2832 Main Blvd Lake City, FL 32025-0211
This exceptional mixed-use commercial property, located at 2832 SW Main Blvd in Lake City, Florida, presents a unique investment opportunity. The 3,168 square foot building, constructed in 1974, sits on a spacious 1.501-acre lot and boasts a prime location with direct highway frontage on Highway 41, offering easy access to Interstate 75. The property is zoned CI and features a versatile layout suitable for a variety of commercial uses, including an auto shop, storefront, and traditional office space. The building includes a sizable waiting area, two offices, and a spacious garage equipped with three overhead doors, providing ample space for vehicles or equipment. Upstairs storage adds to the functionality. The property also benefits from a recently repainted parking area and a fenced yard, enhancing security and aesthetics. The asking price is $595,000, translating to $187.82 per square foot. This property's combination of size, location, and diverse usage potential makes it an attractive investment in a thriving Florida market. The property's APN is 08-4S-17-08203-004. This is a single-story building.
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Auto Emporium Of Lake City Inc Auto Repair Shop
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Vibe Fitness Gym & Fitness Center
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CI · Lake City, FLexcept 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. 10. Minimum clearance. Canopy, marquee, projecting, or hanging signs with less than a nine (9) feet minimum clearance between the bottom of the sign and the ground surface. 4.2.20.5 Sign permits. Within areas subject to these land development regulations, it shall be unlawful for any person to erect, maintain, or replace any sign not specifically exempted by these land development regulations, without first securing from the Land Development Regulation Administrator a building permit to do so. 4.2.20.6 Exemptions. Except as otherwise provided, the following signs may be erected without a permit, subject, however, to all remaining requirements of these land development regulations. All exempt signs may be located within the required front yard, but shall not be located within twenty (20) feet of any adjacent property line (except as provided in Subsection 3 below). 1. Signs not exceeding one (1) square feet in area and bearing only property numbers, mail box numbers, names of occupants of premises, or other identification of premises not having commercial connotations. 2. Flags and insignia of any government except when displayed in connection with commercial promotion. 3. Traffic or other municipal, City, State, or Federal signs, legal notices, railroad crossing signs, danger signs, and such temporary, emergency, or non-advertising signs. Such signs may be located in or may overhang or infringe upon the right-of-way of streets, roads or public ways. 4. Integral decorative or architectural features of buildings except letters, trademarks, moving parts, or moving lights. 5. Signs directing and guiding traffic and parking on private property, but bearing no advertising matter. 6. Signs within buildings. 4 - 25 7. One (1) "For Sale" or "For Rent" sign per parcel of property, unless such property fronts on more than one (1) street, in which case two (2) signs may be erected, one (1) on each frontage. The size of any such sign shall not be in excess of eight (8) square feet, and such sign shall be removed within one (1) month after the premises have been sold or rented. 8.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.