Commercial Land with Office
6100 Crill Avenue Palatka, FL 32177
6100 Crill Avenue, Palatka, FL, 32177
$289,900
For Sale
$289,900
Nearly cleared parcel with 1,088 sq ft office building and mixed C-1 and corner R-2 zoning options.
Property Size1,088 SF
Price / SF$266.45
Days on Market30
Property Features for 6100 Crill Avenue
General Information
- Standard status
- Active
- Size
- 1,088 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1945
Listing agency
COLDWELL BANKER BEN BATES INC
(386) 385-4404
Listed by
CHRISTOPHER CHASE BARNES · License #3442369
(386) 385-4404
Source
Giffordproperties
Added: Jun 23 Updated: Jul 22 at 2:41AM Checked: Jul 22 at 2:41AM
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
Investment Insights
Based on property information with market context.
This nearly cleared commercial parcel totals 1.83 acres and includes a 1,088 sq ft building currently used as mixed-use office/residential. The property is described as comprising 1.65 acres zoned C-1 Commercial, plus a 0.18-acre corner zoned R-2 Residential, supporting flexibility for commercial, mixed-use, or future multifamily redevelopment.
The site is located along Crill Ave/State Road 20 on a high-traffic corridor with 17,900 AADT. It sits in unincorporated Putnam County and borders the City of Palatka on two sides, with the option for annexation for public utilities if desired. The property is served by well/septic and is described as being just minutes from the Hospital, State College, and the Highway 19 Retail Corridor.
The site is located along Crill Ave/State Road 20 on a high-traffic corridor with 17,900 AADT. It sits in unincorporated Putnam County and borders the City of Palatka on two sides, with the option for annexation for public utilities if desired. The property is served by well/septic and is described as being just minutes from the Hospital, State College, and the Highway 19 Retail Corridor.
Key Highlights
- 1.83‑acre site on Crill Ave/State Road 20 with 17,900 AADT traffic count
- Zoned C‑1 Commercial on 1.65 acres plus 0.18 acres corner zoned R‑2 Residential
- Includes a 1,088 sq ft building built in 1945, currently used as mixed‑use office/residential
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.9k | $21.96 |
| − Vacancy | −$5.0k | −$4.61 |
| EGI | $18.9k | $17.35 |
| − OpEx | −$4.7k | −$4.34 |
| NOI | $14.2k | $13.01 |
1,088 SF · lease $21.96/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$202.2K
$177.0K – $235.9K
NOI $14,156 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$283.3K
$247.9K – $330.6K
NOI $19,834 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
PREMIER POOLS & SPAS ...
General Contractor
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FAQs
What type of property is this?
Office units - Nearly cleared parcel with 1,088 sq ft office building and mixed C-1 and corner R-2 zoning options.
Where is this office units located?
The property is located at 6100 Crill Avenue Palatka, FL.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 1.83‑acre site on Crill Ave/State Road 20 with 17,900 AADT traffic count; Zoned C‑1 Commercial on 1.65 acres plus 0.18 acres corner zoned R‑2 Residential; Includes a 1,088 sq ft building built in 1945, currently used as mixed‑use office/residential
