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    Property profile & analytics

    2198 Marion Ave Lake City, FL 32025-0071

    • Office Properties & Spaces
    • 2,292 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $115,000
    Last Sale
    Jan 21, 2022
    $108,000
    Location Intelligence
    Property ID
    US18-5718592
    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

    • Office Properties & Spaces

    Property Details for 2198 Marion Ave

    Year built
    1986
    Lot size
    0.48 lot acres
    Property size
    2,292 SF
    Property type
    Office Properties & Spaces
    APN
    08-4S-17-08240-003
    APU
    084S1708240003

    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
    -82.6396
    Latitude
    30.1589
    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
    $1,424
    $37,000
    $72,137
    $109,137
    -
    $37,000
    $72,137
    $109,137

    Comparable in this City

    • Value Estimation by Request
      2,394 SF

      1717 Addler Gln

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    • Value Estimation by Request
      396 SF

      7044 Us Hwy 441

      OFFICE (GENERAL) • 396 SF
      7044 Us Hwy 441, Lake City, FL 32025-2422
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    • Value Estimation by Request
      5,152 SF

      152 Process Loop

      OFFICE (GENERAL) • 5,152 SF
      152 Process Loop, Lake City, FL 32025-2022
      View Details
    • Value Estimation
      $530,000
      4,814 SF

      2080 Main Blvd

      OFFICE (GENERAL) • 4,814 SF
      2080 Main Blvd, Lake City, FL 32025-0076
      View Details
    • Value Estimation
      $60,000
      2,048 SF

      1125 Main Blvd

      OFFICE (GENERAL) • 2,048 SF
      1125 Main Blvd, Lake City, FL 32025-5767
      View Details
    • Value Estimation
      $225,000
      3,392 SF

      816 Main Blvd

      OFFICE (GENERAL) • 3,392 SF
      816 Main Blvd, Lake City, FL 32025-5742
      View Details

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    Similar Nearby for Lease

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    2198 Marion Ave
    Lake City, FL 32025-0071
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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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