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$125,000 Just Listed
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Property Description
This is your chance to own a beautiful piece of North Florida land with paved roads on two sides, it's the perfect balance of open space, privacy, and convenience. This cleared 5 acre corner parcel located outside of a flood zone, and offers endless potential for a custom site built home, manufactured home, mini farm, gardens, animals, recreational use, or simply a peaceful escape from the congestion of the city. Surrounded by quiet country scenery while still remaining close to everyday essentials, the property is located within 3 miles of highly rated schools, approximately 5 miles to the new Publix shopping plaza and Tractor Supply, 9 miles to Lake City, and just minutes from I 75 for an easy commute. No HOA restrictions and plenty of room to bring your vision to life whether you are looking to build now, invest for the future, or create your own private homestead. Come check out this property today! Buyer responsible for accuracy of all measurements,legal,zoning and land use.
Full Property Details
Full Property Details for 974 SW Sherlock Terrace
General
- Price: $125,000
- Taxes: $627 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: S5149820
- Updated: 5/15/2026
- Added to Site: 2 day(s) ago
Location
- Area: 32024 - Lake City
- County: Columbia
- Development Name: 32024 - Lake City
- Subdivision: CATES ROAD SUB
- Driving Directions: Directions take Highway 41 S. to Highway 47 SW. stay on Highway 47 for 8 miles until you hit Cates Road take a left. It’s 2 miles up the road on the left-hand side on the corner of Cates Road and Sherlock Terrace.
Community
- Community Name: 32024 - Lake City
Utilities
- Sewer: None
- Water: None
- Utility Description: Electrical Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 5.01
- Lot Size (Sq. Ft.): 218,236
- Lot Size: 5.01
- Lot Dimensions: 620 x 350
- Street/Road Desc.: Gravel
Financial Considerations
- Price Per Acre: $24,950
- Tax Amount: $627.6
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 1 CATES ROAD S/D. WD 1024-191, QC 1211-85
- Flood Zone Info: X
- APN: 145S1603621201
- Property ID: 145S1603621201
- Block/Lot/Section: 3004
Listed by La Rosa Realty Llc
Get Pre-Approved Today
Schools
Schools serving 974 SW Sherlock Terrace
School District:Columbia County School District
| Name | Grades | Distance |
|---|---|---|
Columbia City Elementary School 7438 Sw State Road 47, Lake City, FL 32024 | PK-5 | 1.8 mi |
Fort White High School 17828 Sw State Road 47, Fort White, FL 32038 | 6-12 | 8.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 974 SW Sherlock Terrace
Date
Details
Price
Change
Source
5/15/2026
Listed
$125,000
-10.71%
MLS
8/05/2004
Sold
$140,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 974 SW Sherlock Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$597
—
$55,000
10%
2024
$597
13%
$50,000
18%
2023
$530
10%
$42,500
13%
2022
$480
-1%
$37,500
25%
2021
$483
—
$30,000
11%
2019
$482
-1%
$27,000
—
2018
$488
-1%
$27,000
—
2017
$491
—
$27,000
—
2016
$489
-17%
$27,000
-17%
2015
$590
3%
$32,500
3%
2014
$574
2%
$31,500
2%
2013
$565
—
$30,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 974 SW Sherlock Terrace
974 SW Sherlock Terrace, Lake City, FL 32024 (MLS# S5149820) is a Lots/Land property with a lot size of 5.01 acres. 974 SW Sherlock Terrace is currently listed for $125,000 and was received on May 15, 2026. Want to learn more about 974 SW Sherlock Terrace? Do you have questions about finding other Lots/Land real estate for sale in Lake City? You can browse all Lake City real estate or contact a Coldwell Banker agent to request more information.

