Financial
Distress signals
Property profile

600 Reid St Palatka, FL 32177

FOR SALE
Retail space
Property ID
US18-3397166
2,955 SF 0.21 ac lot Built 1985
Last sale Feb 2026 · $420,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,400 square foot commercial property in Palatka, Florida, presents a unique opportunity for a variety of businesses. The building, constructed with an insulated steel frame and metal exterior, sits on a 0.21-acre lot at the highly visible corner of Reid and 6th Street. The layout seamlessly blends retail and warehouse space, offering maximum functionality. The front section features a retail area, a dedicated office, and a bathroom, providing a comfortable and professional…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$117k
Effective rate2.43%

Value estimate

· Sep 2026
$165k
$149k – $182k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$7k
Operating expenses−$23k
NOI · 8.58% cap applied$39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$140/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$73 – $234

Cap rate analysis

How does the asset earn?
8.58%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPUTNAM

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.7
HVAC Service10.6
Electrical Service10.1

Location

600 Reid St Palatka, FL 32177
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
801 Saint Johns, Palatka, FL 32177-4647 $103,000 May 2025 1,946 SF
2600 Reid, Palatka, FL 32177-2808 $4,006,000 Sep 2024 3,615 SF
720 Saint Johns, Palatka, FL 32177-4646 $120,000 Jun 2024 2,625 SF
623 Reid, Palatka, FL 32177-3643 $580,000 Apr 2024 2,481 SF
111 4th, Palatka, FL 32177-3727 $330,000 Mar 2024 3,569 SF
806 Saint Johns, Palatka, FL 32177-4648 $80,000 Feb 2023 3,316 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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