Property profile

2383 W Us Highway 90 Lake City, FL 32025

FOR SALE
Drive through restaurants
Property ID
US18-4463365
2,648 SF 0.65 ac lot Built 2000
Entity Owned 4-yr Hold Free & Clear
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For Sale
Contact for pricing 2,648 SF
2383 W Us Highway 90, Lake City, FL 32025
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,648 SF
Lot 0.65 ac (28,402 SF)
Zoning code CI
APN 36-3S-16-02611-018
UPID US18-4463365

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

2383 W Us Highway 90 Lake City, FL 32025
Lake City metro Census 110500 LAKE CITY, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.56M

Owner & transaction history

since 2022
Last sale
$1.8M
4 recorded transactions
2022
$1.8M
2019
$1.7M
2000
$342,500
1969
Price N/A

Zoning & alternative use

CI · Lake City, FL
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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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