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    1321 St. Johns Ave Palatka, FL 32177

    Sponsored
    For Sale
    $390,000

    Established Business, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering presents a unique opportunity to acquire a well-established retail business, complete with its building and land, in the thriving city of Palatka, Florida. The property, located at 1321 ST. JOHNS Avenue, boasts a substantial 9,583.2 square foot lot and a single-story building constructed in 1957. The business, known as Bennett Glass, has enjoyed a long and successful history, operating since the early 1970s under the same family ownership. This turnkey operation offers immediate income potential and the benefit of a strong local reputation. Financial records will be made available under a confidentiality agreement. The sale includes two parcels, identified as 42-10-27-6850-2530-0051 and 42-10-27-6850-2530-0050, with taxes reflecting both. The asking price for the complete package—business, building, and land—is $390,000. Alternatively, the building and land can be purchased separately for $234,900, providing flexibility for interested buyers. This is a rare chance to own a piece of Palatka's commercial landscape with significant upside potential. The property's prime location and established business provide a solid foundation for continued success and growth. Serious inquiries are encouraged.

    Property Features for 1321 St. Johns Ave

    General Information

    Property type
    Land

    Building Details

    Year Built
    1957
    Stories
    1
    Units
    1

    HighLights

    • $390,000 asking price for a retail business and property.
    • 1957‑built, single‑story building on a 9,583.2 sq ft lot in Palatka, FL.
    • Includes established retail business, Bennett Glass, operating since the 1970s.
    • Building and land also available separately for $234,900.
    • Property consists of two parcels: 42‑10‑27‑6850‑2530‑0051 and 42‑10‑27‑6850‑2530‑0050.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palatka
    County
    PUTNAM
    State
    Florida
    Longitude
    -81.6433423
    Latitude
    29.6481803

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    FAQs

    What type of property is this?
    Land - Established Business, Prime Location, High Potential
    Where is this land located?
    The property is located at 1321 St. Johns Ave Palatka, FL.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: $390,000 asking price for a retail business and property.; 1957-built, single-story building on a 9,583.2 sq ft lot in Palatka, FL.; Includes established retail business, Bennett Glass, operating since the 1970s.
    Request Owner's contact information
    1321 St. Johns Ave 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
    1321 St. Johns Ave Palatka, FL 32177
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