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Palatka Commercial Property For Sale

6120 CRILL Avenue Palatka, FL 32177

6120 CRILL Avenue, Palatka, FL, 32177
$449,000
For Sale
Claim this Listing
$449,000

COMMERCIAL - Palatka, FL

Property Size1,339 SF
Lot Size1.83 Acres
Price / SF$335.32
AddedNov 1, 2021
Days on Market1719
Last RefreshJul 16 at 10:06 am

Property Features for 6120 CRILL Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
101026000000800000
Size
1,339 SF
Lot size
1.83 Acres

Utilities

Sewer type
Septic Tank
Heating system
Central
Water source
Well

Building Details

Year built
1960
Building materials
Concrete
Roof type
Metal

Listing agent MARC SPALDING License #0475517

Listing office COLDWELL BANKER BEN BATES INC 3400 CRILL AVENUE SUITE 1, Palatka, FL

Listing date Nov 1, 2021

MLS# 1139187 Listing URL

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property is located in Palatka, Florida, and offers high visibility on a heavily traveled 4-lane highway. The property is currently used as a hair salon. It also includes a 3-bedroom, 1-bathroom concrete block home located next door. The property has multiple curb cuts and is situated near the hospital. An apartment complex is proposed across the highway. The property size is 1339 square feet, situated on a 1.83-acre lot.

Key Highlights

  • High visibility location on a heavily traveled 4‑lane highway.
  • Includes a 3BR/1BA concrete block home at 6126 Crill Ave.
  • Multiple curb cuts for easy access.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.4k $15.96
− Vacancy −$2.1k −$1.56
EGI $19.3k $14.40
− OpEx −$5.8k −$4.32
NOI $13.5k $10.08
1,339 SF · lease $15.96/SF/yr · vacancy 9.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$192.8K
$168.7K – $224.9K (±1% cap)
NOI $13,493 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$144.1K
$126.1K – $168.1K (±1% cap)
NOI $10,087 @ 7.0% cap · market cap 2.25%
Theoretical Best
Office A
$348.7K
$305.1K – $406.8K (±1% cap)
NOI $24,410 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Golden Scissors Hairstyling Hair Salon

Suggested Use

Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Storage Facility HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Commercial property with high visibility and residential income potential.
Where is this retail space located?
The property is located at 6120 CRILL Avenue Palatka, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: High visibility location on a heavily traveled 4‑lane highway.; Includes a 3BR/1BA concrete block home at 6126 Crill Ave.; Multiple curb cuts for easy access.
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More about this property
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