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Property profile & analytics
OFF-MARKET Estimated value $305,000
Grocery and convenience stores

490 Marion Ave Lake City, FL 32025-5273

4,776 SF 0.43 ac lot Built 1983
Entity Owned 11-yr Hold Free & Clear
Property ID
US18-3972370
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,776 SF
Lot 0.43 ac (18,650 SF)
Zoning code CG
APN 00-00-00-13863-000
UPID US18-3972370
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • SunStop Store #305 Grocery & Convenience Store
  • S & S Food Stores Grocery & Convenience Store
  • Shell Gas Station
  • LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k
Owner & transaction history
State Of Fl Department & Transporta · 11 yrs held
State Of Fl Department & Transporta
since 2015
2 recorded transactions
2021
Price N/A
2015
Price N/A
Zoning & alternative use
CG · Lake City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 4.12 "CG" COMMERCIAL, GENERAL 4.12.1 DISTRICTS AND INTENT The "CG" Commercial, General category includes one (1) zone district: CG. This district is intended for general retail commercial, office and service activities which serve a market area larger than a neighborhood. While some of the same types of uses are found in CN areas, the CG areas are ge…

Zone name Commercial General
General category COMMERCIAL
Zone area 530.33 ac
Source 24 ldr lakec
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