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Property profile & analytics
OFF-MARKET Estimated value $715,000
Retail space

2888 Us Hwy 90 Lake City, FL 32055-4760

7,639 SF 1.21 ac lot Built 2016
Entity Owned 9-yr Hold Free & Clear
Property ID
US18-3237261
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction FRAME
Total area 7,639 SF
Lot 1.21 ac (52,708 SF)
Zoning code CG
APN 35-3S-16-02579-003
UPID US18-3237261
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
  • Jersey Mike's Subs Take-out & Catering Catering Service
  • FindDirt Real Estate Agency
  • Dunkin' Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
$879k
Blend (final) Blend
$715k
Owner & transaction history
Lake City Center LLC · 9 yrs held
Lake City Center LLC
since 2017
6 recorded transactions
2017
$3.7M
2016
$597,900
2008
$975,000
2005
$1.8M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CG · Lake City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 activities which serve a market area larger than a neighborhood. While some of the same types of uses are found in CN areas, the CG areas are ge…

Zone name Commercial General
General category COMMERCIAL
Zone area 530.33 ac
Source 24 ldr lakec
Top alternative use upside
Commercial (general) $870,000 +119.2%
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