1956 Main BlvdLake City, FL 32025

Property Details for 1956 Main Blvd

Year built

1976

Construction

STEEL FRAME

Lot size

1.38 AC

Property size (Sq ft)

9,520 SF

Zone code

CI

Property type

Retail properties

Property subtype

Retail space

APN

08-4S-17-08174-000

APU

084S1708174000

Description

This 9,030-square-foot warehouse, situated on a 0.9-acre lot at 1956 SW Main Blvd in Summerall, Columbia County, offers a unique blend of retail and industrial space. Built in 1976, the single-story building features 3,049 square feet of heated and cooled office space and 5,081 square feet of warehouse space with an impressive 18-foot ceiling height. The property boasts excellent highway frontage on SW Main Blvd, providing significant visibility and accessibility. With 10 total parking spaces and 220-volt power, this property is well-equipped for a variety of businesses. The CI zoning allows for diverse uses, including retail, wholesale, professional services, automotive services, and warehousing. Exterior features include a fence, ample lot space, handicap access, signage, and partial rain gutters. Interior amenities include handicap facilities, a clear span layout, and private restrooms. The property is serviced by public water and a septic tank. Annual lease is $59,400, with a $4,950 security deposit and $14,000 insurance. Tenant expenses include water, sewer, electric, interior and exterior maintenance, taxes, and insurance (Triple Net Lease). The property's APN is 08-4S-17-08174-000. Annual property taxes are $7,097.

• CAP approach

  CAP return

  Valuation

  6%

  $3,022,091

  6.5%

  $2,789,622

  7%

  $2,590,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,631,587

  Geo Method

  $1,631,587

• Alternative Use

  Use

  Valuation

  Residential

  $2,353,151

  Hospitality

  $2,155,473

  Educational

  $1,793,328

  Medical

  $1,855,004

  Retail

  $2,789,622

Location Insight

City

Lake City

County

Columbia

State

Florida

Latitude

30.1628

Longitude

-82.6429

CBSA code

29380

CBSA name

LAKE CITY, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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