Sr-247/Real Ter Lake City, FL 32025
- Land
- 1.93 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sr-247/Real Ter
- Lot size
- 1.93 lot acres
- Property type
- Land
Description
This exceptional 1.93-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Located at the highly visible corner of SW SR-247 and Real Terrace, this property boasts excellent highway frontage on paved roads and offers unparalleled exposure. The lot is cleared and ready for development, featuring a northeast and south orientation. Zoned CI, this vacant land is situated in a rapidly growing area, ideal for a variety of commercial or professional uses. The property is free of deed restrictions and has no agricultural exemption. Tax ID numbers are 02-4S-16-02712-104 and 02-4S-16-02712-105. The asking price is $349,000, translating to approximately $180,829 per acre. While utilities are not currently on-site, public water and sewer are readily available nearby. The property is located within city limits and falls within flood zones X and A. Flexible financing options are available, including cash purchase and lease options with a minimum one-year lease at $3,500 per month. Possession is granted at closing. This is a rare chance to acquire a strategically positioned commercial lot in a thriving market. Don't miss this opportunity to build your business in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake City
- County
- Columbia
- State
- Florida
- Longitude
- -82.6775
- Latitude
- 30.1683
