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    Reid St Palatka, FL 32177

    For Sale
    $199,000

    Prime .75-acre lot, high traffic, C-2 zoning.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional .75-acre commercial lot presents a remarkable opportunity for entrepreneurs seeking high visibility and convenient access. Situated on Reid Street in Palatka, Florida, this property boasts approximately 110 feet of frontage along a heavily trafficked four-lane highway, ensuring maximum exposure for your business. The strategic location between Napa Auto Parts and Haven Hospice Attic Retail Store guarantees high foot and vehicle traffic, providing a ready-made customer base. Access is available from both Reid Street and Palm Avenue, offering flexibility and convenience for customers and deliveries. The property is zoned C-2, opening doors to a wide range of commercial uses. This is an ideal location to establish a thriving business, benefiting from the high traffic volume and excellent visibility. The expansive .75-acre lot provides ample space for construction and development, allowing for significant customization to meet your specific business needs. Don't miss this chance to secure a prime commercial property in a bustling location. Act quickly, as opportunities like this are rare.

    Property Features for Reid St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    32,670 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palatka
    County
    Putnam
    State
    Florida
    Longitude
    -81.62825
    Latitude
    29.64697

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    FAQs

    What type of property is this?
    Commercial real estate - Prime .75-acre lot, high traffic, C-2 zoning.
    Where is this commercial real estate located?
    The property is located at Reid St Palatka, FL.
    What is the asking price?
    The asking price for this property is $199,000.
    (386) 328-6716
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    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
    Reid St Palatka, FL 32177
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