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Property profile & analytics
OFF-MARKET
Land

0 Lake City Ave Lake City, FL 32024

110.46 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 110.46-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Strategically located within city limits, this property boasts approximately 886 feet of frontage on CR-245 (Price Creek Road), offering significant visibility and accessibility. Additional frontage exists along CR-245A on the western boundary, providing further development potential. The property is currently zoned RR, but per an agreement with the City of Lake City, it can be rezoned for industrial use, opening up a wide range of development possibilities. This expansive tract offers significant flexibility for various commercial ventures, from warehousing and distribution to light industrial uses. Its prime location and zoning flexibility make it an ideal site for businesses seeking a strategic presence in a growing Florida market. The address is Lake City Ave, Lake City, FL 32024, within Columbia County. The asking price for this substantial land holding is $2,761,500. This represents a compelling opportunity to acquire a large, well-situated commercial parcel with significant upside potential. The latitude and longitude coordinates are 30.1791121, -82.7011731 respectively.

Property profile
Verified
Property type Land
Lot 110.46 ac (4,811,638 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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