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Cleared Corner Parcel for Development
For Sale
$122,500

974 SW Sherlock Terrace, Lake City, FL 32024

LAND - Lake City, FL

Property SizeContact for details
Lot Size5.01 Acres
Days on Market92

Property Features for 974 SW Sherlock Terrace

General Information

Property type Land
Property subtype Other
Subdivision 32024 - Lake City
High school district 000000
Directions Directions take Highway 41 S. to Highway 47 SW. stay on Highway 47 for 8 miles until you hit Cates Road take a left. It's 2 miles up the road on the left-hand side on the corner of Cates Road and Sherlock Terrace.
Standard status Active
APN 14-5S-16-03621-201
Lot size 5.01 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 628
Listing Agency: La Rosa Realty Llc
Listed By: Robert J Davis · License #572956
Added: May 13 Changed: Jul 28 Last Checked: Aug 12 at 1:06PM
MLS# 11775897

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Offering 5.01 acres of cleared land, this corner parcel provides paved road access on two sides and is described as located outside of a flood zone. The property is being marketed as suitable for a custom site-built home, manufactured home, or a range of small-scale agricultural or recreational uses, with additional space for gardens, animals, or other personal projects.

The parcel is situated in North Florida in Columbia County, with proximity to local amenities described in the remarks: within about 3 miles of highly rated schools, approximately 5 miles to a Publix shopping plaza and Tractor Supply, and roughly 9 miles to Lake City. Interstate 75 is noted as just minutes away for commuting convenience.

The seller notes that there are no HOA restrictions. Buyers are responsible for verifying all measurements, legal details, and zoning/land use requirements.

Key Highlights

  • 5‑acre cleared corner parcel with paved road frontage on two sides
  • Outside of a flood zone
  • No HOA restrictions

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Garden Center Auto Repair Shop Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 32024, FL

20,106
Population
8,554
Households
2.4
Avg Household Size
44
Median Age
16%
College-Educated
86%
High-School Grad
145.4 sq mi
ZIP Area
138
Density / Sq Mi
$62,066
Median Household Income
$43,391
Median Earnings
$980
Median Rent
$201,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Cleared 5-acre corner lot with paved road access on two sides, located outside a flood zone.
Where is this residential land & home lot located?
The property is located at 974 SW Sherlock Terrace Lake City, FL.
What is the asking price?
The asking price for this property is $122,500.
What are key features of this property?
This property features: 5‑acre cleared corner parcel with paved road frontage on two sides; Outside of a flood zone; No HOA restrictions
More about this property
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