PALATKA PROMENADE Shopping
For Sale
Contact for pricing
400 N STATE ROAD 19 PALATKA FL, Palatka, FL 32177
209,278 RSF shopping plaza with value-add opportunity.
Property Size209,278 SF
Lot Size27.46 Acres
Price / SF$50.73
Days on Market324
Property Features for 400 N STATE ROAD 19 PALATKA FL
General Information
Standard status
Active
Size
209,278 SF
Lot size
27.46 Acres
Property subtype
Retail
Occupancy
69%
Net Operating Income
$849,377
Building Details
Year Built
1981
Stories
1
Units
20
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Orlando
(407) 557-3847
Listed By:
Ray Turchi · License #FL BK3015549
Source:
Crexi
Added: Sep 23, 2025
Changed: Aug 9
Last Checked: Aug 9 at 11:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
PALATKA PROMENADE, a 209,278 RSF shopping plaza, is situated on 27.46 acres at 400 N STATE ROAD 19 in Palatka, FL. The property presents a value-add opportunity with 71% occupancy. It is surrounded by major retailers, including Walmart, Publix, and Home Depot. The location benefits from high daily traffic of 21,500 vehicles on N State Road 19. The area's projected demographics for 2029 indicate a growing population and increasing income levels. The plaza features over 95% credit tenant occupancy and has benefited from $3MM in recent improvements. The First Coast Expressway and the new St. Johns River Bridge construction will enhance connectivity, potentially bringing Palatka within commuting distance of Orange Park and South Jacksonville.
Key Highlights
- Value‑add opportunity with 209,278 RSF shopping plaza on 27.46 acres.
- 71% occupancy with over 95% credit tenant occupancy**.
- Located near major retailers (Walmart, Publix, Home Depot) with high daily traffic (21,500 vehicles).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32177, FL
25,380
Population
11,549
Households
2.2
Avg Household Size
42
Median Age
13%
College-Educated
86%
High-School Grad
226.8 sq mi
ZIP Area
112
Density / Sq Mi
$47,486
Median Household Income
$35,451
Median Earnings
$940
Median Rent
$158,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Putnam County Centre — Palatka, FL 32177
- Route 19 Plaza — Palatka, FL 32177
- Town&Country Shopping Center — Town and Country Shopping Center, Palatka, FL 32177
- Palatka Mall — 400 FL-19, Palatka, FL 32177
Frequently Asked Questions
What type of property is this?
Shopping center - 209,278 RSF shopping plaza with value-add opportunity.
Where is this shopping center located?
The property is located at 400 N STATE ROAD 19 PALATKA FL Palatka, FL.
What is the asking price?
The asking price for this property is $10,617,212.
What are key features of this property?
This property features: Value‑add opportunity with **209,278 RSF shopping plaza on 27.46 acres**.; 71% occupancy with over 95% credit tenant occupancy**.; Located near major retailers (Walmart, Publix, Home Depot) with high daily traffic (21,500 vehicles).
