621 St. Johns Ave Palatka, FL 32177
This exceptional 2,573 square foot commercial property is ideally situated in Palatka's vibrant downtown business district, directly on St. Johns Avenue. Benefit from high visibility, perfect for attracting customers, as this location is the main route for local parades and festivals. The building boasts a complete, brand-new build-out, including all new HVAC systems and ductwork, drywall, electrical, fixtures, two ADA-compliant bathrooms, plumbing, paint, flooring, recessed LED and wall sconce lighting, and Cat6E data cabling—all completed by licensed contractors and approved by Putnam County. Enjoy abundant natural light from high ceilings and transom windows, highlighted by a large front conference/display room with 17-foot ceilings. A dedicated AC unit serves the server room. Five private parking spaces are available in the rear, along with a private rear entrance. Conveniently located just blocks from the Putnam County Courthouse and the scenic St. Johns River. This turnkey office or retail space presents a remarkable investment opportunity. The property is offered at $499,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.