Price Reduced 28.59%
Price History
$4,900,000
10/12/2023
$3,500,000
11/21/2023
$3,499,000
3/11/2024
759 SW Upchurch AVENUE, Lake City, FL, 32024
CALLING ALL INVESTORS, CALLING ALL HOME BUILDERS THIS AMAZING OPPORTUNITY TO OWN, DEVELOP OR PARTNER WITH THIS PRIVATE LAND OWNER COULD BE JUST THE RIGHT OPPORTUNITY FOR YOU!! THIS 38.52 ACRE LARGE RESIDENTIAL PARCEL OF LAND CAN BE SUBDIVIDED INTO 76 HOMESITES AS PER COLUMBIA COUNTY PLANNING AND ZONING DEPARTMENT. THE PROPERTY IS ZONED RR-2 AND DOES ALLOW UP TO 76 LOTS WITH EACH LOT A MINIMUM OF 20000 SQFT JUST SHY OF A 1/2 ACRE. THE PROPERTY IS HIGH AND DRY AND THE LOT HAS BEEN CLEARED.. THERE ARE CURRENTLY SOME SMALL 3-4 YEAR OLD PINES ON THERE FOR TAX PURPOSES. BUT IT HAS BEEN CLEARED BY THE OWNER AND MAINTAINED. THIS PROPERTY IS LOCATED JUST WEST OF I-75 IT IS ON A PAVED ROAD, IT IS SURROUNDED BY MULTIPLE DEVELOPED SUBDIVISIONS WITH HOMES IN THE AREA PRICING OUT BETWEEN 400-600K THERE IS THE POTENTIAL TO CONNECT CITY WATER TO YOUR NEW SUBDIVISION IF THAT IS WHAT YOU DECIDE TO DO.. THIS AREA OF LAKE CITY HAS TONS OF POTENTIAL AND MOST OF THE NEW DEVELOPMENT IS HEADED IN THAT DIRECTION. THE OWNER HAS OFFER TO HOLD A MORTGAGE NOTE WITH ANYONE LOOKING TO FINANCE THE PROPERTY SO YES OWNER FINANCING IS AVAILABLE. HE IS ALSO WILLING TO PARTNER WITH A BUILDER OR INVESTOR TO DEVELOP THE SITE AND CREATE A NEW PRIVATE SUBDIVISION. THE PROPERTY IS ON A PAVED ROAD WITH OVER 1300 FEET OF ROAD FRONTAGE. DON'T LET THIS AMAZING INVESTMENT OPPORTUNITY PASS YOU BY.. CALL NOW!!!
Status:
Active
Type:
Lot / Acreage
Lot Size:
1300 x 1300
Acreage:
38.52
Est. Taxes:
$272
Current Use
Residential
Permitted Use
Residential
Utilities
Electrical Nearby, Water Nearby
Lot Description:
Buildable, Cleared
Days on Market:
174
MLS #:
OM666207
Community Info
School Info
Walk Score
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Listing courtesy of GAILEY ENTERPRISES REAL ESTATE Phone: 770-733-2596