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    OFF-MARKET
    Commercial real estate

    105 Power Line Rd, East Palatka, FL 32131

    13,125 SF 2.77 ac lot
    Property ID
    US18-4438376
    Property summary
    AI-generated overview

    This exceptional 2.77-acre commercial property in East Palatka, Florida, presents a unique investment opportunity. Strategically located at the busy intersection of State Road 207 and Cracker Swamp Road, approximately 20 minutes from I-95, this property boasts high visibility and accessibility. Currently zoned AG, the future land use plan allows for commercial zoning, unlocking significant development potential. The property is fully fenced and offers extensive road frontage: approximately 548 feet on State Road 207, 379 feet on Cracker Swamp Road, and 578 feet on Power Line Road. A substantial metal warehouse, exceeding 13,000 square feet, is included. This comprises 6,394 square feet of enclosed space and 6,731 square feet of covered open area. Adding to its versatility, the property also features a 1,855-square-foot, three-bedroom, two-bathroom concrete block home, complete with a screened-in inground pool and a two-car garage. Public utilities are readily available. The property's proximity to two recently approved Putnam County developments further enhances its value and future prospects. This is a rare chance to acquire a large, versatile property in a rapidly developing area. The asking price is $1,250,000.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 13,125 SF
    Lot 2.77 ac (120,661 SF)
    UPID US18-4438376
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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