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    Corporate Dr Lake City, FL 32024

    Sponsored
    For Sale
    $5,217,000

    Prime Commercial Land, I-75 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 52.17-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Strategically located near major businesses including RV Sales & Camping World, Southland Log Homes, Fairfield Inn & Suites, Log Cabin Homes, and Hampton Inn & Suites, this property offers unparalleled visibility and accessibility. The property boasts convenient access to I-75, although a portion of the original tract is pending sale, leaving 52.17 acres available. Zoned CI, this land allows for a multitude of commercial and professional uses, providing flexibility for diverse development plans. The property is situated within city limits, offering essential utilities and infrastructure. Currently vacant and featuring natural woods, the lot is irregular in shape and has no deed restrictions. The tax ID is 02-4S-16-02714-000, and there is no agricultural exemption. The property is located in Flood Zones A and X. Priced at $5,217,000, this translates to approximately $100,000 per acre. This prime location, combined with its size and zoning, makes this an exceptional opportunity for developers and investors seeking high-impact commercial development in a thriving area. Don't miss this chance to acquire a significant piece of Lake City's commercial landscape.

    Property Features for 0 Corporate Dr

    General Information

    Property type
    Land
    Lot Size
    2,272,525 SF

    HighLights

    • $5,217,000 asking price for 52.17 acres of commercial land.
    • Located in Lake City, Florida, with some I‑75 frontage.
    • CI zoning permits multiple uses.
    • APN: 02‑4S‑16‑02714‑000; owned by I‑75 LAND TRUST.
    • Irregular lot size; $100,000 per acre; no deed restrictions.
    • Located within city limits; currently vacant with natural woods; flood zones A and X.
    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 - Prime Commercial Land, I-75 Access
    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 $5,217,000.
    What are key features of this property?
    This property features: $5,217,000 asking price for 52.17 acres of commercial land.; Located in Lake City, Florida, with some I-75 frontage.; CI zoning permits multiple uses.
    (386) 397-3002
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    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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