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    Property profile & analytics

    8593 County Rd 231 Lake Butler, FL 32054-5730

    • Retail space
    • 3,183 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Mar 25, 2025
    $375,000
    Location Intelligence
    Property ID
    US18-2589785
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 8593 County Rd 231

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.08 lot acres
    Property size
    3,183 SF
    Property type
    Retail space
    APN
    06-06-20-00-000-0170-0
    APU
    606200000001700

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Butler
    County
    Union
    State
    Florida
    Longitude
    -82.3491
    Latitude
    29.9998

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,663
    $12,960
    $88,441
    $101,401
    -
    $12,960
    $88,441
    $101,401

    Comparable in this City

    • Value Estimation by Request
      4,740 SF

      1st St

      RETAIL STORES (PERSONAL SERVICES) • 4,740 SF
      1st St, Lake Butler, FL 32054
      View Details
    • Value Estimation by Request
      864 SF

      165 4th Ave

      RETAIL STORES (PERSONAL SERVICES) • 864 SF
      165 4th Ave, Lake Butler, FL 32054-2021
      View Details
    • Value Estimation by Request
      1,840 SF

      730 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,840 SF
      730 Main St, Lake Butler, FL 32054-1333
      View Details
    • Value Estimation by Request
      1,439 SF

      150 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,439 SF
      150 Main St, Lake Butler, FL 32054-1640
      View Details
    • Value Estimation by Request
      6,756 SF

      4661 State Rd 238

      RETAIL STORES (PERSONAL SERVICES) • 6,756 SF
      4661 State Rd 238, Lake Butler, FL 32054-5353
      View Details
    • Value Estimation
      $480,000
      3,502 SF

      Sr 100

      RETAIL STORES (PERSONAL SERVICES) • 3,502 SF
      Sr 100, Lake Butler, FL 32054
      View Details

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    8593 County Rd 231
    Lake Butler, FL 32054-5730
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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