Property profile

642 Marion Ave Lake City, FL 32025

OFF-MARKET
Office Spaces
Property ID
US18-3487995
2,473 SF 0.3 ac lot Built 1945
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,473 SF
Lot 0.3 ac (12,995 SF)
Zoning code CG
APN 00-00-00-14124-000
UPID US18-3487995

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
  • Marketing & Advertising Advertising Agency
  • Social Service Agency

Location

642 Marion Ave Lake City, FL 32025-5810
Lake City metro Census 110700 LAKE CITY, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
2014
Price N/A
2002
$151,900
1997
$110,000

Zoning & alternative use

CG · Lake City, FL
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 acti…

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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