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Property profile & analytics
OFF-MARKET
Auto shops

491 Arrowhead Ter Lake City, FL 32024-6349

2,812 SF 2.55 ac lot Built 1987
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US18-3518214
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1987
Construction FRAME
Total area 2,812 SF
Lot 2.55 ac (111,078 SF)
Zoning code ILW
APN 19-4S-17-08558-002
UPID US18-3518214
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
  • Daniel's Towing Service & Recovery Auto Repair Shop
  • Alibi Automotive & Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Timmothy D Herringshaw · 11 yrs held
Timmothy D Herringshaw
since 2015
1 recorded transaction
2015
$262,500
Zoning & alternative use
ILW · Lake City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Interchange (CHI), Industrial, Light and Warehousing (ILW) and Industrial (I) zoning districts, which shall be no higher than thirty-five (35) feet from established grade. 9. Glare. Illuminated signs which result in glare or reflection of light on residential property in the surrounding area. 10. Minimum clearance. Canopy, marquee, projecting, or hanging sig…

Zone name Industrial Light And Warehousing
General category INDUSTRIAL
Zone area 151.19 ac
Source 24 ldr lakec
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