355 Bentley Pl Lake City, FL 32025
- Banks
- 4,477 SF
- 4.01 lot acres
Current Use by Public Records
- ATM / Atm
Property Details for 355 Bentley Pl
- Year built
- 1979
- Construction
- FRAME
- Lot size
- 4.01 lot acres
- Property size
- 4,477 SF
- Zone code
- CI
- Property type
- Banks
- APN
- 05-4S-17-07604-000
- APU
- 054S1707604000
Description
This exceptional 1.8-acre commercial land parcel presents a unique investment opportunity in Lake City, Florida. Located at 355 SW Bentley Place, this property boasts a highly desirable location with frontage on both SW SR-47 and SW US-41, offering excellent visibility and accessibility. The average annual daily traffic count at the interchange is a substantial 18,800 vehicles, ensuring high exposure for any commercial development. The lot is irregularly shaped and zoned CI, with no deed restrictions. Currently featuring natural woods, this property is situated within city limits in a fast-growing, developing area, making it ideal for a variety of commercial uses. Utilities, including water and sewer, are readily available nearby. The property is easily accessible via paved, government-maintained roads, and its corner location provides ample space and visibility. The asking price is $850,000, translating to approximately $472,222.3 per acre. Financing options include cash and conventional loans. Possession is granted at closing. The tax ID number is 05-4S-17-07604-000, and there is no agricultural exemption. An adjacent parcel is also available for purchase. Directions: From US-90/Main Blvd (US-41), travel south on SW Main Blvd; the property begins at the SW SR-47/US-41 interchange.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $500,000
- 6.5%
- $600,000
- 7%
- $595,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $580,000
- Geo Method
- $535,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $535,000
- Retail
- $495,000
- Mixed-Use
- $500,000
- Hospitality
- $560,000
- Educational
- $490,000
- Residential Income
- $670,000
- Energy
- $480,000
- Income-Based Land
- $615,000
- Food Service
- $500,000
Location Insight
- Map
- Local Demand
- City
- Lake City
- County
- Columbia
- State
- Florida
- Longitude
- -82.6421
- Latitude
- 30.1663
- CBSA code
- 29380
- CBSA name
- LAKE CITY, FL MICROPOLITAN STATISTICAL AREA