4134 Us Hwy 90 Lake City, FL 32055-8729
Property profile & analytics
4134 Us Hwy 90, Lake City, FL 32055-8729
- Retail space
- 2,380 SF
- 1.39 lot acres
Property ID
US18-2704057
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.
Location Intelligence
Current Use by Public Records
- Herbalife Lake City Nutrition / (Bike/Boat/Book/etc) Store / Specialty Food Shop
- E & J Tax Group / Corporate Office
Property Details for 4134 Us Hwy 90
- Year built
- 1988
- Construction
- FRAME
- Lot size
- 1.39 lot acres
- Property type
- Retail space
- APN
- 34-3S-16-02491-001
- APU
- 343S1602491001
Description
This exceptional investment opportunity presents a thriving, multi-tenant retail center located at 4134 W US Highway 90 in Lake City, Florida. The property, encompassing 1.388 acres, consists of two buildings totaling 8,340 square feet, constructed in 2013. Currently boasting 100% occupancy with three established tenants – Lake City Nutrition, D'Styles Hair Salon, and Harvest Church – the center generates a strong Net Operating Income (NOI) of $63,252, with a pro-forma NOI projected at $87,374. The asking price is $999,000, representing a current cap rate of 6.33% and a pro-forma cap rate of 8.75%. The property features 36 parking spaces and is zoned for STORE use. The buildings are a mix of construction materials including concrete block and stucco, frame, and steel, with metal roofing and aluminum windows. The property benefits from energy-efficient construction, resulting in low operating costs, with power bills consistently ranging from $300 to $350. The sale includes the land, buildings, existing businesses, inventory, machinery, fixtures, furniture, security system, and client lists. This prime Highway 90 location offers unparalleled visibility and accessibility, making it an ideal investment for discerning buyers seeking a high-return, multi-tenant retail property in a growing market. The property's three-story design and 12-foot ceilings provide ample space for current and future tenants. The remaining lease term for the current tenants is one year. The property's APN is 34-3S-16-02491-001. This is a value-add investment opportunity with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lake City
- County
- Columbia
- State
- Florida
- Longitude
- -82.7003
- Latitude
- 30.18
- 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
$10,216
$240,050
$419,671
$659,721
-
$240,050
$419,671
$659,721
