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Property profile & analytics
OFF-MARKET
Estimated value
$2,635,000
Automotive properties
1232 Us Hwy 90 Lake City, FL 32055-3733
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-4414183
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1986
Construction
STEEL FRAME
Total area
56,843 SF
Lot
4.7 ac (204,819 SF)
Zoning code
*CG
APN
31-3S-17-05946-000
UPID
US18-4414183
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
-
Jolley Car Sales Car Dealership
-
I-75 Toyota of Lake City Car Dealership
-
Rountree Moore Toyota Service Center Auto Repair Shop Vehicle Inspection Center
-
I-75 Toyota of Lake City Service & Parts Auto Parts Store
-
Toyota Sales & Leasing Professional Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.64M
Owner & transaction history
Lake City T Automotive Managem · 10 yrs held
Lake City T Automotive Managem
since 2016
6 recorded transactions
Zoning & alternative use
*CG · Lake City, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,275,000
Change: -11% · Conversion: Easy
MEDICAL BUILDING
$3,905,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.64M
Range $2.37M – $2.90M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$46 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$59,346
Tax year 2023
Assessed value
$2,884,159
Assessed 2023
Previous assessed
$3,856,256
-25.2% YoY
Effective rate
2.06%
On assessed value
Assessed land
$1,091,500
Assessed improvement
$1,792,659
Land market value
$1,091,500
Improvement market value
$1,792,659
Total market value
$2,884,159
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
8
Total area
56,843 SF
Lot
4.7 ac (204,819 SF)
Zoning code
*CG
APN
31-3S-17-05946-000
UPID
US18-4414183
Jurisdiction
COLUMBIA
Zoning & alternative use
*CG · Lake City, FLZoning *CG · permitted uses
*CG · Lake City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
24 ldr lakec
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$3.9M
WAREHOUSE, STORAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Lot
4.7 ac
Current owner
From public records · entity-resolved
Lake City T Automotive Managem
Entity
Mailing address
1101 E FLETCHER AVE, TAMPA, FL 33612-3666
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2016
$3,604,500
Lake City T Automotive Managem
Rountree-moore Motors LLC
Grant Deed
—
Mar 4, 2003
$250,000
Morris,tr
Scottys INC
Grant Deed
—
—
—
Rountree-moore Realty LLC
—
Deed Of Trust
related
$901,388 · First Fsb Florida
—
—
Suwannee River Valley Dev Co L
—
Deed Of Trust
related
$193,678 · First Fsb Florida
—
—
Rountree-moore Realty LLC
—
Deed Of Trust
related
$300,000 · First Fsb Florida
—
—
Rountree-moore Realty LLC
—
Deed Of Trust
related
$1,250,000 · First Fsb Florida
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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