Property summary
This exceptional 2.11-acre commercial land parcel presents a remarkable investment opportunity in Lake City, Florida. Situated in a thriving new commercial subdivision, this property boasts a highly desirable location at the corner of US-90 and Executive Drive, offering excellent visibility and accessibility. The site benefits from a convenient red-light entrance into the park, ensuring high traffic flow and exposure for any commercial development. This strategically positioned lot is part of a development that already includes the newly constructed Orthopaedic Institute facility, indicating a strong commitment to growth and development in the area. All lots within the subdivision are equipped with city water and sewer infrastructure, simplifying the development process and reducing upfront costs. A master retention system is already in place, further streamlining the construction process. The property's design allows for up to 70% impervious area, providing flexibility for a variety of commercial building plans. This prime location, coupled with the existing infrastructure and the presence of established businesses, makes this a truly exceptional opportunity for investors seeking a high-return commercial development project in a rapidly growing area of Lake City. The asking price is $895,000. The property is located at SW Prosperity Pl, Lake City, FL 32024, in Columbia County.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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