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FL
Lake City
32025
229 Main Blvd

Property profile

229 Southwest Main Blvd Lake City, FL 32025

FOR LEASE

Other office properties

Property ID

US18-5260940

2,465 SF 0.17 ac lot Built 1925

Entity Owned 3-yr Hold Free & Clear

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$15 SF/Yr

229 Southwest Main Blvd, Lake City, FL 32025
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A Class B office building located on Main Boulevard in Lake City, Florida, set on a corner lot with frontage along a major corridor and access from two points. The building includes a total of 1,823 square feet and is configured as a speech/OT therapy center, with a reception area, waiting area, five to six private offices, a kitchen, and two restrooms. A secure basement provides file storage and utility equipment space (including breakers and a hot water heater). Additional site and building features include a security system, two rear exits, and ample parking, along with a radio tower and a large parking area behind the main building. The property also includes a second building that can support additional commercial use, leasing, or conversion back to residential use, providing potential for expansion on the site.

Property type Other office properties

Use group OFFICE (GENERAL)

Year built 1925

Construction FRAME

Total area 2,465 SF

Lot 0.17 ac (7,350 SF)

Zoning code CG

APN 00-00-00-12755-000

UPID US18-5260940

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Physician
Radio Station Telecommunications Service

229 Southwest Main Blvd Lake City, FL 32025

Lake City metro Census 110500 LAKE CITY, FL MICROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$235k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$235k

since 2022

5 recorded transactions

2022

Price N/A

2012

Price N/A

1999

$70,000

1969

Price N/A

1969

Price N/A

Zoning description

SECTION 4.12 "CG" COMMERCIAL, GENERAL 4.12.1 DISTRICTS AND INTENT The "CG" Commercial, General category includes one (1) zone district: CG. This district is intended for general retail commercial, office and service acti…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi

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Value Estimation
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