164 Hwy East Palatka, FL 32131
Eastgate Square Plaza, located at 164 Hwy 17 in East Palatka, Florida (32131), presents a unique investment opportunity. This 57,000 square foot plaza offers a variety of single-tenant spaces ideal for creative office uses, retail, or restaurants. Currently, several units are available, ranging in size from 900 square feet to 6900 square feet. One notable space, Unit 15 (6900 sq ft), was previously occupied by a gym. Unit 25 (3084 sq ft), an outparcel, was formerly a bank. Other available units include Unit 16 (900 sq ft), Unit 19 (1800 sq ft), and Unit 24 (3600 sq ft). The plaza boasts a strong tenant mix, including national and regional businesses, and enjoys a highly visible location adjacent to a McDonald's. Under new ownership, Eastgate Square Plaza is undergoing significant improvements, including a new parking lot, updated exterior lighting, and a fresh coat of paint. This revitalization presents a chance to secure space in a thriving commercial center undergoing a complete transformation within Putnam County. The property's strategic location and ongoing upgrades make it an attractive prospect for businesses seeking a modern and well-maintained space in a dynamic East Palatka setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.