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

Development Site For Sale SW SR 47, Lake City, FL Presented by: Scott Stewart 386-867-3498 scott@sdstewart.com Sale Price: $2,500,000 Zoning: Commercial Intensive Building Size: 2,353 SF Lot Size: 13.14 Acres FOR MORE INFORMATION CONTACT: Scott Stewart 386-867-3498 386-487-1486 scott@sdstewart.com 426 SW Commerce Dr. Suite #130 Lake City, FL 32025

Development Site Subject Property Subject Property Scott Stewart 386-867-3498 scott@sdstewart.com

Development Site Summary Great opportunity in a growing area of Lake City, FL. The subject property features approximately 13.14 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 386-867-3498 scott@sdstewart.com

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 386-867-3498 scott@sdstewart.com

Development Site Lake City Demographics I-75 @ Hwy 90 30 mile radius I-75 @ Hwy 90 60 mile radius I-75 @ Hwy 90 90 mile radius Population 2010 Estimated Population 2015 Projected Population 2000 Census Population 1990 Census Population Growth 2000-2010 Growth 2010-2015 2010 Estimated Median Age 2010 Estimated Average Age 163,376 177,352 136,014 105,318 20.12% 8.55% 37.26 38.74 1,099,202 1,184,865 935,303 784,674 17.52% 7.79% 35.17 37.01 2,736,544 2,964,758 2,290,299 1,872,459 19.48% 8.34% 37.34 38.36 Households 2010 Estimated Households 2015 Projected Households 2000 Census Households 1990 Census Households Growth 2000-2010 Growth 2010-2015 2010 Est. Average Household Size 59,100 64,499 48,624 36,865 21.55% 9.14% 2.54 415,304 450,101 349,140 285,911 18.95% 8.38% 2.53 1,064,946 1,159,224 880,779 703,534 20.91% 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 $136,078 462,530 415,304 47,227 284,312 130,992 $126,964 $152,953 1,208,079 1,064,946 143,133 736,113 328,833 $136,635 $178,572 Scott Stewart 386-867-3498 scott@sdstewart.com

Cristie Guthrie ROCKFORD REALTY GROUP INC 386-755-0808 HWY 47 List Price: Mls#: Area: 86125 Frontage: Deed Restriction: YES Depth: Allotments: No Acreage: 13.14 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: 32025 Sp Conditions: Broker Owned Sp/Assessmnt: No Association: No Lot Size: 13.14 Acres Deed Restrict: No Price per Acre: 190,258.75 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: 13.14 acres in 19-4S-17E, LLILO Phone: Tax Id: 19-4S-17-08563-000 List Agent: Charlie Sparks Ph: 386-755-0808 Agency: Exclusive Right of Sale List Office: ROCKFORD REALTY GROUP INC Ph: 386-755-0808 CoLister: Scott Stewart Ph: 386-867-3498 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

Columbia County Property Appraiser updated: 8/10/2016 Parcel: 19 4S 17 08563 000 << 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 32025 Site Address 3475 SW STATE ROAD 47 Use Desc. (code) IMPROVED A (005000) Tax District 2 (County) Neighborhood 19417 Land Area 13.140 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 953.98 FT, W 468.50 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 51.19 FT, N 59 DG E 9.84 FT TO PT ON ARC OF A CURVE, NW'RLY ALONG CURVE 181.22 FT, N 54 DG W 97.13 FT TO A PT IN CURVE, N'RLY ALONG CURVE 39.68 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) $138,679.00 Ag Land Value cnt: (2) $2,250.00 Building Value cnt: (1) $55,327.00 XFOB Value cnt: (5) $5,795.00 Total Appraised Value $202,051.00 Just Value $725,101.00 Class Value $202,051.00 Assessed Value $202,051.00 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) $138,679.00 Ag Land Value cnt: (2) $2,300.00 Building Value cnt: (1) $57,004.00 XFOB Value cnt: (5) $5,795.00 Total Appraised Value $203,778.00 Just Value $726,778.00 Class Value $203,778.00 Assessed Value $203,778.00 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 10/1/2003 996/2908 WD I Q $870,000.00 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) 2353 2797 $57,004.00 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 $1,800.00 0000001.000 0 x 0 x 0 AP (010.00) 0296 SHED METAL 0 $1,345.00 0000001.000 24 x 14 x 0 (000.00) 0031 BARN,MT AE 0 $1,500.00 0000001.000 0 x 0 x 0 AP (050.00) 0260 PAVEMENT A 2003 $750.00 0000001.000 0 x 0 x 0 AP (050.00) 0166 CONC,PAVMT 2003 $400.00 0000001.000 0 x 0 x 0 AP (050.00) Land Breakdown Lnd Code Desc Units Adjustments Eff Rate Lnd Value 000100 SFR (MKT) 1 AC 1.00/1.00/0.50/1.00 $26,265.00 $26,265.00

001000 VACANT COM (MKT) 2.14 AC 1.00/1.00/1.00/1.00 $52,530.00 $112,414.00 006200 PASTURE 3 (AG) 10 AC 1.00/1.00/1.00/1.00 $230.00 $2,300.00 009910 MKT.VAL.AG (MKT) 10 AC 1.00/1.00/1.00/1.00 $0.00 $525,300.00 Columbia County Property Appraiser updated: 8/10/2016 1 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.

Columbia County Property Appraiser J. Doyle Crews Lake City, Florida 32055 386 758 1083 PARCEL: 19 4S 17 08563 000 IMPROVED A (005000) COMM NE COR OF SE1/4 OF SW1/4, RUN S 953.98 FT, W 468.50 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 47 426 SW COMMERCE DR STE 130 Mail: LAKE CITY, FL 32025 Sales Info 10/1/2003 $870,000.00 I / Q 2015 Certified Values Land $138,679.00 Bldg $55,327.00 Assd $202,051.00 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.

Columbia County Tax Collector Tax Record generated on 8/17/2016 11:20:58 AM EDT Last Update: 8/17/2016 11:20:55 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 R08563 000 REAL ESTATE 2015 Mailing Address WESTFIELD GROUP LLLP C/O CHARLES SPARKS GENERAL PARTNER 426 SW COMMERCE DR STE 130 LAKE CITY FL 32025 Property Address 3475 STATE ROAD 47 SW GEO Number 194S17 08563 000 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 17 5000/5000 13.14 Acres COMM NE COR OF SE1/4 OF SW1/4, RUN S 953.98 FT, W 468.50 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 51.19 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 8.0150 202,051 0 $202,051 $1,619.44 COLUMBIA COUNTY SCHOOL BOARD DISCRETIONARY 0.7480 202,051 0 $202,051 $151.13 LOCAL 4.8510 202,051 0 $202,051 $980.15 CAPITAL OUTLAY 1.5000 202,051 0 $202,051 $303.08 SUWANNEE RIVER WATER MGT DIST 0.4104 202,051 0 $202,051 $82.92 LAKE SHORE HOSPITAL AUTHORITY 0.9620 202,051 0 $202,051 $194.37 Total Millage 16.4864 Total Taxes $3,331.09 Non Ad Valorem Assessments Code Levying Authority Amount FFIR FIRE ASSESSMENTS $331.59 GGAR SOLID WASTE ANNUAL $193.00 Total Assessments $524.59 Taxes & Assessments $3,855.68 If Paid By Amount Due

$0.00 Date Paid Transaction Receipt Item Amount Paid 11/5/2015 PAYMENT 2300059.0001 2015 $3,701.45 Prior Years Payment History NO DELINQUENT TAXES Prior Year Taxes Due