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Property profile & analytics
OFF-MARKET
Land

1025 Hwy Bardin, FL 32177

20 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20-acre parcel, located at 1025 Hwy 17 in Palatka, Florida (Putnam County, zip code 32177), presents a significant development opportunity. Currently zoned AG, this level, cleared land boasts approximately 200 feet of frontage on US 17, offering high visibility and accessibility. The property's versatility allows for a range of uses, including mixed-use development, a horse property, or a private estate. The strategic location between Green Cove Springs and Palatka positions it ideally for future growth in the residential sector, with potential for single or multi-family development. Note that this is Parcel 2, and it can be purchased independently or as part of a larger 60-acre assemblage (other parcels are separately listed). Buyers are responsible for conducting their own due diligence, including verifying existing surveys, assessing soil conditions, and undertaking any necessary Phase 1 environmental studies or wetland delineations. Any existing structures are considered to have no value. Rezoning or a Planned Unit Development (PUD) will likely be required for development. A current grazing lease is in place and will either convey with the sale or be terminated at the end of 2022. The asking price is $389,900, with potential commission reductions for offers below the list price. Access is easy via a drive-by viewing

Property profile
Verified
Property type Land
Lot 20 ac (871,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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