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    Property profile & analytics

    291 Sisters Welcome Rd Lake City, FL 32025-0750

    • Retail space
    • 2,800 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US18-4558460
    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.

    Current Use by Public Records

    • Aj's Hair Space / Hair Salon
    • Aaron's Hair Suite / Hair Salon
    • Hala paula Hairlife suite / Hair Salon
    • Hair by Ashley Harper / Hair Salon
    • Mc Elhaney's Mortgage Services / Mortgage Lender

    Property Details for 291 Sisters Welcome Rd

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.65 lot acres
    Property size
    2,800 SF
    Zone code
    CG
    Property type
    Retail space
    APN
    31-3S-17-06241-002
    APU
    313S1706241002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $225,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $225,000
      Mixed-Use
      $215,000
      Hospitality
      $215,000
      Educational
      $200,000
      Residential Income
      $280,000
      Energy
      $265,000
      Income-Based Land
      $245,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6585
    Latitude
    30.1786
    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
    $2,448
    $63,772
    $90,131
    $153,903
    -
    $63,772
    $90,131
    $153,903

    Comparable in this City

    • Value Estimation
      $230,000
      9,520 SF

      1956 Main Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,520 SF
      1956 Main Blvd, Lake City, FL 32025-0001
      View Details
    • Value Estimation
      $225,000
      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
      $385,000
      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
      $215,000
      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
      $80,000
      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
      $250,000
      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

    Similar Nearby for Sale

    • Contact for pricing
      0.60 Acres

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      Sonic Leased Property For Sale

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      Lake City Car Wash - Prime Location

      Profitable Car Wash Business, High Traffic Area
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    Similar Nearby for Lease

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      Prime Medical Office Suites Available
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    • Contact for pricing
      1,801 SF

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    291 Sisters Welcome Rd
    Lake City, FL 32025-0750
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    Realmo Value Estimation

    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.

    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.

    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
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