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    Property profile & analytics

    491 Arrowhead Ter Lake City, FL 32024-6349

    • Auto shops
    • 2,812 SF
    • 2.55 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US18-3518214
    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

    • Daniel's Towing Service & Recovery / Towing Service
    • Alibi Automotive & Repair / Mechanic

    Property Details for 491 Arrowhead Ter

    Year built
    1987
    Construction
    FRAME
    Lot size
    2.55 lot acres
    Property size
    2,812 SF
    Zone code
    ILW
    Property type
    Auto shops
    APN
    19-4S-17-08558-002
    APU
    194S1708558002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $305,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $325,000
      Mixed-Use
      $305,000
      Hospitality
      $275,000
      Educational
      $250,000
      Residential Income
      $305,000
      Energy
      $305,000
      Income-Based Land
      $260,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6594
    Latitude
    30.1214
    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
    $3,268
    $195,075
    $19,046
    $214,121
    -
    $195,075
    $19,046
    $214,121

    Comparable in this City

    • 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
      $290,000
      35.83 Acres

      300 Windswept Gln

      AUTO REPAIR, GARAGE • 35.83 Acres
      300 Windswept Gln, Lake City, FL 32024-0694
      View Details
    • Value Estimation
      $395,000
      10,080 SF

      10434 County Rd 240

      AUTO REPAIR, GARAGE • 10,080 SF
      10434 County Rd 240, Lake City, FL 32024-4609
      View Details
    • Value Estimation by Request
      1,200 SF

      Lake

      AUTO REPAIR, GARAGE • 1,200 SF
      Lake, City, FL 32024
      View Details
    • Value Estimation
      $200,000
      3,480 SF

      214 Windswept Gln

      AUTO REPAIR, GARAGE • 3,480 SF
      214 Windswept Gln, Lake City, FL 32024-0370
      View Details
    • Value Estimation by Request
      4,120 SF

      2318 Pinemount Rd

      AUTO REPAIR, GARAGE • 4,120 SF
      2318 Pinemount Rd, Lake City, FL 32024-5825
      View Details

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    491 Arrowhead Ter
    Lake City, FL 32024-6349
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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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