Property summary
This exceptional 1.86-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Located on Real Terrace, this property is zoned CI, offering considerable flexibility for various commercial ventures. The lot boasts a total area of 1.86 acres, with approximately 0.89 acres usable. Its strategic location provides excellent visibility and accessibility, making it ideal for businesses seeking high traffic exposure. The property is part of a larger development with several other parcels available, offering potential for expansion or synergy with neighboring businesses. This is Lot #2, and its proximity to SR-247 further enhances its commercial appeal. The asking price of $99,500 represents a compelling value for a property of this size and location in a growing market. Detailed zoning information and site plans are available upon request. This is an excellent opportunity to acquire a strategically located commercial lot in a thriving area of Columbia County, Florida, with the potential for significant return on investment. The property's address is Real Terrace (2), Lake City, FL 32025.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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