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    1210 St Johns Ave Palatka, FL 32177

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    1210 St Johns Ave Palatka, FL 32177

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    • Schools
    • 5,710 SF
    • 0.69 lot acres
    For Sale
    $599,900
    View Listing →
    Turnkey Daycare Facility on Corner Lot For Sale
    $599,900
    7,742 SF

    Turnkey Daycare Facility on Corner Lot

    Daycare facility on 0.69-acre corner lot near downtown Palatka.

    1210 ST JOHNS Avenue, Palatka, FL 32177
    View Listing
    Property ID
    US18-2588478
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Schools

    Property Details for 1210 St Johns Ave

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.69 lot acres
    Property size
    5,710 SF
    Property type
    Schools
    APN
    42-10-27-6850-216.0-020.0
    APU
    421027685021600200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $800,000
      OFFICE BUILDING
      $785,000
      AUTO REPAIR, GARAGE
      $700,000
      INDUSTRIAL (GENERAL)
      $545,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palatka
    County
    Putnam
    State
    Florida
    Longitude
    -81.6418
    Latitude
    29.6484
    CBSA code
    37260
    CBSA name
    PALATKA, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,508
    $0.00
    $0.00
    $327,260
    -
    $60,110
    $267,150
    $327,260

    Comparable in this City

    • Value Estimation by Request
      23,215 SF

      7901 Saint Johns Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 23,215 SF
      7901 Saint Johns Ave, Palatka, FL 32177-1730
      View Details
    • Value Estimation
      $600,000
      11,937 SF

      927 State Rd 19

      COLLEGE, UNIVERSITY, VOC SCHOOL • 11,937 SF
      927 State Rd 19, Palatka, FL 32177-9397
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    • Value Estimation
      $1,245,000
      2,095 SF

      1206 Moseley Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 2,095 SF
      1206 Moseley Ave, Palatka, FL 32177-5618
      View Details
    • Value Estimation by Request
      2,211 SF

      425 Elmwood Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 2,211 SF
      425 Elmwood Ave, Palatka, FL 32177-4001
      View Details
    • Value Estimation
      $1,235,000
      4,338 SF

      3420 Saint Johns Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 4,338 SF
      3420 Saint Johns Ave, Palatka, FL 32177-4020
      View Details
    • Value Estimation by Request
      1,811 SF

      1100 Madison St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 1,811 SF
      1100 Madison St, Palatka, FL 32177-3349
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.12 Acres

      Land in Central Florida Growth Corridor

      Oversized lot in Putnam County, near Palatka. Low carrying costs.
      1964-2082 Washington St, Palatka, FL 32177
      View Details
    • $750,000
      3.56 Acres

      Palatka Commercial Land - $750K

      3.56 Acres, Hwy 17 Frontage, C-3 Zoning
      236 Highway 17, Palatka, FL 32177
      View Details
    • New
      $150,000
      0.24 Acres

      Waterfront Lot Near St. John's

      Canal-front lot with well, septic, electric, and river access.
      280 Harbor Dr, Palatka, FL 32177
      View Details
    • Contact for pricing
      4,389 SF

      Palatka, Florida Investment Opportunity

      Triple net lease property with investment-grade credit tenant.
      2405 Crill Ave, Palatka, FL 32177
      View Details
    • $599,900
      7,742 SF

      Turnkey Daycare Facility on Corner Lot

      Daycare facility on 0.69-acre corner lot near downtown Palatka.
      1210 St Johns Ave, Palatka, FL 32177
      View Details
    • $154,999
      3.91 Acres

      Palatka Corner Lot Investment Opportunity

      3.91-acre corner lot in a rapidly expanding area.
      550 W River Rd, Palatka, FL 32177
      View Details

    Similar Nearby for Lease

    • $1.72 SF/Yr
      3,942 SF

      Downtown Palatka Retail Opportunity

      Vanilla shell retail space in high-traffic downtown location.
      120 N 9Th St, Palatka, FL 32177
      View Details
    • $4,900 /Mo

      1024

      3600 sq ft Light Industrial Building
      1024 Fl-19 N, Palatka, FL 32177
      View Details
    • $800 /Mo

      Palatka - Auto Dealer Space

      Auto Dealer Space
      Palatka, FL 32177
      View Details
    • Contact for pricing

      Palatka Multi-Use Development Opportunity

      Prime corner location ideal for retail, medical, or professional office.
      State Road 19 S, Palatka, FL 32177
      View Details
    • $900 /Mo
      400 SF

      Palatka Office Space For Rent

      400 sq ft office space in Palatka, Florida.
      3624 Reid St, Palatka, FL 32177
      View Details
    View Listing
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    Palatka, FL 32177
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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