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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

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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

The subject site is an exceptionally well-located opportunity just off US-90, which runs directly through the heart of Lake City, and I-75, one of Florida and Georgia’s main thoroughfares. Everything you need is right at your fingertips with Publix, ALDI, two shopping malls, and big box retailers such as Walmart, The Home Depot, and Lowe’s Home Improvement all less than five minutes away. A new multifamily development will also undoubtedly draw many eyes from the high earning employees of HCA Florida Lake City Hospital just minutes away on the other side of I-75.

PROPERTY FACTS

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
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

PROPERTY TAXES

Parcel Number
34-3S-16-02463-000
Land Assessment
$1,355,198 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,355,198 CAD
  • Listing ID: 34256489

  • Date on Market: 2024-12-20

  • Last Updated:

  • Address: 258 NW Fairway Dr, Lake City, FL 32055

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