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Property profile & analytics
OFF-MARKET Estimated value $770,000
Outlet malls

5087 Us Hwy 90 Lake City, FL 32055-8191

9,230 SF 1.21 ac lot Built 2009
Entity Owned 12-yr Hold Free & Clear
Property ID
US18-5983006
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2009
Construction STEEL FRAME
Total area 9,230 SF
Lot 1.21 ac (52,708 SF)
Zoning code CHI
APN 33-3S-16-02436-000
UPID US18-5983006
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
  • Amerigas Propane Exchange Propane Supplier
  • FedEx OnSite Postal Service Courier Service
  • Dollar General Discount Store
  • Western Union Bank Credit Union
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$713k
Blend (final) Blend
$770k
Owner & transaction history
Realty Income Properties 13 Ll · 12 yrs held
Realty Income Properties 13 Ll
since 2014
7 recorded transactions
2014
$1.7M
2011
Price N/A
2010
$1.3M
2009
$450,000
2006
$375,000
2005
$207,500
2003
$50,000
Zoning & alternative use
CHI · 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 Commercial Highway Interchange
General category INDUSTRIAL
Zone area 197.25 ac
Source 24 ldr lakec
Top alternative use upside
Commercial (general) $1.1M +119.2%
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