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Property profile & analytics
OFF-MARKET Estimated value $1,995,000
Grocery and convenience stores

2016 Us Hwy 90 Lake City, FL 32055-4720

19,069 SF 1.83 ac lot Built 2017
Entity Owned 10-yr Hold Free & Clear
Property ID
US18-7397155
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2017
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,069 SF
Lot 1.83 ac (79,802 SF)
Zoning code CI
APN 36-3S-16-02633-000
UPID US18-7397155
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
  • ALDI Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.20M
Blend (final) Blend
$2.00M
Owner & transaction history
Aldi Florida LLC · 10 yrs held
Aldi Florida LLC
since 2016
5 recorded transactions
2016
$400,000
2006
$356,300
2006
Price N/A
2004
$250,000
1969
Price N/A
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) $2.2M +119.2%
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