential, there's a possibility of utilizing an adjacent approximately 5.7-acre county-owned spur located on the south end of the property. While this spur is zoned RR (Railroad) and not IND, it could offer additional development options. The property's size and location in Columbia County, Florida, with a zip code of 32024, combine to create a rare opportunity for businesses seeking a strategic industrial location with excellent transportation infrastructure. The asking price for this remarkable property is $500,000. This represents a significant opportunity for investors and developers seeking a prime industrial site in a growing area. The coordinates are 30.0748467 latitude and -82.7562895 longitude.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    908,662 SF

    HighLights

    • $500,000 asking price for 20.86 acres of commercial land.
    • Located in Lake City, Florida, at SE CR‑245, zip code 32024.
    • IND zoning.
    • Approximately 1,200 feet of frontage on CR‑245 (Price Creek Rd), suitable for industrial use.
    • Norfolk Southern rail frontage on SR‑100.
    • Potential access to approximately 5.7 acres of county‑owned land zoned RR (not IND).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.7562895
    Latitude
    30.0748467

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Rail Access, High Visibility
    Where is this land located?
    The property is located at Lake City, FL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for 20.86 acres of commercial land.; Located in Lake City, Florida, at SE CR-245, zip code 32024.; IND zoning.
    (386) 397-3002
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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
    Lake City, FL 32024
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