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Property profile & analytics
OFF-MARKET
Land

Lake City, FL 32055

10.94 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.94-acre commercial land parcel presents a significant investment opportunity in Lake City, Florida. Strategically located on W US-90, the property boasts approximately 100 feet of frontage on this major thoroughfare, ensuring high visibility and accessibility. The property includes a 2,384 square foot brick home built in 1964, which is being sold "as is." This existing structure could be repurposed, renovated, or removed to accommodate a new development, depending on the buyer's vision. The property's substantial size offers ample space for a variety of commercial ventures, from retail and restaurants to light industrial uses. The location in Columbia County, Florida, provides access to a growing population and a strong local economy. This is a rare opportunity to acquire a large, well-positioned commercial parcel in a desirable area. Further acreage may be available; please inquire for details using MLS#100655. The asking price for this exceptional property is $1,500,000. This represents a compelling investment in a high-growth area with significant potential for future appreciation. The property's prime location and substantial size make it an ideal candidate for a wide range of commercial developments.

Property profile
Verified
Property type Land
Lot 10.94 ac (476,546 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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