190 Comfort Rd 1 Palatka, FL 32177-8636
This exceptional commercial property presents a rare opportunity to acquire a substantial industrial warehouse situated on approximately 4.57 acres of land in Palatka, Florida. The property boasts a strategic location, offering convenient access to US Highway 17 and the St. Johns River's west bank within Putnam County's industrial zone. Constructed in 1977, the building encompasses over 45,004 square feet of space, providing ample room for various industrial operations. The layout includes a generous 2,000 square feet of office space, well-suited for administrative functions, and over 1,500 square feet of loading docks, ensuring efficient handling of goods. The warehouse features robust construction, including 16-foot-high walls and steel truss-framed roofs, built to withstand the demands of heavy industrial use. The property's zoning as Heavy Industrial, coupled with its proximity to railway lines on the northern boundary, makes it ideally suited for businesses requiring significant space, heavy-duty infrastructure, and convenient transportation links. This location is strategically positioned within a region experiencing positive demographic growth and economic development, presenting a compelling investment opportunity for discerning buyers. The asking price for this exceptional property is $2,875,500.
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Metalizing Technical Services, LLC Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.