1025 Hwy Bardin, FL 32177
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
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
Similar Nearby for Lease
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.