Property profile

3887 E Us Highway 90 Lake City, FL 32055

FOR SALE
Other warehouses
Property ID
US18-3790362
15,000 SF 1.72 ac lot Built 1978
Entity Owned 18-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a 15,000-square-foot industrial facility on 1.72 acres in Lake City, Florida, fully fenced and gated and positioned directly across from Lake City Gateway Airport. It includes a 12,000-square-foot warehouse measuring 100 feet by 120 feet with three bay doors, a 1,500-square-foot office area containing two restrooms, and a separate 1,500-square-foot one-bedroom, one-bath apartment with a kitchen and living area, which is suitable for on-site occupancy or conversion. The site is designed to support owner-user or investment uses and is generally suited for logistics, light manufacturing, storage, or service operations based on its airport and nearby transportation-route adjacency.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Construction STEEL FRAME
Total area 15,000 SF
Lot 1.72 ac (74,923 SF)
APN 36-3S-17-07463-001
UPID US18-3790362

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3887 E Us Highway 90 Lake City, FL 32055
Lake City metro Census 110300 LAKE CITY, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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