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Property profile & analytics
OFF-MARKET
Land

0 Executive Dr Lake City, FL 32024

4.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Located in a rapidly developing area, this vacant lot boasts a prime location on SW Executive Dr, offering easy access to US-90 and Brown Road via a traffic-controlled intersection. The property is part of a new commercial subdivision, already home to several medical facilities, ensuring a thriving and established neighborhood. The lot features an irregular shape and is zoned CHI, falling within a Flood Zone X designation. Existing infrastructure includes curbs, gutters, and drainage systems, along with paved, government-maintained roads. Public water and sewer services are readily available nearby, complemented by existing electricity and telephone access. The property is suitable for commercial or professional use, with deed restrictions in place. The asking price is $675,000, translating to $150,000 per acre. The sale is cash only, with possession granted at closing. The Tax ID is 33-3S-16-02433-001, and there is no agricultural exemption. This property offers significant potential for development in a high-growth area, making it an attractive investment for discerning buyers. Directions: From US-90/I-75, go west on US-9, left on Sweetbreeze, right on Executive Glen; the property is at the corner of Sweetbreeze/Executive Glen.

Property profile
Verified
Property type Land
Lot 4.5 ac (196,020 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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