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    OFF-MARKET
    Land

    East Palatka, FL 32131

    13.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 13.77-acre property in East Palatka, Florida, presents a unique investment opportunity. Located in Putnam County, with the APN 39-10-27-6900-0121-0010, this commercially and residentially zoned (AG) land boasts significant river frontage and direct access to FL-17, offering unparalleled visibility and accessibility. The asking price is $549,000, translating to approximately $69,644 per acre. The property's prime location makes it ideal for a variety of commercial ventures, including, but not limited to, a dry stack marina, restaurant, or convention center. Its substantial size and strategic positioning along the St. Johns River and a major highway provide exceptional potential for development and significant return on investment. The property is owned by Priester. This is a rare opportunity to acquire a large parcel of land with exceptional river access and highway frontage in a rapidly growing area. The property's zoning allows for diverse development options, catering to a wide range of commercial and residential uses. Serious inquiries are encouraged. The zip code is 32131.

    Property profile
    Verified
    Property type Land
    Lot 13.77 ac (599,821 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
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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