0 Palm Ave Palatka, FL 32177
This exceptional 1.4-acre commercial property, located at 0 N Palm Avenue in Palatka, Florida, presents a unique investment opportunity. Boasting a generous 60,984 square foot lot size, the land is zoned C-2, offering a wide range of potential uses. Its strategic location provides convenient access from both North Palm Avenue and Peters Street, ensuring high visibility and accessibility for any business. The property is situated in Putnam County, Florida, with a zip code of 32177, and benefits from the availability of city water, simplifying development and operational costs. The asking price for this versatile mixed-use land is $149,900. Given its size, zoning, and convenient location, this property is ideal for a variety of commercial ventures, making it an attractive prospect for both developers and investors seeking a foothold in the thriving Palatka market. The property's substantial lot size allows for ample space for construction, expansion, or the development of multiple commercial units. Its strategic location and access to city water further enhance its appeal and potential for significant return on investment. This is a rare opportunity to acquire a sizable commercial parcel in a desirable location.
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.