Retail Mall
New
For Sale
Contact for pricing
430 N STATE ROAD 19, Palatka, FL 32177
This commercial suite is located within The Shoppes at Palatka Mall.
Property Size644 SF
Price / SF$2.27
Days on Market6
Property Features for 430 N STATE ROAD 19
General Information
Standard status
Active
Size
644 SF
Property subtype
Retail
Building Details
Year Built
2004
Listing Agency:
COLDWELL BANKER BEN BATES INC
(386) 328-6716
Listed By:
STEPHANIE HAWKINS HUSKEY · License #3563197
(386) 937-3809
Source:
Endlesssummerrealty
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:24PM
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 COLDWELL BANKER BEN BATES INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 644-square-foot retail suite is part of The Shoppes at Palatka Mall, at 430 N State Road 19 in Palatka. The building dates to 2004.
Key Highlights
- 644‑square‑foot retail unit
- Located within The Shoppes at Palatka Mall
- At 430 N State Road 19, Palatka, FL 32177
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,490
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,800
$129.8K
Cap Rate 7%
$92,714
$92.7K
Cap Rate 9%
$72,111
$72.1K
Market Conditions
NOI Build-Up for 644 SF
Gross rent
$10.3K $15.96/SF
− Vacancy
−$1.0K −$1.56/SF
EGI
$9.3K $14.40/SF
− OpEx
−$2.8K −$4.32/SF
NOI
$6.5K $10.08/SF
Area
Putnam County, FL
Vacancy
9.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,800
Cap Rate 7%
$92,714
Cap Rate 9%
$72,111
Alternative Uses
Best Use
Retail
$92.7K
$81.1K – $108.2K
NOI $6,490 @ 7.0% cap · market cap 444.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$167.7K
$146.8K – $195.7K
NOI $11,740 @ 7.0% cap · market cap 804.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Capital City Bank
Shops & Services
2,570 visits/mo
0.3 miles
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
Frequently Asked Questions
What type of property is this?
Retail space - This commercial suite is located within The Shoppes at Palatka Mall.
Where is this retail space located?
The property is located at 430 N STATE ROAD 19 Palatka, FL.
What are key features of this property?
This property features: 644‑square‑foot retail unit; Located within The Shoppes at Palatka Mall; At 430 N State Road 19, Palatka, FL 32177
