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    2804 Reid St Palatka, FL 32177

    For Sale
    $299,000

    Former Church, Huge Potential, C2 Zoning

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 2804 Reid Street in Palatka, Florida, presents a unique investment opportunity. Previously used as a church, this substantial building offers 2696 square feet of versatile space, ideal for a wide range of commercial ventures. The property sits on a 0.16-acre lot, providing ample room for expansion or outdoor activities related to your business. The C2 zoning designation opens doors to numerous possibilities, allowing for a diverse array of commercial uses. Imagine transforming this spacious building into your dream business location. The existing structure provides a solid foundation for your new venture, minimizing initial construction costs and allowing you to focus on establishing your business. The building's history adds character and charm, while its size and zoning flexibility offer unparalleled potential for growth and success. This is a rare chance to acquire a significant commercial property in a desirable location at an attractive price point of $299,000. Don't miss this opportunity to secure your future in Palatka's thriving commercial market. The property's substantial square footage and flexible zoning make it an ideal investment for entrepreneurs seeking a prime location to establish and grow their business. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 2804 Reid St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1958
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Palatka Full Gospel ... Church St. John The Divine Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Palatka
    County
    Putnam
    State
    Florida
    Longitude
    -81.65977
    Latitude
    29.65653

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    FAQs

    What type of property is this?
    Commercial real estate - Former Church, Huge Potential, C2 Zoning
    Where is this commercial real estate located?
    The property is located at 2804 Reid St Palatka, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    (386) 325-1440
    Request Owner's contact information
    2804 Reid St Palatka, FL 32177
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    Palatka, FL 32177
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2804 Reid St Palatka, FL 32177
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