399 Deputy J Davis Ln Lake City, FL 32024
This exceptional commercial property in Lake City, Florida, presents a unique investment opportunity. Situated on over 2.41 acres, the property boasts a 4,200 square foot warehouse featuring a grade-level loading door, two bathrooms, a showroom, and partial build-out. The asking price is $649,000, translating to $154.52 per square foot. The warehouse is currently vacant, offering immediate occupancy for a wide range of businesses. Its strategic location provides easy access to Interstate 75, facilitating efficient transportation to Gainesville and Jacksonville. The property's zoning allows for diverse uses, making it suitable for various commercial ventures. In addition to the warehouse, the property includes a separate 4-bedroom, 2-bathroom residence, currently generating rental income. This adds to the overall investment potential, offering both immediate revenue and long-term growth prospects. The combination of warehouse space, residential income, and prime location makes this a highly attractive property for entrepreneurs and investors seeking a versatile and profitable asset in a rapidly growing area. The property is located at 399 SW Deputy J Davis Ln, Lake City, FL 32024.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.