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    Prosperity Pl Lake City, FL 32024

    For Sale
    $150,000

    Prime 0.66-acre commercial lot in Lake City, FL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.66-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Situated in the burgeoning SW Prosperity Place, this lot boasts a prime location on US-90 at Brown Road, benefiting from a readily accessible red-light entrance into the park. The property is part of one of Lake City's newest commercial subdivisions, already home to several medical facilities, indicating a strong and growing presence of healthcare services in the immediate vicinity. All lots within the development are equipped with city water and sewer infrastructure, ensuring convenient utility access. A master retention system is already in place, designed to accommodate up to 70% impervious area, streamlining the development process. Importantly, the lot will be platted into the subdivision prior to closing, simplifying the transaction and ensuring a clear title. This property offers significant potential for various commercial ventures, capitalizing on its strategic location and well-developed infrastructure. While this specific lot is highlighted, additional lots are also available within the Cypress Lake Business Park, providing further investment possibilities. The APN for this particular lot is 33-3S-16-02433-001. The asking price for this exceptional opportunity is $150,000. This is a rare chance to acquire a well-positioned commercial lot in a thriving area of Lake City.

    Property Features for 0 Prosperity Pl

    General Information

    Property type
    Land
    Lot Size
    28,750 SF

    HighLights

    • 0.66‑acre commercial lot in Lake City, FL's SW Prosperity Place, priced at $150,000.
    • Prime US‑90 & Brown Road location with easy access via a red‑light entrance.
    • Located in a new commercial subdivision with existing medical facilities.
    • City water and sewer available; master retention system in place (70% impervious area).
    • Lot will be platted before closing; APN 33‑3S‑16‑02433‑001.
    • Additional lots available in Cypress Lake Business Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.7159862
    Latitude
    30.1859982

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    FAQs

    What type of property is this?
    Land - Prime 0.66-acre commercial lot in Lake City, FL.
    Where is this land located?
    The property is located at Prosperity Pl Lake City, FL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 0.66-acre commercial lot in Lake City, FL's SW Prosperity Place, priced at $150,000.; Prime US-90 & Brown Road location with easy access via a red-light entrance.; Located in a new commercial subdivision with existing medical facilities.
    (386) 397-3002
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    Prosperity Pl Lake City, FL 32024
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    Lake City, FL 32024
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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
    Prosperity Pl Lake City, FL 32024
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