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216 6th St Palatka, FL 32177-4608

OFF-MARKET Office buildings Google Maps
3,607 SF 0.21 ac lot Built 1892
Individually Owned 3-yr Hold Free & Clear
Estimated value (blended)
$350k
Range $315k – $385k (±10%)
Property ID US18-4619837

Property summary

AI-generated overview

This exceptional 3,996 square foot office space is situated in a beautifully preserved 19th-century building in Palatka's South Historic District. The property boasts a single-tenant occupancy, ideal for a business seeking a unique and established presence. The building is a two-story structure situated on a 0.21-acre lot. The versatile space is suitable for a variety of uses, including traditional office, executive office, medical office, creative office, or even specialty services. Its central location offers easy access to the courthouse, churches, schools, and the scenic St. John River, ensuring high visibility and convenient access for clients and employees. Utilities are included in the monthly rent, making budgeting simple and predictable. A compelling incentive is available: sign a 12-month lease and receive one month of rent free. This remarkable opportunity is available immediately. The property's diverse zoning allows for a range of potential uses, including retail, industrial, and even agricultural applications, subject to local regulations. The building's historical charm combined with its modern conveniences makes it an unparalleled investment opportunity. Don't miss this chance to secure a prominent location in a thriving community.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1892
Construction WOOD
Total area 3,607 SF
Lot 0.21 ac (9,148 SF)
APN 42-10-27-6850-039.0-008.0
UPID US18-4619837

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2023
Last sale
$250,000
4 recorded transactions
2026
Price N/A
2023
$250,000
2023
$180,000
1997
$69,000

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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