0 Us Highway 90 Lake City, FL 32025
This exceptional 7.89-acre commercial land parcel presents a remarkable investment opportunity in Lake City, Florida. Strategically located on "Retail Row" of West US Highway 90, this property boasts 460 feet of highway frontage, placing it just one mile west of the Interstate 75 interchange. The CHI (Commercial Highway Interchange) zoning allows for a diverse range of uses, including retail, restaurants, automotive businesses, hospitality, and professional offices, among others. Neighboring properties include established automobile dealerships and a concentration of hotels, restaurants, and retail establishments within a one-mile radius, further enhancing the property's desirability. A regional hospital and a shopping mall are also conveniently located nearby. This site offers unparalleled visibility and accessibility, making it ideal for a variety of commercial developments. All utilities—water, sewer, power, and internet—are readily available on-site. The property's location, zoning, and infrastructure combine to create a compelling investment prospect with significant potential for growth and return. The lot size is 7.89 acres, with a price per acre of $176,172, resulting in an asking price of $1,250,000. The APN is 34-3S-16-02480-000.
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
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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.