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Property profile & analytics
OFF-MARKET Estimated value $1,030,000
Outlet malls

165 State Rd 247 Lake City, FL 32025

12,000 SF 1.75 ac lot Built 1993
Entity Owned Free & Clear
Property ID
US18-3788580
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,000 SF
Lot 1.75 ac (76,230 SF)
Zoning code CI
APN 36-3S-16-02637-001
UPID US18-3788580
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.03M
Owner & transaction history
DISCOUNT AUTO PARTS INC
DISCOUNT AUTO PARTS INC
Zoning & alternative use
CI · Lake City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

except for signs in Commercial, Intensive (CI), Commercial, Highway 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 glare or reflection of light on residential property in the surrounding area…

Zone name Commercial Intensive
General category COMMERCIAL
Zone area 780.48 ac
Source 24 ldr lakec
Top alternative use upside
Commercial (general) $1.1M +9.0%
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