Property profile

4498 Us Hwy 90 Lake City, FL 32055

OFF-MARKET
Office Spaces
Property ID
US18-5034092
3,920 SF 0.47 ac lot Built 2002
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional office property, located on US-90 west of I-75 near Harvey's, offers 1,890 square feet of high-visibility space. The building, constructed in 2002, is zoned CI and features a total of four suites. Flexible lease options are available, ranging from a minimum of 144 square feet to a maximum contiguous space of 1,890 square feet. The property includes approximately 1,890 square feet of private space and 501 square feet of shared common area. The upper floor boasts three private offices, an open area suitable for a reception area, a restroom, and ample storage. The ground floor offers four private rooms, potentially usable as conference rooms, and a private restroom. Shared amenities include a downstairs lobby and a kitchen area. The landlord is open to negotiating utility inclusion in the lease agreement for an additional fee. This versatile space is ideal for a variety of businesses, including traditional office, executive office, coworking, medical office, and creative office uses. The property's prime location and adaptable layout make it an excellent opportunity for businesses seeking a prominent presence in a thriving area.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2002
Construction FRAME
Total area 3,920 SF
Lot 0.47 ac (20,337 SF)
Zoning code CI
APN 34-3S-16-02465-101
UPID US18-5034092

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Real Estate Agency
  • Insurance Agency

Location

4498 Us Hwy 90 Lake City, FL 32055-4887
Lake City metro Census 110604 LAKE CITY, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
$740k
Blend (final) Blend
$630k

Owner & transaction history

since 2024
Last sale
$630,000
2 recorded transactions
2024
$630,000
2024
$625,000

Zoning & alternative use

CI · Lake City, FL
Zoning description

except for signs in Commercial, Intensive (CI), Commercial, Highway Interchange (CHI), Industrial, Light and Warehousing (ILW) and Industrial (I) zoning districts, which shall be no higher than thirty-five (35) feet from…

General category COMMERCIAL

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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