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    OFF-MARKET
    Land

    0 Baya Dr, Lake City, FL 32025

    3.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.1-acre commercial land parcel presents a prime investment opportunity in Lake City, Florida. Located on SE Baya Drive, this property boasts highway frontage, offering excellent visibility and accessibility. The lot is irregularly shaped and zoned CI, allowing for a variety of commercial and professional uses. Currently vacant, this land is ready for development, with public water available nearby. There are no existing improvements, deed restrictions, or agricultural exemptions. The property's tax ID is 34-3S-17-06970-000. The asking price is $450,000, translating to approximately $145,161.3 per acre. The property is situated in a fast-growing, developing area with convenient access from US-90. Buyers should note that utilities (sewer) are not currently on-site, and financing is cash only. Possession is at closing, with the closing handled through Abstract & Title Services. The property is located in a cul-de-sac/dead end, facing north. This is a rare opportunity to acquire a significant commercial tract in a desirable location.

    Property profile
    Verified
    Property type Land
    Lot 3.1 ac (135,036 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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