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0 State Road 20 Palatka, FL 32177

OFF-MARKET Land Google Maps
343.54 ac lot
Estimated value
No estimation on file for this property yet.
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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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