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    481 Highway 17 Palatka, FL 32177

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    For Sale
    $1,090,000

    9.29 acre retail/industrial property with highway frontage.

    Lot size:
    9.29 Acres

    Property Features for 481 Highway 17

    General Information

    Lot size
    9.29 Acres

    Building Details

    Year built
    1966

    Source: IHEART REALTY INC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Retail/Industrial Opportunity

    This 9.29-acre parcel, zoned IL (Light Industrial), is currently used as commercial retail space under a Special Use Permit. The property features approximately 925 feet of frontage on US Highway 17, which has an annual average daily traffic count of 13,800 vehicles per day. The property includes a concrete block building with over 13,000 square feet and equipped with 3-Phase Power. Additionally, there are two 2,400 square foot (40ft x 60ft) warehouse buildings and 20 storage containers available for additional storage. The location is between Jacksonville, Gainesville, St Augustine, Palm Coast, and Ocala, Florida. Seller financing is available with 25% cash down, amortized over 30 years at 5.5% APR with a 5-year balloon.
    Insight Report Location Intelligence

    Current Use by Public Records

    Johnny's Mobile Home ... Mobile Home Supply Store Putnam Mobile Home ... Mobile Home Supply Store

    Suggested Use

    Restaurant Building Supply Wholesale Shop Storage Facility Garden Center Bar & Pub Plumbing Service

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

    Similar Places Nearby

    Palatka Storage, American Mini Storage

    Location Insight

    • Map
    • Local Demand
    City
    Palatka
    County
    Putnam
    State
    Florida
    Longitude
    -81.664072
    Latitude
    29.705642

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    FAQs

    What type of property is this?
    Warehouse - 9.29 acre retail/industrial property with highway frontage.
    Where is this warehouse located?
    The property is located at 481 Highway 17 Palatka, FL.
    What is the asking price?
    The asking price for this property is $1,090,000.
    What are key features of this property?
    This property features: - 9.29 Acre parcel zoned IL (Light Industrial) with existing Special Use Permit for Commercial Retail.; - **Over 925ft of highway frontage on US Highway 17 with high traffic count (13,800 AADT).**; - **Large 13,000+ square foot concrete block building with 3-Phase Power.**
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    481 Highway 17
    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
    481 Highway 17 Palatka, FL 32177
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