Lake City, FL 32055
This exceptional 5.91-acre commercial property, located on W US-90 in Lake City, Florida (zip code 32055), presents a fantastic investment opportunity. Currently vacant, this retail space is zoned CHI, allowing for a wide variety of commercial uses. The property boasts an enviable location at a corner lot with a traffic light at the intersection of US-90 and Lake City Avenue, ensuring high visibility and significant traffic exposure. With over 361 feet of frontage on US-90 and over 688 feet of frontage on Lake City Avenue, this site offers unparalleled potential for businesses seeking maximum brand visibility. City utilities are readily available, simplifying the development process. The asking price is $2,200,000. The property's size and prime location make it an ideal site for a variety of commercial ventures, promising strong returns on investment. This is a rare opportunity to acquire a substantial, high-traffic commercial property in a growing Florida market. The property's square footage is currently unlisted. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.