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Property profile & analytics
OFF-MARKET Estimated value $4,680,000
Super regional malls

2089 Us Hwy 90 Lake City, FL 32055

99,765 SF 13.1 ac lot Built 2017
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-3833037
Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2017
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 99,765 SF
Lot 13.1 ac (570,636 SF)
Zoning code CI
APN 36-3S-16-02611-015
UPID US18-3833037
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
by Request
Blend (final) Blend
$4.68M
Owner & transaction history
North Lauderdale Associates II · 8 yrs held
North Lauderdale Associates II
since 2018
3 recorded transactions
2018
$17.3M
2018
$1.0M
2016
$2.2M
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
Warehouse, storage $7.5M +18.4%
Medical building $6.9M +8.1%
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