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    Lake City, FL 32055

    Sponsored
    For Sale
    $2,808,000

    High-traffic location, I-10 & US-41 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 93.6-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Strategically located with excellent visibility and accessibility from Interstate 10 and US-41, this property boasts a total of 4,077,216 square feet. Approximately 9.5 acres are situated directly on the I-10 westbound on-ramp (north side), while a substantial portion fronts the eastbound off-ramp (south side). The property's zoning is diverse, with 65 interior acres designated A-3 and 28.6 acres fronting US-41 zoned CHI. This zoning versatility allows for a wide range of development possibilities. The high traffic count of 24,000 vehicles per day (AADT) on US-41 ensures significant exposure for any commercial venture. The asking price for this prime commercial land is $2,808,000. This property's size, location, and zoning make it an ideal candidate for various commercial developments, offering substantial potential for return on investment. The property is located in Columbia County, Florida, with the address listed as N US-41, Lake City, FL 32055.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    4,077,216 SF

    HighLights

    • $2,808,000 asking price.
    • 93.6‑acre commercial land parcel in Lake City, Florida.
    • CHI A zoning.
    • Located on US‑41 with excellent I‑10 visibility.
    • 4,077,216 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6968279
    Latitude
    30.2767103

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    FAQs

    What type of property is this?
    Land - High-traffic location, I-10 & US-41 frontage.
    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 $2,808,000.
    What are key features of this property?
    This property features: $2,808,000 asking price.; 93.6-acre commercial land parcel in Lake City, Florida.; CHI A zoning.
    (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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