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    Property profile & analytics

    205 Commerce Dr Lake City, FL 32025-1501

    • Motels
    • 17,795 SF
    • 1.21 lot acres
    OFF-MARKET
    Value Estimation
    $745,000
    Location Intelligence
    Property ID
    US18-3906353
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rodeway Inn Lake City I-75 / Hotel

    Property Details for 205 Commerce Dr

    Year built
    1983
    Construction
    FRAME
    Lot size
    1.21 lot acres
    Property size
    17,795 SF
    Zone code
    CG
    Property type
    Motels
    APN
    35-3S-16-02563-004
    APU
    353S1602563004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6853
    Latitude
    30.1788
    CBSA code
    29380
    CBSA name
    LAKE CITY, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,096
    $448,010
    $345,450
    $793,460
    -
    $448,010
    $345,450
    $793,460

    Comparable in this City

    • Value Estimation
      $415,000
      2,072 SF

      5309 Us Hwy 441

      MOTEL • 2,072 SF
      5309 Us Hwy 441, Lake City, FL 32025-2489
      View Details
    • Value Estimation
      $525,000
      18,662 SF

      13771 Us Hwy 441

      MOTEL • 18,662 SF
      13771 Us Hwy 441, Lake City, FL 32025-2699
      View Details
    • Value Estimation
      $800,000
      27,852 SF

      339 Commerce Dr

      MOTEL • 27,852 SF
      339 Commerce Dr, Lake City, FL 32025-1503
      View Details
    • Value Estimation
      $1,710,000
      10,366 SF

      13721 Us Hwy 441

      MOTEL • 10,366 SF
      13721 Us Hwy 441, Lake City, FL 32025-2699
      View Details
    • Value Estimation by Request
      85,622 SF

      213 Commerce Dr

      HOTEL • 85,622 SF
      213 Commerce Dr, Lake City, FL 32025-1501
      View Details
    • Value Estimation
      $4,265,000
      25,843 SF

      285 Commerce Dr

      HOTEL • 25,843 SF
      285 Commerce Dr, Lake City, FL 32025-1501
      View Details

    Similar Nearby for Sale

    • $1,250,000
      7.89 Acres

      Lake City Commercial Land

      Prime 7.89-acre Hwy 90 site
      0 Us Highway 90, Lake City, FL 32025
      View Details
    • $500,000
      1,203 SF

      Lake City Office Building - $500K

      Prime Downtown Lake City Office, 1203 SF
      121 Hernando Ave, Lake City, FL 32025
      View Details
    • $100,000
      0.50 Acres

      Lake City Commercial Land Opportunity

      Commercial land available in Lake City, Florida, aviation or other business.
      6 SW Poberezny Gln, Lake City, FL 32025
      View Details
    • $690,000

      Commercial Land with Rental Income

      Seven acres of commercially zoned land with existing rental income.
      3575 Us-441, Lake City, FL 32025
      View Details
    • $100,000
      0.70 Acres

      Lake City Commercial Land Parcel

      Commercial land parcel suitable for aviation or other businesses.
      7 SW Poberezny Gln, Lake City, FL 32025
      View Details
    • $295,000
      1,208 SF

      Lake City Professional Office

      Commercial office building with reception, exam rooms, and bathroom.
      1166 SW Main Blvd, Lake City, FL 32025
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      5,500 SF

      Lake City Plaza Medical Offices

      Prime Medical Office Suites Available
      879 Main Blvd, Lake City, FL 32025
      View Details
    • Contact for pricing
      1,801 SF

      Updated Office Condo For Rent

      Updated office condo with modern finishes, ideal for medical use.
      1140 SW Bascom Norris Dr, Lake City, FL 32025
      View Details
    • $20 SF/Yr
      6,566 SF

      Lake City Office Space Available

      Prime Retail/Office Space in Lake City, FL
      2941 Us Highway 90, Lake City, FL 32025
      View Details

    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      1.8k
    • Avg Time on site
      219 min
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    205 Commerce Dr
    Lake City, FL 32025-1501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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