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    Bell Rd Lake City, FL 32055

    For Sale
    $8,428,950

    Prime 187-acre commercial tract in Lake City, FL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 187.31-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Lake City, Florida area. Strategically located just south of the I-10/US-441 interchange, this property boasts unparalleled accessibility and visibility. The land is situated within city limits, offering significant advantages for development. Existing infrastructure includes stubbed-out utilities on both sides, featuring a 12-inch water loop, an 8-inch force main, and a 6-inch gas loop. A master lift station is in place and has expansion capabilities. The property's zoning allows for a variety of commercial uses, making it ideal for large-scale development projects. For those seeking even greater acreage, an additional 125.24 acres are available north of Bell Street, fronting I-10 and zoned for light industrial use (MLS#116517). This area is experiencing rapid growth, presenting a compelling opportunity for investors seeking significant returns. The asking price for this exceptional property is $8,428,950. The address is Bell Rd, Lake City, FL 32055, located in Columbia County.

    Property Features for 0 Bell Rd

    General Information

    Property type
    Land
    Lot Size
    8,159,224 SF

    HighLights

    • $8,428,950 asking price.
    • 187.31‑acre commercial land parcel.
    • Located in Lake City, Florida, on Bell Rd, zip code 32055.
    • Situated just south of the I‑10/US‑441 interchange within city limits.
    • Utilities stubbed out on both sides, including water, force main, gas, and a master lift station with expansion capabilities.
    • Adjacent 125.24‑acre parcel also available (MLS#116517).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.605118
    Latitude
    30.2730727

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    FAQs

    What type of property is this?
    Land - Prime 187-acre commercial tract in Lake City, FL.
    Where is this land located?
    The property is located at Bell Rd Lake City, FL.
    What is the asking price?
    The asking price for this property is $8,428,950.
    What are key features of this property?
    This property features: $8,428,950 asking price.; 187.31-acre commercial land parcel.; Located in Lake City, Florida, on Bell Rd, zip code 32055.
    (386) 397-3002
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    Bell Rd 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
    Bell Rd Lake City, FL 32055
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