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Property profile & analytics
OFF-MARKET Estimated value $750,000
Outlet malls

990 Main Blvd Lake City, FL 32025-5749

8,320 SF 2.4 ac lot Built 2012
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US18-2231390
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2012
Construction STEEL FRAME
Total area 8,320 SF
Lot 2.4 ac (104,384 SF)
Zoning code CG
APN 05-4S-17-07655-000
UPID US18-2231390
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
  • Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$771k
Blend (final) Blend
$750k
Owner & transaction history
Thorner Fd Lake City LLC · 13 yrs held
Thorner Fd Lake City LLC
since 2012
4 recorded transactions
2012
$1.3M
2012
Price N/A
2012
$225,000
2010
Price N/A
Zoning & alternative use
CG · Lake City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 activities which serve a market area larger than a neighborhood. While some of the same types of uses are found in CN areas, the CG areas are ge…

Zone name Commercial General
General category COMMERCIAL
Zone area 530.33 ac
Source 24 ldr lakec
Top alternative use upside
Commercial (general) $760,000 +9.0%
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