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Property profile & analytics
OFF-MARKET Estimated value $590,000
Medical Office Space

208 Prosperity Pl Lake City, FL 32024-0684

7,445 SF 1.41 ac lot Built 2016
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US18-7989592
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2016
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,445 SF
Lot 1.41 ac (61,604 SF)
Zoning code CHI
APN 33-3S-16-02432-104
UPID US18-7989592
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
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
$788k
Blend (final) Blend
$590k
Owner & transaction history
Amere LLC · 10 yrs held
Amere LLC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
CHI · Lake City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 glare or reflection of light on residential property in the surrounding area. 10. Minimum clearance. Canopy, marquee, projecting, or hanging sig…

Zone name Commercial Highway Interchange
General category INDUSTRIAL
Zone area 197.25 ac
Source 24 ldr lakec
Top alternative use upside
Restaurant $825,000 +46.4%
Commercial (general) $800,000 +42.6%
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