Property summary
This 3.08-acre commercial land parcel in Lake City, Florida, presents a remarkable investment opportunity. Located on SW Corporate Drive, the property boasts exceptional visibility from Interstate 75, a major thoroughfare with high daily traffic volume. The site is zoned CI, permitting a wide range of commercial uses, making it suitable for various development projects. Consider the potential for a hotel, restaurant, or other commercial ventures, given the existing concentration of hospitality and retail businesses in the immediate vicinity. West of I-75, neighboring establishments include the Fairfield Inn & Suites, Red Roof Inn, Camping World, Hampton Inn, and Country Inn & Suites. Additional motels and restaurants are situated on the east side of I-75, further highlighting the area's strong commercial activity and potential for synergy. The property's strategic location and zoning flexibility offer significant advantages for investors seeking a prime commercial development site in a thriving area. The asking price is $850,000. This is a rare opportunity to acquire a substantial parcel of land with excellent visibility and development potential in a high-traffic location. Columbia County, Florida, provides a supportive environment for business growth.
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
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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