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    OFF-MARKET
    Warehouses

    1170 Us Hwy 90, Lake City, FL 32055-3750

    2,400 SF 1.41 ac lot Built 1954
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-2933171
    Property summary
    AI-generated overview

    This exceptional 2,485-square-foot flex space presents a compelling investment opportunity in Lake City, Florida. Located at 1170 W US Hwy 90, this property enjoys a prime position in a high-traffic area, ensuring maximum visibility and accessibility for your business. The single-story building sits on a 1.41-acre lot and features an impressive 18-foot clear ceiling height, providing ample space for a variety of uses, from retail and distribution to service-based businesses. The property includes a fenced lot, allowing for secure operations and storage, and benefits from prominent signage opportunities to enhance brand visibility. Inside, you'll find comfortable air conditioning. Essential utilities are readily available, including city water, sewer, and electric heating. The asking price is $575,000, translating to $231.39 per square foot. This Class C industrial property is zoned for flex use, offering versatility and potential for significant return on investment. Its strategic location and functional design make it an ideal choice for entrepreneurs and investors seeking a high-impact commercial space in a thriving market. The property is situated in Columbia County, Florida, with a zip code of 32055.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1954
    Construction FRAME
    Total area 2,400 SF
    Lot 1.41 ac (61,561 SF)
    APN 31-3S-17-05942-000
    UPID US18-2933171
    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
    Current use
    Occupant on record · Public records
    • ALB Diesel & Auto Repair Auto Repair Shop
    • Mobil Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Adjo Holdings LLC · 3 yrs held
    Adjo Holdings LLC
    since 2023
    Last sale
    $275,000
    5 recorded transactions
    2023
    $275,000
    2008
    $500,000
    2005
    $120,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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