Palatka, FL 32177,380 HWY 17
Palatka, FL 32177,380 HWY 17
Palatka, FL 32177,380 HWY 17
Palatka, FL 32177,380 HWY 17
Palatka, FL 32177,380 HWY 17
Palatka, FL 32177,380 HWY 17
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$2,900,000

$2,950,000

1.7%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 04/15/2024

Key Details

Sold Price $2,900,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1223176

Sold Date 04/15/24

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Property Description

This commercial opportunity includes 20.54 acres of Heavy Industrial zoned unimproved land that runs adjacent to a CSX owned parcel with railway access and an option for spur access. This parcel has over 2,289 feet of frontage on the four lane U.S. Highway 17 and 2 DOT Auxiliary turn lanes already in place spanning the front of this property, making ingress and egress convenient and allowing for multiple entrances. According to DOT, the approximate annual average daily traffic count is 13,500. This property is located within an industrial district in Palatka, a city in Putnam County, FL with a 1 hour commute to Jacksonville or Gainesville and 45 minutes to Orange Park. Commercial Industrial neighbors in the immediate vicinity include Georgia Pacific, First Coast Recycling, Beard Equipment Company and numerous others. Property also includes a land lease with Outfront Media for 4 single-sided Billboards for additional annual income on a month to month lease.

Location

State FL

County Putnam

Area 561-Greater Palatka

Direction FL-207 S Turn right onto Hwy 17 N Destination will be on the right

Exterior

Utilities Available Other

Waterfront No

Private Pool No

Building

Lot Description Wooded

Others

Tax ID 370926000000600090

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by GREAT EXPECTATIONS REALTY
Bought with NON MLS
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