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    3510 Reid St Palatka, FL 32177

    For Sale
    $199,900

    High-traffic location, 1680 sq ft, two bay doors.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional investment opportunity presents a concrete block commercial building totaling 1,680 square feet, ideally situated on a 0.19-acre lot in Palatka, Florida. The property boasts a prime location on heavily trafficked Reid Street (State Road 100), a four-lane road, offering approximately 123 feet of frontage. A distinct advantage is the presence of separate entrance and exit points, ensuring smooth traffic flow. The building features two convenient bay doors, perfect for various commercial uses. Its zoning classification is C-2, providing flexibility for a range of businesses. The strategic location near the intersection of State Road 100 and State Road 19 guarantees high visibility and accessibility. This property is an excellent investment prospect for entrepreneurs seeking a well-positioned commercial space with significant street frontage in a bustling area. Note that any existing business operations are not included in the sale. The building itself presents a solid foundation for a variety of commercial ventures, capitalizing on its high-traffic location and convenient access. This is a rare opportunity to acquire a well-situated commercial property in a growing area.

    Property Features for 3510 Reid St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1967
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TRINI’S PITSTOP LLC Tire Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Palatka
    County
    Putnam
    State
    Florida
    Longitude
    -81.66527
    Latitude
    29.65755

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 1680 sq ft, two bay doors.
    Where is this commercial real estate located?
    The property is located at 3510 Reid St Palatka, FL.
    What is the asking price?
    The asking price for this property is $199,900.
    (386) 328-6716
    Request Owner's contact information
    3510 Reid St 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
    3510 Reid St Palatka, FL 32177
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