Development Site For Sale SW SR 47, Lake City, FL

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1 Development Site For Sale SW SR 47, Lake City, FL Presented by: Scott Stewart Sale Price: $2,500,000 Zoning: Commercial Intensive Building Size: 2,353 SF Lot Size: Acres FOR MORE INFORMATION CONTACT: Scott Stewart SW Commerce Dr. Suite #130 Lake City, FL 32025

2 Development Site Subject Property Subject Property Scott Stewart

3 Development Site Summary Great opportunity in a growing area of Lake City, FL. The subject property features approximately acres located at a traffic light corner on State Road 47 just North of the I-75/SR 47 Interchange. Building is approximately 2,353 square feet. Plenty of storage room available. Entire parcel zoned Commercial Intensive and suitable for a variety of business types. Excellent future development opportunity for retail, hotel, restaurant or combination. Water is available. Owners are Real Estate Agents. The current ownership is offering this property for sale at an attractive price of $2,500,000. Aerial View SR 47 Looking South SR 47 Looking North Scott Stewart scott@sdstewart.com

4 Development Site Area Information Lake City, Florida is located in North Florida and serves as one of the main gateways in and out of the State of Florida. Lake City is strategically located near the intersection of Interstates 10 and 75 and makes the area easily accessible to all of the southeastern United States. The Lake City area has been recognized as one of the eight best places to do business in the southeastern United States. The area is home to New Millennium Building Systems, Hunter Panels, LLC and TIMCO located at the Lake City airport which boasts an 8,000 foot runway. The area is noted for its natural tourist attractions like the Ichetucknee River, Suwannee River, Santa Fe River and a large U.S. Forest. The community has enjoyed good growth over the past two decades and is set for continued growth for years to come. And of course, you cannot say enough good things about the enviable climate in North Central Florida! Nearby Metropolitan City Location Gainesville 45 Jacksonville 60 Tallahassee 104 Distance in Miles Scott Stewart scott@sdstewart.com

5 Development Site Lake City Demographics Hwy mile radius Hwy mile radius Hwy mile radius Population 2010 Estimated Population 2015 Projected Population 2000 Census Population 1990 Census Population Growth Growth Estimated Median Age 2010 Estimated Average Age 163, , , , % 8.55% ,099,202 1,184, , , % 7.79% ,736,544 2,964,758 2,290,299 1,872, % 8.34% Households 2010 Estimated Households 2015 Projected Households 2000 Census Households 1990 Census Households Growth Growth Est. Average Household Size 59,100 64,499 48,624 36, % 9.14% , , , , % 8.38% ,064,946 1,159, , , % 8.85% 2.48 Income 2010 Median Household Income 2015 Prj. Median Household Income 2000 Cen. Median Household Income 1990 Cen. Median Household Income 2010 Est. Avg. Household Income 2010 Est. Per Capita Income $39,394 $42,357 $31,432 $22,122 $50,172 $18,537 $44,041 $47,423 $34,993 $25,096 $57,370 $21,971 $46,230 $49,835 $36,580 $25,478 $61,922 $24,447 Housing 2010 Est. Housing Units 2010 Est. Occupied Units 2010 Est. Vacant Units 2010 Est. Owner Occupied Units 2010 Est. Renter Occupied Units 2010 Est. Median Housing Value 2010 Est. Average Housing Value 64,889 59,100 5,800 44,066 15,034 $105,305 $136, , ,304 47, , ,992 $126,964 $152,953 1,208,079 1,064, , , ,833 $136,635 $178,572 Scott Stewart scott@sdstewart.com

6 Cristie Guthrie ROCKFORD REALTY GROUP INC HWY 47 List Price: Mls#: Area: Frontage: Deed Restriction: YES Depth: Allotments: No Acreage: Flood Zone: No Homestead: No Ag. Exemption: No Zoning: CI Community Ty: LtFaces: Southwest Location: Corner Utilities: Electric, Telephone, Other-See Remarks Road: Paved Pres/Use: Vacant Fin Terms: Cash/Finance, Owner Finance Char Area: Developing, Highway/Frontage, Fast Growing, O Usage: Commercial Improvmnt: Sidewalk, Other-See Remarks, Cleared River Nm: 2,500,000 2-Sw. Us 90 - W. Us 441 Columbia Just North of I-75 at the corner of Hwy 47 and CR-242 at the entrance of Ring Power. Commercial Lot Active City: Lake City Cnty: Columbia Zip: Sp Conditions: Broker Owned Sp/Assessmnt: No Association: No Lot Size: Acres Deed Restrict: No Price per Acre: 190, Water: City/Available Sewer: None Frontage: Highway LandType: Other-See Remarks Closing: Possession At Closing Subdiv: Out/Bldgs: Entire parcel zoned CI. Great Location. Stop light corner just off I-75. Excellent future development opportunity for retail, hotel, restaurant or combination. Water is available. Owners are Real Estate Agents. Owner: Westfield Inv. Group Show: Go, call L/A for more info Legal: acres in 19-4S-17E, LLILO Phone: Tax Id: 19-4S List Agent: Charlie Sparks Ph: Agency: Exclusive Right of Sale List Office: ROCKFORD REALTY GROUP INC Ph: CoLister: Scott Stewart Ph: Variable Listing Agreement: No Sub Agent Fee: 0 Buyer Broker: 3.5 Transactional Broker: 3.5 Non Representative Broker: 3.5 This information is deemed reliable but is not guaranteed 6/9/2014 9:47:31 AM

7 Columbia County Property Appraiser updated: 8/10/2016 Parcel: 19 4S << Next Lower Parcel Next Higher Parcel >> 2015 Tax Year Tax Collector Tax Estimator Property Card Parcel List Generator Interactive GIS Map Print Owner & Property Info Search Result: 1 of 1 Owner's Name Mailing Address WESTFIELD GROUP LLLP 426 SW COMMERCE DR STE 130 LAKE CITY, FL Site Address 3475 SW STATE ROAD 47 Use Desc. (code) IMPROVED A (005000) Tax District 2 (County) Neighborhood Land Area ACRES Market Area 06 Description NOTE: This description is not to be used as the Legal Description for this parcel in any legal transaction. COMM NE COR OF SE1/4 OF SW1/4, RUN S FT, W FT TO NE R/W OF RELOCATION OF CR 242 AS SHOWN IN DOT R/W MAPS, RUN NW'RLY & NE'RLY ALONG NE R/W THE FOLLOWING COURSES: N 30 DG W FT, N 59 DG E 9.84 FT TO PT ON ARC OF A CURVE, NW'RLY ALONG CURVE FT, N 54 DG W FT TO A PT IN CURVE, N'RLY ALONG CURVE FT TO THE PROPOSED E'RLY R/W SR 47 & TO THE END OF SAID COURSES; RUN...more>>> Property & Assessment Values 2015 Certified Values Mkt Land Value cnt: (1) $138, Ag Land Value cnt: (2) $2, Building Value cnt: (1) $55, XFOB Value cnt: (5) $5, Total Appraised Value $202, Just Value $725, Class Value $202, Assessed Value $202, Exempt Value $0.00 Total Taxable Value Cnty: $202,051 Other: $202,051 Schl: $202,051 Sales History 2016 Working Values (...Hide Values) Mkt Land Value cnt: (1) $138, Ag Land Value cnt: (2) $2, Building Value cnt: (1) $57, XFOB Value cnt: (5) $5, Total Appraised Value $203, Just Value $726, Class Value $203, Assessed Value $203, Exempt Value $0.00 Total Taxable Value Cnty: $203,778 Other: $203,778 Schl: $203,778 NOTE: 2016 Working Values are NOT certified values and therefore are subject to change before being finalized for ad valorem assessment purposes. Show Similar Sales within 1/2 mile Sale Date OR Book/Page OR Code Vacant / Improved Qualified Sale Sale RCode Sale Price 10/1/ /2908 WD I Q $870, Building Characteristics Bldg Item Bldg Desc Year Blt Ext. Walls Heated S.F. Actual S.F. Bldg Value 1 SINGLE FAM (000100) 1958 COMMON BRK (19) $57, Note: All S.F. calculations are based on exterior building dimensions. Extra Features & Out Buildings Code Desc Year Blt Value Units Dims Condition (% Good) 0180 FPLC 1STRY 0 $1, x 0 x 0 AP (010.00) 0296 SHED METAL 0 $1, x 14 x 0 (000.00) 0031 BARN,MT AE 0 $1, x 0 x 0 AP (050.00) 0260 PAVEMENT A 2003 $ x 0 x 0 AP (050.00) 0166 CONC,PAVMT 2003 $ x 0 x 0 AP (050.00) Land Breakdown Lnd Code Desc Units Adjustments Eff Rate Lnd Value SFR (MKT) 1 AC 1.00/1.00/0.50/1.00 $26, $26,265.00

8 VACANT COM (MKT) 2.14 AC 1.00/1.00/1.00/1.00 $52, $112, PASTURE 3 (AG) 10 AC 1.00/1.00/1.00/1.00 $ $2, MKT.VAL.AG (MKT) 10 AC 1.00/1.00/1.00/1.00 $0.00 $525, Columbia County Property Appraiser updated: 8/10/ of 1 DISCLAIMER This information was derived from data which was compiled by the Columbia County Property Appraiser Office solely for the governmental purpose of property assessment. This information should not be relied upon by anyone as a determination of the ownership of property or market value. No warranties, expressed or implied, are provided for the accuracy of the data herein, it's use, or it's interpretation. Although it is periodically updated, this information may not reflect the data currently on file in the Property Appraiser's office. The assessed values are NOT certified values and therefore are subject to change before being finalized for ad valorem assessment purposes.

9 Columbia County Property Appraiser J. Doyle Crews Lake City, Florida PARCEL: 19 4S IMPROVED A (005000) COMM NE COR OF SE1/4 OF SW1/4, RUN S FT, W FT TO NE R/W OF RELOCATION OF CR 242 AS SHOWN IN DOT R/W MAPS, RUN NW'RLY & NE'RLY ALONG NE R Name: WESTFIELD GROUP LLLP Site: 3475 SW STATE ROAD SW COMMERCE DR STE 130 Mail: LAKE CITY, FL Sales Info 10/1/2003 $870, I / Q 2015 Certified Values Land $138, Bldg $55, Assd $202, Exmpt $0.00 Taxbl Cnty: $202,051 Other: $202,051 Schl: $202,051 NOTES: This information,updated: 8/10/2016, was derived from data which was compiled by the Columbia County Property Appraiser Office solely for the governmental purpose of property assessment. This information should not be relied upon by anyone as a determination of the ownership of property or market value. No warranties, expressed or implied, are provided for the accuracy of the data herein, it's use, or it's interpretation. Although it is periodically updated, this information may not reflect the data currently on file in the Property Appraiser's office. The assessed values are NOT certified values and therefore are subject to change before being finalized for ad valorem assessment purposes.

10 Columbia County Tax Collector Tax Record generated on 8/17/ :20:58 AM EDT Last Update: 8/17/ :20:55 AM EDT Ad Valorem Taxes and Non Ad Valorem Assessments The information contained herein does not constitute a title search and should not be relied on as such. Account Number Tax Type Tax Year R REAL ESTATE 2015 Mailing Address WESTFIELD GROUP LLLP C/O CHARLES SPARKS GENERAL PARTNER 426 SW COMMERCE DR STE 130 LAKE CITY FL Property Address 3475 STATE ROAD 47 SW GEO Number 194S Exempt Amount See Below Taxable Value See Below Exemption Detail Millage Code Escrow Code NO EXEMPTIONS 002 Legal Description (click for full description) 19 4S / Acres COMM NE COR OF SE1/4 OF SW1/4, RUN S FT, W FT TO NE R/W OF RELOCATION OF CR 242 AS SHOWN IN DOT R/W MAPS, RUN NW'RLY & NE'RLY ALONG NE R/W THE FOLLOWING COURSES: N 30 DG W FT, N 59 DG E 9.84 FT TO PT ON ARC See Tax Roll For Extra Legal Taxing Authority Ad Valorem Taxes Rate Assessed Exemption Value Amount Taxable Value Taxes Levied BOARD OF COUNTY COMMISSIONERS ,051 0 $202,051 $1, COLUMBIA COUNTY SCHOOL BOARD DISCRETIONARY ,051 0 $202,051 $ LOCAL ,051 0 $202,051 $ CAPITAL OUTLAY ,051 0 $202,051 $ SUWANNEE RIVER WATER MGT DIST ,051 0 $202,051 $82.92 LAKE SHORE HOSPITAL AUTHORITY ,051 0 $202,051 $ Total Millage Total Taxes $3, Non Ad Valorem Assessments Code Levying Authority Amount FFIR FIRE ASSESSMENTS $ GGAR SOLID WASTE ANNUAL $ Total Assessments $ Taxes & Assessments $3, If Paid By Amount Due

11 $0.00 Date Paid Transaction Receipt Item Amount Paid 11/5/2015 PAYMENT $3, Prior Years Payment History NO DELINQUENT TAXES Prior Year Taxes Due

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