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    Prosperity Pl Lake City, FL 32024
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    Prosperity Pl, Lake City, FL 32024

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    • Land
    • 2.11 lot acres
    Lake City Commercial Land - 2.11 Acres For Sale
    $895,000

    Lake City Commercial Land - 2.11 Acres

    Prime Commercial Land, Lake City, FL

    0 Prosperity Pl, Lake City, FL 32024
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Prosperity Pl

    Lot size
    2.11 lot acres
    Property type
    Land

    Description

    This exceptional 2.11-acre commercial land parcel presents a remarkable investment opportunity in Lake City, Florida. Situated in a thriving new commercial subdivision, this property boasts a highly desirable location at the corner of US-90 and Executive Drive, offering excellent visibility and accessibility. The site benefits from a convenient red-light entrance into the park, ensuring high traffic flow and exposure for any commercial development. This strategically positioned lot is part of a development that already includes the newly constructed Orthopaedic Institute facility, indicating a strong commitment to growth and development in the area. All lots within the subdivision are equipped with city water and sewer infrastructure, simplifying the development process and reducing upfront costs. A master retention system is already in place, further streamlining the construction process. The property's design allows for up to 70% impervious area, providing flexibility for a variety of commercial building plans. This prime location, coupled with the existing infrastructure and the presence of established businesses, makes this a truly exceptional opportunity for investors seeking a high-return commercial development project in a rapidly growing area of Lake City. The asking price is $895,000. The property is located at SW Prosperity Pl, Lake City, FL 32024, in Columbia County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.716
    Latitude
    30.186
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