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258 NW Fairway Dr - 19.31 Acres Lake City Land 19.31 Acres of Residential Land Offered at $3,461,250 CAD in Lake City, FL 32055



INVESTMENT HIGHLIGHTS
- 19-Acre, Fully Entitled, Multifamily Site Located in Lake City, Florida
- Future Land Use - Residential High, Allowing 20 Dwelling Units Per Acre
- Ideally Suited for Conventional Garden Development or For-Sale Townhome Product
- Approved Planned Development for 192 Multifamily Units
- Great Visibility with 1,250 Feet of Frontage Along I-75
- Minutes from HCA Florida Lake City Hospital
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $3,461,250 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 19.31 AC |
| Property Type | Land | ||
| Zoning | RMF-2 - Residential Multi Family | ||
| Price | $3,461,250 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 19.31 AC |
| Zoning | RMF-2 - Residential Multi Family |
1 LOT AVAILABLE
Lot
| Price | $3,461,250 CAD | Lot Size | 19.31 AC |
| Price Per AC | $179,246.51 CAD |
| Price | $3,461,250 CAD |
| Price Per AC | $179,246.51 CAD |
| Lot Size | 19.31 AC |
The site is 19.31 acres with approved planned development for 192 multifamily units. The site is exceptionally well-located just off US-90 and I-75, one of Florida and Georgia's main thoroughfares.
DESCRIPTION
Lake City is home to several beautiful parks and breathtaking natural attractions. The Ichetucknee Springs State Park is a popular destination for tubing, snorkeling, and wildlife viewing. Alligator Lake Park offers fishing, boating, and picnic areas, making it a great spot for family outings. The Osceola National Forest is a National Natural Landmark, and provides eager outdoorsmen opportunities for hiking, camping, and bird watching across its 200,000 acres. The economy of Lake City is supported by a mix of industries. Major employers include the Columbia County School District (1,300+ employees), HAECO Americas (750+ employees) an aircraft maintenance company, Sitel (500+ employees) a computer support services company, and First Federal Bank of Florida (300+ employees). Lake City is also well-equipped with impressive healthcare facilities. HCA Florida Lake City Hospital is a 115-bed acute care hospital offering medical and surgical programs that employs over 1,000 residents. Additionally, the Lake City VA Medical Center employs over 1,200 people and features six primary care teams.
PROPERTY TAXES
| Parcel Number | 34-3S-16-02463-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,355,198 CAD | Total Assessment | $1,355,198 CAD |
PROPERTY TAXES
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258 NW Fairway Dr - 19.31 Acres Lake City Land
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