0 Corporate Dr Lake City, FL 32024
This exceptional 52.17-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Strategically located near major businesses including RV Sales & Camping World, Southland Log Homes, Fairfield Inn & Suites, Log Cabin Homes, and Hampton Inn & Suites, this property offers unparalleled visibility and accessibility. The property boasts convenient access to I-75, although a portion of the original tract is pending sale, leaving 52.17 acres available. Zoned CI, this land allows for a multitude of commercial and professional uses, providing flexibility for diverse development plans. The property is situated within city limits, offering essential utilities and infrastructure. Currently vacant and featuring natural woods, the lot is irregular in shape and has no deed restrictions. The tax ID is 02-4S-16-02714-000, and there is no agricultural exemption. The property is located in Flood Zones A and X. Priced at $5,217,000, this translates to approximately $100,000 per acre. This prime location, combined with its size and zoning, makes this an exceptional opportunity for developers and investors seeking high-impact commercial development in a thriving area. Don't miss this chance to acquire a significant piece of Lake City's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.