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    121 Hernando Ave Lake City, FL 32025

    Sponsored
    For Sale
    $500,000

    Prime Downtown Lake City Office, 1203 SF

    Property size:
    1,203 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This attractive, single-story, all-brick office building in downtown Lake City, Florida, is offered at $500,000. Located just 500 feet from the Columbia County Courthouse at 121 SE Hernando Ave, 32025, this 1,203 square foot property boasts a desirable location. The building, constructed in 2007, features a spacious lobby with a locked push-button entry system, ensuring security. Inside, you'll find three private offices, each equipped with its own private bathroom, plus an additional restroom in the lobby for convenience. The elegant design includes crown molding, extending from floor to ceiling, and a built-in reception desk. A dedicated utility room provides ample space for electronic equipment. The property sits on a 0.13-acre lot and includes six parking spaces. The building is zoned for commercial use. A new roof credit is being offered to the buyer. This versatile space presents endless possibilities for a variety of professional uses. The property is privately owned.

    Property Features for 121 Hernando Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,203 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    1

    HighLights

    • Asking price: $500,000
    • 1,203 square feet of traditional office space
    • Located in downtown Lake City, FL, near the Columbia County Courthouse
    • Features three private offices, each with a private bath, plus a lobby bath and reception area
    • Includes a new roof credit for the buyer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Scribe Associates Inc. Court Reporter

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    12023
    State
    Florida
    Longitude
    -82.6360419
    Latitude
    30.1890414

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Downtown Lake City Office, 1203 SF
    Where is this office property / space located?
    The property is located at 121 Hernando Ave 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: Asking price: $500,000; 1,203 square feet of traditional office space; Located in downtown Lake City, FL, near the Columbia County Courthouse
    Request Owner's contact information
    121 Hernando Ave Lake City, FL 32025
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    Lake City, FL 32025
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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
    121 Hernando Ave Lake City, FL 32025
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