6905 OLD WOLF BAY Road Palatka, FL 32177
COMMERCIAL - Palatka, FL
- Added:
- Nov 25, 2025
- Days on Market:
- 228
- Last Refresh:
- Jul 11 at 5:06 am
Property Features for 6905 OLD WOLF BAY Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 5, Bathroom 1, Bathroom 4
- Parking features
- Parking Lot
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 101026000003500030
- Size
- 6,420 SF
- Lot size
- 1.02 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 18250
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1997
- Floors in Building
- 1
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick
Listing agent MARC SPALDING License #0475517 (386) 328-6716
Listing office COLDWELL BANKER BEN BATES INC 3400 CRILL AVENUE SUITE 1, Palatka, FL (386) 328-6716
Listing date Nov 25, 2025
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Investment Insights
Based on property information with market context.
The property sits on 1.02± acres with 150 feet of road frontage, positioned just southwest of HCA Florida Putnam Hospital in a well-established medical district. Zoning is C-1A (Commercial, Neighborhood District), and the building is served by public water and sewer. On-site improvements include commercial-grade carpet and vinyl flooring and a wet fire sprinkler system.
For healthcare and other C-1A compatible professionals, the existing configuration supports a range of medical and office functions, with dedicated clinical rooms and multiple patient-support areas already in place. The combination of imaging-ready rooms, functional circulation, and on-site utilities makes the building well-suited for an owner-operator or a buyer looking to continue medical use in close proximity to an active hospital campus.
Key Highlights
- Prime medical office space in a premier location near HCA Florida Putnam Hospital.
- 6,420 sq ft building with specialized rooms: MRI, CT scan, X‑ray, bone density, and mammography rooms.
- Zoned C‑1A, allowing retail, medical, and professional office uses.
Local Financial Insights For Healthcare Medical
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 | $161.8k | $25.20 |
| − Vacancy | −$17.0k | −$2.65 |
| EGI | $144.8k | $22.55 |
| − OpEx | −$57.9k | −$9.02 |
| NOI | $86.9k | $13.53 |