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    OFF-MARKET
    Land

    0 State Road 20, Palatka, FL 32177

    343.54 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 343.54-acre tract in Putnam County, Florida, presents a unique investment opportunity. Priced at $2,748,320 ($8,000/acre), it boasts 91% merchantable planted pine plantations. Conveniently located just three miles west of Palatka, the property enjoys approximately ¾ mile of frontage on State Road 20, placing it in a rapidly growing area. Proximity to major amenities like Walmart, HCA Hospital, and Publix enhances its appeal. The mostly upland terrain offers diverse development potential, including single and multi-family housing or even a solar farm, given its proximity to 230 KV SECI power lines. Adjacent to the Rice Creek Conservation Area, a conservation easement is also a possibility. The property's AG2 zoning provides flexibility for future uses. Parcel numbers are 13-10-25-0000-0010-0000 and 18-10-26-0000-0060-0020. This prime location and versatile land make it an attractive investment for both recreational and commercial pursuits. Don't miss this chance to own a piece of Florida's burgeoning landscape.

    Property profile
    Verified
    Property type Land
    Lot 343.54 ac (14,964,602 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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