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    Lake City, FL 32055

    Sponsored
    For Sale
    $1,500,000

    Prime US-90 commercial land, 10 acres, existing home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.94-acre commercial land parcel presents a significant investment opportunity in Lake City, Florida. Strategically located on W US-90, the property boasts approximately 100 feet of frontage on this major thoroughfare, ensuring high visibility and accessibility. The property includes a 2,384 square foot brick home built in 1964, which is being sold "as is." This existing structure could be repurposed, renovated, or removed to accommodate a new development, depending on the buyer's vision. The property's substantial size offers ample space for a variety of commercial ventures, from retail and restaurants to light industrial uses. The location in Columbia County, Florida, provides access to a growing population and a strong local economy. This is a rare opportunity to acquire a large, well-positioned commercial parcel in a desirable area. Further acreage may be available; please inquire for details using MLS#100655. The asking price for this exceptional property is $1,500,000. This represents a compelling investment in a high-growth area with significant potential for future appreciation. The property's prime location and substantial size make it an ideal candidate for a wide range of commercial developments.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    476,546 SF

    HighLights

    • $1,500,000 asking price.
    • 10.94‑acre commercial land parcel.
    • Located in Lake City, Florida, on W US‑90.
    • Includes a 2,384 sq ft brick home (as‑is condition), built in 1964.
    • Approximately 100 feet of US‑90 frontage.
    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 - Prime US-90 commercial land, 10 acres, existing home.
    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 $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 10.94-acre commercial land parcel.; Located in Lake City, Florida, on W US-90.
    (386) 397-3002
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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
    Lake City, FL 32055
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