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Property profile & analytics
OFF-MARKET
Land

Lake City, FL 32024

20.86 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.86-acre commercial land parcel presents a compelling investment opportunity in Lake City, Florida. Strategically located on SE CR-245 (Price Creek Road), the property boasts approximately 1,200 feet of road frontage, ensuring high visibility and convenient access. Its ideal zoning, designated as IND (Industrial), makes it perfectly suited for a variety of industrial uses. A significant advantage is the property's direct frontage on Norfolk Southern rail lines situated on SR-100, providing excellent transportation and logistics capabilities. Further enhancing its potential, there's a possibility of utilizing an adjacent approximately 5.7-acre county-owned spur located on the south end of the property. While this spur is zoned RR (Railroad) and not IND, it could offer additional development options. The property's size and location in Columbia County, Florida, with a zip code of 32024, combine to create a rare opportunity for businesses seeking a strategic industrial location with excellent transportation infrastructure. The asking price for this remarkable property is $500,000. This represents a significant opportunity for investors and developers seeking a prime industrial site in a growing area. The coordinates are 30.0748467 latitude and -82.7562895 longitude.

Property profile
Verified
Property type Land
Lot 20.86 ac (908,662 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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