129 NE Coach Anders Ln - Retail FOR SALE


Lake City, FL 32055
$89,000 USD
129 NE Coach Anders Ln, Lake City, FL for Sale
$89,000 USD
Retail - FOR SALE
1/6
null | 13.67% Cap Rate

129 NE Coach Anders Ln
Lake City, FL 32055


HIGHLIGHTS

  • 0.53-Acre Commercial Property – Includes an existing 864 SF single-family home on a commercially zoned parcel
  • Prime Lake City Location – Situated in Columbia County with convenient access to major roads, local businesses, and everyday amenities.
  • Flexible CI Zoning – Continue using the existing home as a residence, convert it into office or business space
  • Income Potential – Projected gross rent of $1,180/month with an estimated NOI of $12,162/year.
  • Opportunity Zone Property – Located within an Opportunity Zone, offering potential long-term tax advantages for qualifying investors.
  • Owner-User or Value-Add Opportunity – Ideal for investors or businesses seeking an affordable commercial property with multiple exit strategies.

OVERVIEW

Address: 129 NE Coach Anders Ln Lake City, FL 32055 County: Columbia County Parcel ID: 00-00-00-11229-000 Building size: 864 sqft Land size: 0.53 acre Zoning: CI Layout: 1 SFR Sewer: Connected Water: City Water. Connected Electric: Connected Road Access: Yes Flood Zone: No Wetlands: No Opportunity zone: True Existing single-family home may remain residential. Once converted to commercial use, it cannot revert to residential. Commercial options: - Convert the home into office/business space, or - Demolish and build a commercial building. Any commercial project must comply with Florida Building Code and City requirements. Residential Renovations: Interior and exterior renovations are permitted. No expansion of the existing building footprint or square footage is allowed. Investment Highlights Rent Info: Potential Gross Rent: $1,180/month Potential NOI: $12,162 Showing property visits by appointment only. Call\ Text to schedule Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes. We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner. All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

FOR SALE DETAILS

PRICE

$89,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

13.67%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

0.53 acre Commercial Land | Lake City, FL

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

CG

APN/PARCEL ID

00-00-00-11229-000

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