Property profile

2941 Us Highway 90 Lake City, FL 32025

OFF-MARKET
Retail properties & Spaces
Built 2005
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Property summary

AI-generated overview

This exceptional commercial property, known as Village Square, presents a unique investment opportunity in the thriving Lake City, Florida market. Located at 2941 W US HWY 90, this established retail center boasts a prime location adjacent to major retailers including Walmart, Lowe's, and the Lake City Mall, ensuring high visibility and substantial foot traffic. The property comprises two single-story buildings constructed in 2005, offering a variety of office spaces suitable for executive, traditional, or medical practices. Flexible space options range from 720 square feet to 2,250 square feet, catering to diverse business needs. The center is home to national tenants such as Firehouse Subs, AT&T, and Moe's, further solidifying its reputation as a desirable commercial destination. While the total building square footage is not currently available, the property features multiple tenancies and is situated in Columbia County (APN: 35-3S-16-02585-006). The property does not include elevators. The asking price is $20 per square foot, with additional CAM fees of $7 per square foot, plus applicable sales tax. This presents a compelling opportunity to establish or expand your business in a high-traffic, well-established commercial center. Contact us today to learn more about this exceptional property and its available spaces.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Electric Vehicle Charging Station
  • Employment Agency
  • Military Recruiting Office
  • Military Recruiting Office

Location

2941 Us Highway 90 Lake City, FL 32025
Lake City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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