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3650 NW Devane St - I-75 Gateway Land Opportunity 6.19 Acres of Commercial Land Offered at $2,500,000 in Lake City, FL 32055
Investment Highlights
- ±6.19 acres available for sale or ground lease
- Owner willing to subdivide
- Existing stormwater infrastructure in place
- Commercial Highway Interchange (CHI) zoning
- Water, sewer, and gas available adjacent to the site
- Minutes from I-75, U.S. Highway 90, medical facilities, retail, and lodging
Executive Summary
Positioned at the signalized gateway to one of Lake City's primary commercial corridors, this ±6.19-acre development site offers investors, developers, and owner-users a rare opportunity to acquire a highly visible commercial tract with flexible zoning, utility availability, and the ability to subdivide into smaller parcels. The property features frontage on both NW Hall of Fame Drive and NW Devane Street, providing excellent accessibility, visibility, and multiple points of ingress/egress.
Located in the heart of Lake City's growing commercial district, the site is surrounded by established medical, hospitality, retail, and service-oriented businesses. The property's Commercial Highway Interchange (CHI) zoning supports a broad range of commercial uses, making it well-suited for self-storage, RV/boat storage, flex warehouses, automotive, retail, medical office, hospitality, and service-oriented development. Hotels and motels are permitted uses under the zoning district, while RV and boat storage facilities may be permitted through a special exception process.
The site benefits from existing utility infrastructure immediately adjacent to the property, including water, sewer, and gas service along both road frontages, reducing development costs and accelerating timelines.
Ownership is willing to divide the property, creating an attractive opportunity for users requiring smaller footprints or developers seeking phased development. A conceptual subdivision plan illustrates the ability to create three separate commercial lots of approximately 1.6 acres, 1.7 acres, and 2.8 acres while maintaining access and shared infrastructure.
With strong demographics, exceptional visibility, flexible commercial zoning, and a strategic location near Interstate 75 and U.S. Highway 90, this property offers a compelling opportunity for businesses and investors seeking a presence in one of North Florida's fastest-growing regional trade markets.
Located in the heart of Lake City's growing commercial district, the site is surrounded by established medical, hospitality, retail, and service-oriented businesses. The property's Commercial Highway Interchange (CHI) zoning supports a broad range of commercial uses, making it well-suited for self-storage, RV/boat storage, flex warehouses, automotive, retail, medical office, hospitality, and service-oriented development. Hotels and motels are permitted uses under the zoning district, while RV and boat storage facilities may be permitted through a special exception process.
The site benefits from existing utility infrastructure immediately adjacent to the property, including water, sewer, and gas service along both road frontages, reducing development costs and accelerating timelines.
Ownership is willing to divide the property, creating an attractive opportunity for users requiring smaller footprints or developers seeking phased development. A conceptual subdivision plan illustrates the ability to create three separate commercial lots of approximately 1.6 acres, 1.7 acres, and 2.8 acres while maintaining access and shared infrastructure.
With strong demographics, exceptional visibility, flexible commercial zoning, and a strategic location near Interstate 75 and U.S. Highway 90, this property offers a compelling opportunity for businesses and investors seeking a presence in one of North Florida's fastest-growing regional trade markets.
Property Facts
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 6.19 AC |
| Price Per AC | $403,877.22 |
| Price | $2,500,000 |
| Price Per AC | $403,877.22 |
| Lot Size | 6.19 AC |
6.19 acres, rectangular shaped, level, cleared, master stormwater pond in-place Dimensions are approximately 570' x 490'
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 34-3S-16-02484-051 | Improvements Assessment | $0 |
| Land Assessment | $309,500 | Total Assessment | $309,500 |
Property Taxes
Parcel Number
34-3S-16-02484-051
Land Assessment
$309,500
Improvements Assessment
$0
Total Assessment
$309,500
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