Property profile

782 Sisters Welcome Rd Lake City, FL 32025

OFF-MARKET
Medical Office Space
Property ID
US18-4854533
4,294 SF 9 ac lot Built 2000
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of approximately 7.64 acres of land zoned for commercial use within city limits, located in an area of ongoing development. It has substantial road frontage with sidewalks and includes a preplanned retention pond shown on the attached plat. An existing office building is present on the overall site but is not included within the 7.64-acre parcel.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Construction FRAME
Total area 4,294 SF
Lot 9 ac (392,040 SF)
Zoning code CI
APN 01-4S-16-02677-000
UPID US18-4854533

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
  • Physician

Location

782 Sisters Welcome Rd Lake City, FL 32025-0442
Lake City metro Census 110500 LAKE CITY, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$85k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2022
Last sale
$129,000
3 recorded transactions
2022
Price N/A
2010
Price N/A
1998
$129,000

Zoning & alternative use

CI · Lake City, FL
Zoning description

except for signs in Commercial, Intensive (CI), Commercial, Highway Interchange (CHI), Industrial, Light and Warehousing (ILW) and Industrial (I) zoning districts, which shall be no higher than thirty-five (35) feet from…

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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