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    I-75/Sr-247/Real Ter Lake City, FL 32025

    For Sale
    $2,000,000

    41 Acres, High Visibility, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 41-acre commercial land parcel presents a remarkable investment opportunity in Lake City, Florida. Boasting an unparalleled location with significant frontage on I-75 (1,520 feet), SR-247 (642 feet), and Real Terrace (396 feet), this property offers unmatched visibility and accessibility. The strategic positioning approximately one mile from the bustling US-90/SR-247 corridor ensures high traffic volume and exposure to a large potential customer base. The property is zoned RMF-1, providing flexibility for a variety of commercial developments. Given the ongoing commercial growth along SR-247, this land represents a prime opportunity to capitalize on the area's expanding economy. The substantial lot size allows for significant development potential, catering to a wide range of commercial ventures. With its ideal location and zoning, this property is poised for immediate success and long-term growth. The asking price is $2,000,000. The property's address is I-75/SR-247/Real Terrace, Lake City, FL 32025.

    Property Features for 0 I-75/Sr-247/Real Ter

    General Information

    Property type
    Land
    Lot Size
    1,785,960 SF

    HighLights

    • 41‑acre commercial land parcel in Lake City, FL, priced at $2,000,000.
    • Exceptional I‑75 frontage (1,520 ft), plus SR‑247 (642 ft) and Real Terrace (396 ft) road frontage.
    • High‑traffic location, approximately one mile from US‑90/SR‑247 corridor.
    • RMF‑1 zoning allows for diverse commercial development.
    • Significant development potential due to large lot size and area's commercial growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake City
    County
    Lake City
    State
    Florida
    Longitude
    -82.67746
    Latitude
    30.1682763

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    FAQs

    What type of property is this?
    Land - 41 Acres, High Visibility, Prime Location
    Where is this land located?
    The property is located at I-75/Sr-247/Real Ter 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: 41-acre commercial land parcel in Lake City, FL, priced at $2,000,000.; Exceptional I-75 frontage (1,520 ft), plus SR-247 (642 ft) and Real Terrace (396 ft) road frontage.; High-traffic location, approximately one mile from US-90/SR-247 corridor.
    (386) 397-3002
    Request Owner's contact information
    I-75/Sr-247/Real Ter Lake City, FL 32025
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    I-75/Sr-247/Real Ter
    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
    I-75/Sr-247/Real Ter Lake City, FL 32025
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