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Property profile & analytics
OFF-MARKET
Commercial real estate

210 1St St Georgetown, FL 32139

Property ID
US18-4229734
Property summary
AI-generated overview

This exceptional 10,018.8 square foot commercial land parcel is located at 210 1st Street, Georgetown, Florida, 32139. Situated in Putnam County, this high and dry lot offers a unique opportunity for development. The property boasts a smooth, flat dirt road access and is ready for immediate construction. Putnam County currently has no impact fees, making this an even more attractive investment. A variety of building options are permitted, including custom homes, mobile homes, and smaller homes (minimum 700 square feet). RV and camping are also allowed, subject to certain restrictions. The property is part of Georgetown Cove at Paradise Lakes, a gated community offering residents access to a 10-acre waterfront recreational park directly on Lake George. This park features short-term campsites, permanent BBQ grills, a boat launch, a covered outdoor kitchen, a fire pit, a playground, and picnic benches. The eastern border of the community adjoins the Lake George Wildlife Management Area, providing ample opportunities for outdoor recreation, including camping, hiking, fishing, and wildlife viewing. This location offers a blend of country comfort and convenient access to amenities. The nearby town of Welaka is home to the upcoming Bass Pro Resort. Beaches are within an hour's drive, and several state and local parks are easily accessible. The St. Johns River, Dunns Creek, Crescent Lake, and the Ocala National Forest, with its numerous lakes, rivers, and springs, offer abundant recreational opportunities. Palatka is just 30 minutes away, while St. Augustine Beach and Daytona Beach International Airport are approximately an hour away. Utilities such as septic and well are required, and power poles are located nearby. This is an excellent opportunity to invest in Florida real estate.

Property profile
Verified
Property type Commercial real estate
UPID US18-4229734
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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