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Property profile & analytics
OFF-MARKET Estimated value $4,900,000
Medical Office Space

289 Stonegate Ter Lake City, FL 32024-3456

20,379 SF 2.07 ac lot Built 2007
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-3594698
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2007
Construction STEEL FRAME
Total area 20,379 SF
Lot 2.07 ac (90,170 SF)
Zoning code CG
APN 34-3S-16-02465-009
UPID US18-3594698
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
  • Dr. Waseem Khan, MD Physician
  • Dr. Vernon P. Montoya, MD Physician
  • ApexNetwork Physical Therapy Medical Clinic
  • Quest Diagnostics Medical Clinic
  • Urology of North Florida Medical Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.90M
Owner & transaction history
John R Felt · 4 yrs held
John R Felt
since 2022
Last sale
$5.2M
2 recorded transactions
2022
$5.2M
2007
$750,400
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
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