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    Property profile & analytics

    4475 State Rd 47 Lake City, FL 32024-4810

    • Turn key restaurants
    • 2,712 SF
    • 2.87 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US18-3244652
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 4475 State Rd 47

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.87 lot acres
    Property size
    2,712 SF
    Zone code
    CG
    Property type
    Turn key restaurants
    APN
    30-4S-17-08900-001
    APU
    304S1708900001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $355,000
      6.5%
      $380,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $415,000
      Mixed-Use
      $460,000
      Hospitality
      $415,000
      Educational
      $425,000
      Residential Income
      $445,000
      Energy
      $445,000
      Income-Based Land
      $340,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6596
    Latitude
    30.1092
    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
    $4,729
    $158,294
    $144,060
    $302,354
    -
    $158,294
    $144,060
    $302,354

    Comparable in this City

    • Value Estimation
      $670,000
      1,637 SF

      14143 Us Hwy 441

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,637 SF
      14143 Us Hwy 441, Lake City, FL 32024-0252
      View Details
    • Value Estimation
      $725,000
      3,113 SF

      202 Corey Pl

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,113 SF
      202 Corey Pl, Lake City, FL 32024-0399
      View Details
    • Value Estimation
      $220,000
      3,220 SF

      438 Arrowhead Ter

      AUTO REPAIR, GARAGE • 3,220 SF
      438 Arrowhead Ter, Lake City, FL 32024-0328
      View Details
    • Value Estimation
      $300,000
      3.07 Acres

      4367 County Rd 242

      RETAIL STORES (PERSONAL SERVICES) • 3.07 Acres
      4367 County Rd 242, Lake City, FL 32024-4534
      View Details
    • Value Estimation
      $650,000
      9,436 SF

      2181 County Rd 252b

      WHOLESALE OUTLET, DISCOUNT STORE • 9,436 SF
      2181 County Rd 252b, Lake City, FL 32024-4664
      View Details
    • Value Estimation
      $410,000
      6,810 SF

      5735 State Rd 247

      CONVENIENCE STORE • 6,810 SF
      5735 State Rd 247, Lake City, FL 32024-4544
      View Details

    Similar Nearby for Sale

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      Commercial building with open area, kitchen, and outdoor patio on 5 acres.
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    • $225,000
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      Residential lot suitable for site-built or manufactured homes.
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    • $239,000
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      10 acre residential land with creek, suitable for development.
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    Property Visit Statistics

    • Visits by month
      20.7k
    • Visitors by month
      10.7k
    • Avg Time on site
      11 min
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    Lake City, FL 32024-4810
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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