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Property profile & analytics
OFF-MARKET Estimated value $720,000
Outlet malls

668 Waldo St Lake City, FL 32055-4344

6,100 SF 5.74 ac lot Built 1973
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-5256417
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1973
Construction STEEL FRAME
Total area 6,100 SF
Lot 5.74 ac (250,034 SF)
Zoning code I
APN 19-3S-17-05139-001
UPID US18-5256417
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
  • Central States Enterprises Clothing & Fashion Store
  • Furst McNess Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$745k
CAP Approach CAP
by Request
Comparable Approach Comparable
$702k
Blend (final) Blend
$720k
Owner & transaction history
Furst Mcness Company · 2 yrs held
Furst Mcness Company
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
I · 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
General category INDUSTRIAL
Zone area 180.98 ac
Source 24 ldr lakec
Top alternative use upside
Commercial (general) $695,000 +119.2%
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