Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1605 Us Highway 90 Lake City, FL 32055

    For Sale
    $1,800,000

    Prime 2-acre Hwy 90 location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2-acre commercial parcel, located at 1605 W US Hwy 90 in Lake City, Florida (zip code 32055), presents a compelling investment opportunity. Boasting 205 linear feet of frontage on a major thoroughfare with an impressive 38,000 AADT, this property offers unparalleled visibility and accessibility. Situated just 1.7 miles from I-75, Exit 427, it benefits from convenient access to major transportation routes. The property is zoned Commercial General (CG), allowing for a diverse range of business uses, including retail, offices, medical facilities, and more. Existing improvements include a 2,596 square foot one-story bank building with a drive-thru and a 1,980 square foot low-rise office building. Utilities such as water and sewer are available, though upgrades may be necessary for new development. The property's APN is 31-3S-17-06201-000. No known environmental concerns exist. This strategically located parcel provides immediate access to a vibrant commercial area, offering proximity to shopping, dining, and other essential services. The asking price is $1,800,000. This represents a significant price reduction from the previous listing price. The property's location at the signaled intersection of SW Sisters Welcome Road and W US Hwy 90 ensures easy ingress and egress.

    Property Features for 1605 Us Highway 90

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 205 linear feet of highway frontage on US Hwy 90.
    • Prime location on main thoroughfare connecting I‑75 and downtown Lake City, boasting 38,000± AADT.
    • Excellent access via a signalized intersection.
    • Commercial General (CG) zoning, supporting diverse business uses.
    • No known environmental concerns.
    • Convenient proximity to numerous amenities including shopping, dining, and banking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.659415395356
    Latitude
    30.181804026671

    Nearby Similar for Sale

    • $2,200,000

      Turnkey Mobile Home Park Opportunity

      Fully occupied 16-unit mobile home park in Lake City, Florida.
      4816 N Us 441 Hwy, Lake City, FL 32055
      View Details
    • $1,200,000
      16,050 SF

      Lake City Executive Park Complex

      Fully leased office complex near I-75, a steady income generator.
      260 S Marion Ave, Lake City, FL 32025
      View Details
    • $870,000
      8,800 SF

      Lake City Commercial Investment Property

      8,800 sq ft building leased to daycare center.
      258 SW Columbia Ave, Lake City, FL 32025
      View Details
    • $2,200,000
      4.00 Acres

      Turnkey Mobile Home Park Opportunity

      Fully occupied 16-unit mobile home park in an Opportunity Zone.
      4816 N Us 441 Hwy, Lake City, FL 32055
      View Details
    • $850,000
      4.00 Acres

      Lake City Multi-Unit Investment

      Established Lake City mobile home park with long-term tenants.
      154 NW Alpata Ct, Lake City, FL 32055
      View Details
    • $770,000
      4,315 SF

      Lake City Office Suite

      4,315 SF office suite in Perimeter Park, Lake City.
      440 SW Perimeter Gln, Lake City, FL 32025
      View Details

    FAQs

    What type of property is this?
    Land - Prime 2-acre Hwy 90 location.
    Where is this land located?
    The property is located at 1605 Us Highway 90 Lake City, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 205 linear feet of highway frontage on US Hwy 90.; Prime location on main thoroughfare connecting I-75 and downtown Lake City, boasting 38,000± AADT.; Excellent access via a signalized intersection.
    Request Owner's contact information
    1605 Us Highway 90 Lake City, FL 32055
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1605 Us Highway 90
    Lake City, FL 32055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1605 Us Highway 90 Lake City, FL 32055
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.