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Property profile & analytics
OFF-MARKET
Land

0 Corporate Dr Lake City, FL 32024

52.17 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 52.17 ac (2,272,525 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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