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105 Power Line Rd East Palatka, FL 32131

OFF-MARKET Warehouses Google Maps
Built 1999
Estimated value
No estimation on file for this property yet.
Property ID US18-4438376

Property summary

AI-generated overview

This exceptional East Palatka, Florida property presents a unique investment opportunity, combining industrial and residential components on a substantial 2.77-acre lot. The property boasts a large metal warehouse totaling over 13,000 square feet, featuring 6,394 square feet of enclosed space and 6,731 square feet of covered open area. A 1,855-square-foot, three-bedroom, two-bathroom concrete block home complements the warehouse, complete with a screened-in inground pool and a two-car garage. The property is strategically located at the intersection of State Road 207 and Cracker Swamp Road, offering excellent visibility and accessibility, approximately 20 minutes from I-95. Currently zoned AG, the land is poised for future commercial zoning, aligning with the area's growth trajectory and proximity to recently approved developments. The expansive lot provides significant frontage on three roads: approximately 548 feet on State Road 207, 379 feet on Cracker Swamp Road, and 578 feet on Power Line Road. The property is fully fenced and benefits from readily available public utilities. Built in 1999, this property offers a blend of industrial space and comfortable living quarters, making it an ideal investment for a variety of uses. The substantial lot size of 120,661.2 square feet provides ample room for expansion or future development. This is a rare opportunity to acquire a versatile property in a rapidly developing area. The asking price is $1,250,000.

Property profile

Verified
Property type Warehouses
Year built 1999
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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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