$2,900,000
$2,950,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with NON MLS
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