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Property profile & analytics
OFF-MARKET Estimated value $5,105,000
Grocery and convenience stores

295 Cmns Loop Lake City, FL 32055-7721

48,746 SF 10.17 ac lot Built 2008
Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-1952404
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2008
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 48,746 SF
Lot 10.17 ac (443,005 SF)
Zoning code CI
APN 36-3S-16-02611-024
UPID US18-1952404
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.61M
Blend (final) Blend
$5.11M
Owner & transaction history
Inland Diversified Lk Cty Comm · 16 yrs held
Inland Diversified Lk Cty Comm
since 2010
4 recorded transactions
2010
Price N/A
2010
$10.6M
2007
$200,000
1969
Price N/A
Zoning & alternative use
CI · Lake City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Commercial Intensive
General category COMMERCIAL
Zone area 780.48 ac
Source 24 ldr lakec
Top alternative use upside
Commercial (general) $5.6M +119.2%
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