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    167 Us-17 East Palatka, FL 32131

    For Sale
    $1,350,000

    High-traffic corner lot, 490 sq ft retail space.

    Property size:
    490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail property, located at 167 S US 17 in East Palatka, Florida, presents a unique investment opportunity. The 490 square foot building sits on a substantial 2.45-acre lot, offering significant potential for expansion or redevelopment. Built in 1987, the property boasts a highly visible location on a main corridor with a traffic count of 31,000 AADT, ensuring excellent exposure for any business. Previously used as a gas station and convenience store, this property is zoned C-2, allowing for a variety of commercial uses. The asking price is $1,350,000, translating to $2,755.10 per square foot. The property's APN is 38-10-27-0000-0950-0000. Its strategic location near national and regional retailers makes it an ideal spot for a thriving business. The ample lot size and high visibility make this a truly remarkable opportunity in the vibrant East Palatka market. Don't miss this chance to acquire a prime retail property in a high-traffic area.

    Property Features for 167 Us-17

    General Information

    Property type
    Individual retail properties
    Square Feet
    490 SF
    Lot Size
    106,722 SF

    Building Details

    Year Built
    1987

    HighLights

    • Sale Price: $1,350,000
    • Price per Square Foot: $2,755.10
    • Lot Size: 2.45 Acres
    • Year Built: 1987
    • Building Size: 490 Square Feet
    • Zoning: C‑2
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    East Palatka
    County
    Putnam
    State
    Florida
    Longitude
    -81.60548884
    Latitude
    29.64400381

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic corner lot, 490 sq ft retail space.
    Where is this individual retail property located?
    The property is located at 167 Us-17 East Palatka, FL.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Sale Price: $1,350,000; Price per Square Foot: $2,755.10; Lot Size: 2.45 Acres
    Request Owner's contact information
    167 Us-17 East Palatka, FL 32131
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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
    167 Us-17 East Palatka, FL 32131
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