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Property profile & analytics
OFF-MARKET
Retail space
341 Marion Ave Lake City, FL 32055-2869
Entity Owned
Free & Clear
Property ID
US18-4757363
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,760 SF
Lot
0.5 ac (21,782 SF)
Zoning code
*C-CBD
APN
00-00-00-12020-000
UPID
US18-4757363
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
-
William Heating Cooling And Refrigeration Production Facility Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
III Luxury Hotels & Suites LLC
III Luxury Hotels & Suites LLC
since 2026
6 recorded transactions
Zoning & alternative use
*C-CBD · Lake City, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,474
Tax year 2023
Assessed value
$121,917
Assessed 2023
Previous assessed
$118,114
+3.2% YoY
Effective rate
2.85%
On assessed value
Assessed land
$74,059
Assessed improvement
$47,858
Land market value
$74,059
Improvement market value
$47,858
Total market value
$121,917
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Rooms
2
Total area
2,760 SF
Lot
0.5 ac (21,782 SF)
Zoning code
*C-CBD
APN
00-00-00-12020-000
UPID
US18-4757363
Jurisdiction
COLUMBIA
Zoning & alternative use
*C-CBD · Lake City, FLZoning *C-CBD · permitted uses
*C-CBD · Lake City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
24 ldr lakec
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Buildings
2
Rooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
III Luxury Hotels & Suites LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 3785, LAKE CITY, FL 32056-3785
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2026
$60,000
III Luxury Hotels & Suites LLC
Compassion Love Center INC
Warranty Deed
—
Apr 23, 2026
$295,000
Compassion Love Center INC
Stamper JR David
Warranty Deed
—
Oct 3, 2022
$295,000
Compassion Love Center INC
David Stamper
Contract Sale
$5,000 · Not Available
Jul 29, 2022
—
David Robert Stamper JR
Christopher Paul Stamper
Intrafamily Transfer
related
—
May 15, 2007
—
David R Stamper JR.
Stamper,christopher P
Quit Claim Deed
related
—
Apr 13, 1999
$70,000
Joseph Hacker
Stamper,chris P
Grant Deed
$60,000 · Seller
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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