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    Lake City, FL 32055

    For Sale
    $2,000,000

    US-90 Frontage, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11-acre commercial land parcel presents a remarkable investment opportunity in Lake City, Florida. Boasting approximately 370 feet of frontage on US-90 and approximately 650 feet of frontage on CR-252B, this property offers unparalleled visibility and accessibility for a wide range of commercial ventures. The exact frontage measurements are to be verified by a survey. Located in Columbia County, Florida, with a zip code of 32055, this strategically positioned land is ideal for businesses seeking high traffic exposure. The property's location at the intersection of US-90 and CR-252B ensures significant visibility to a large volume of daily traffic. The expansive acreage provides ample space for development, allowing for flexibility in design and functionality. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area. The property's location offers easy access to major transportation routes, making it an attractive location for businesses needing convenient access to regional and national markets. Additional acreage may be available

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    479,160 SF

    HighLights

    • 11‑acre commercial land parcel in Lake City, FL (32055).
    • Approximately 370' of US‑90 frontage and 650' of CR‑252B frontage.
    • High visibility and accessibility at the intersection of US‑90 and CR‑252B.
    • Ample space for diverse commercial development.
    • Located in a rapidly growing area with easy access to major transportation routes.
    • Additional acreage may be available.
    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 - US-90 Frontage, High Visibility
    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 $2,000,000.
    What are key features of this property?
    This property features: 11-acre commercial land parcel in Lake City, FL (32055).; Approximately 370' of US-90 frontage and 650' of CR-252B frontage.; High visibility and accessibility at the intersection of US-90 and CR-252B.
    (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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