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    405 Pine St Palatka, FL 32177

    Sponsored
    For Sale
    $875,000

    Spacious warehouse, ideal for redevelopment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 13,896 square foot industrial property, situated on a generous 50,094 square foot lot in Palatka, Florida, presents a compelling investment opportunity. Built in 1955, this single-story warehouse boasts significant potential for a variety of commercial uses. Currently configured as a daycare/school, the property offers versatile space adaptable to diverse business needs. Key features include a large garage and warehouse area, perfectly suited for storage or manufacturing, complemented by a convenient loading dock for efficient logistics. The property's zoning designation is light industrial, opening doors to a wide range of possibilities. Located at 405 Pine Street, Palatka, FL 32177, this property offers easy access to major transportation routes. The asking price is $875,000. This well-maintained structure presents a rare chance to acquire a substantial industrial property in a thriving location, ripe for redevelopment or continued use in its current configuration. The expansive lot size provides ample room for expansion or future development. Don't miss this opportunity to secure a prime piece of Palatka's industrial real estate market.

    Property Features for 405 Pine St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1955
    Stories
    1

    HighLights

    • $875,000 asking price.
    • 13,896 square foot building on a 50,094 square foot lot.
    • Light industrial zoning.
    • 1955 construction, single‑story building.
    • Features warehouse space, large garage, and loading dock.
    • Currently used as a daycare/school.
    Property Profile Location Intelligence

    Current Use by Public Records

    God's Little Creations ... Day Care Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palatka
    County
    Putnam
    State
    Florida
    Longitude
    -81.6593491
    Latitude
    29.652668

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, ideal for redevelopment.
    Where is this distribution property located?
    The property is located at 405 Pine St Palatka, FL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: $875,000 asking price.; 13,896 square foot building on a 50,094 square foot lot.; Light industrial zoning.
    Request Owner's contact information
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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
    405 Pine St Palatka, FL 32177
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