Property profile

1702 Newland Way Lake City, FL 32025

OFF-MARKET
Commercial land
Property ID
US18-4586901
0.5 ac lot
Entity Owned 14-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.5 ac (21,780 SF)
Zoning code CI
APN 05-4S-17-07610-207
UPID US18-4586901

Cap rate & NOI

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

Location

1702 Newland Way Lake City, FL 32025-6915
Lake City metro Census 110700 LAKE CITY, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2012
7 recorded transactions
2019
Price N/A
2012
$363,000
2012
$994,200
2007
Price N/A
2006
$220,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CI · Lake City, FL
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…

General category COMMERCIAL

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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