Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2550 SW Main Blvd Lake City, FL 32025

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2550 SW Main Blvd Lake City, FL 32025

    View on Map
    • Retail space
    • 14,811 SF
    • 1.72 lot acres
    For Sale
    $1,200,000
    View Listing →
    Established Auto Repair Business For Sale
    $1,200,000
    9,611 SF

    Established Auto Repair Business

    Profitable auto repair business with real estate for sale.

    2550 SW MAIN Boulevard, Lake City, FL 32025
    View Listing
    Property ID
    US18-4184728
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ALCOLOCK Ignition Interlock / Building Supply / General Contractor
    • Jim's Auto Service / Auto Repair Shop
    • Low Cost Ignition Interlock / Building Supply / General Contractor

    Property Details for 2550 SW Main Blvd

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    1.72 lot acres
    Property size
    14,811 SF
    Zone code
    CI
    Property type
    Retail space
    APN
    07-4S-17-08137-001
    APU
    074S1708137001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $385,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $671,000
      Market price range: $437k - $1.97M
      AI Estimate
      $492,000
      Market price range: $436k - $1.37M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6444
    Latitude
    30.1542
    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
    $7,491
    $112,500
    $300,072
    $412,572
    -
    $112,500
    $300,072
    $412,572

    Comparable in this City

    • Value Estimation by Request
      1,650 SF

      1149 Baya Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,650 SF
      1149 Baya Dr, Lake City, FL 32025-5540
      View Details
    • Value Estimation by Request
      7,980 SF

      1330 Main Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,980 SF
      1330 Main Blvd, Lake City, FL 32025-6684
      View Details
    • Value Estimation by Request
      7,276 SF

      788 Marion Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,276 SF
      788 Marion Ave, Lake City, FL 32025-5810
      View Details
    • Value Estimation by Request
      5,500 SF

      263 Sisters Welcome Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,500 SF
      263 Sisters Welcome Rd, Lake City, FL 32025-0750
      View Details
    • Value Estimation by Request
      3,946 SF

      691 Sisters Welcome Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,946 SF
      691 Sisters Welcome Rd, Lake City, FL 32025-0418
      View Details
    • Value Estimation by Request
      2,800 SF

      291 Sisters Welcome Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      291 Sisters Welcome Rd, Lake City, FL 32025-0750
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,500 SF

      Free-Standing Retail Building For Sale

      8,500 SF retail building in high-traffic Lake City, FL.
      3118 Southwest Main Blvd, Lake City, FL 32025
      View Details
    • Contact for pricing
      3,168 SF

      Commercial Property with Highway Frontage

      3168 SF commercial property with garage, storage, and parking.
      2832 SW Main Blvd, Lake City, FL 32025
      View Details
    • Contact for pricing

      Prime Retail Outlot Opportunity

      0.60 acre outlot near Lake City Mall.
      215 SW Home Depot Dr, Lake City, FL 32025
      View Details
    • $350,000
      2.13 Acres

      Commercial Lot in Lake City

      2.13-acre commercial lot suitable for various business types.
      1563 SW Century Gln, Lake City, FL 32025
      View Details
    • Contact for pricing
      9,611 SF

      Established Auto Repair Business

      Profitable auto repair business with real estate for sale.
      2550 SW Main Blvd, Lake City, FL 32025
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Office Space Available

      Suites available in plaza with national tenants.
      879 SW Main Blvd, Lake City, FL 32025
      View Details
    • Contact for pricing
      1,801 SF

      Updated Office Condo For Rent

      Updated office condo with modern finishes, ideal for medical use.
      1140 SW Bascom Norris Dr, Lake City, FL 32025
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2550 SW Main Blvd
    Lake City, FL 32025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!