Property profile

159 Spencer Ct Lake City, FL 32024

OFF-MARKET
Warehouses
Property ID
US18-4187951
10,388 SF 3.59 ac lot Built 2002
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Construction STEEL FRAME
Total area 10,388 SF
Lot 3.59 ac (156,380 SF)
Zoning code CHI
APN 30-4S-17-08885-006
UPID US18-4187951

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Land Surveyor Engineering Consultant
  • Environmental Engineer

Location

159 Spencer Ct Lake City, FL 32024-0385
Lake City metro Census 110604 LAKE CITY, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k

Owner & transaction history

since 2025
Last sale
$500,000
3 recorded transactions
2025
Price N/A
2023
$500,000
2006
Price N/A

Zoning & alternative use

CHI · Lake City, FL
Zoning description

Interchange (CHI), Industrial, Light and Warehousing (ILW) and Industrial (I) zoning districts, which shall be no higher than thirty-five (35) feet from established grade. 9. Glare. Illuminated signs which result in glar…

General category INDUSTRIAL
Top alternative use upside
Medical building $785,000 +3.0%
Auto repair, garage $770,000 +1.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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