Property summary
This exceptional commercial property in Lake City, Florida, presents a compelling investment opportunity. Located at 663 SE Baya Avenue, this 0.69-acre site encompasses two office buildings, with one recently remodeled. The total square footage is 2,254 square feet, distributed across the existing structures. The property includes a total of five city lots. Several key advantages enhance this offering's appeal. Interior lots have been cleared, and new fencing has been installed along Brown Street at the rear of the property. This strategic location offers significant potential for expansion, with the possibility of constructing two additional buildings within the existing complex. The property benefits from convenient access to city water and sewer services. Importantly, the buildings have not yet been marketed for lease, providing the new owner with complete control over future occupancy and rental strategies. This presents a unique chance to capitalize on the existing structures while simultaneously developing the remaining land. The asking price for this remarkable opportunity is $335,000. This property is zoned for commercial use and is ready for immediate development or lease.
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
Similar Nearby for Lease
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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