176 Hwy East Palatka, FL 32131
This exceptional 51,400.8 sq ft lot, located at 176 HIGHWAY 17 in East Palatka, Florida (zip code 32131), presents a remarkable opportunity for commercial development. Built in 2000, this mixed-use property is zoned for commercial, warehouse, industrial, office, and retail uses, offering unparalleled versatility. The property is already surveyed and fenced, significantly reducing development time and costs. Its strategic location on Highway 17 ensures high visibility and accessibility, with Florida Department of Transportation data indicating over 36,000 vehicles passing daily. This high traffic count translates to significant potential for business growth and exposure. The property's proximity to St. Augustine further enhances its appeal, benefiting from the area's rapid growth and strong economy. This turnkey property is ideal for entrepreneurs seeking a prime location to establish or expand their business, capitalizing on the thriving East Palatka market. The asking price is $575,000. Don't miss this chance to invest in a rapidly developing area with exceptional visibility and infrastructure.
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.