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    Land

    0 Sr-247/Real Ter 1, Lake City, FL 32025

    1.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.7-acre commercial land parcel is strategically located in Lake City, Florida, at the intersection of SR-247 and Real Terrace. The property is zoned CI, offering a wide range of development possibilities. This particular listing encompasses 1.68 acres, with 0.71 acres usable. While this is Lot #1 of four available parcels, this listing focuses solely on this specific 1.68-acre lot. The asking price for this corner lot is $350,000. The other available parcels range in size from 0.95 acres to 2.14 acres, with varying usable acreage and individual pricing. Lots #2, #3, and #7 front Real Terrace, offering excellent visibility and accessibility. Detailed information on the other parcels is available upon request. This property presents a unique opportunity for investors and developers seeking a prime location in a growing area of Lake City. The property's location provides easy access to major roadways and local amenities, making it an attractive investment for a variety of commercial ventures. The CI zoning allows for a diverse range of commercial uses, ensuring flexibility for future development plans. Don't miss this chance to acquire a highly desirable commercial property in a thriving Florida market. The zip code is 32025.

    Property profile
    Verified
    Property type Land
    Lot 1.7 ac (74,052 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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