233 E River Rd East Palatka, FL 32131
For Sale
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This exceptional 170-acre property in East Palatka, Florida, presents a unique investment opportunity. Boasting over 200 feet of river frontage, this cleared land is primed for development. The property is comprised of multiple parcels (31-09-27-0000-0013-0000, 31-09-27-0000-0011-0000, 31-09-27-0000-0014-0010, 31-09-27-0000-0013-0010, 31-09-27-0000-0014-0000, 31-09-27-0000-0016-0000, 31-09-27-0000-0017-0040, and 48-09-27-0000-0860-0000), offering flexibility for various commercial, agricultural, or mixed-use projects. Its strategic location in Putnam County, Florida, provides easy access to major transportation routes. The asking price is $6,495,000. This is a vacant land offering, and potential buyers are responsible for verifying all details, including acreage, zoning regulations, easements, and available utilities. This expansive property presents a rare chance to acquire a significant land holding with substantial river frontage, ideal for a wide range of development possibilities. Don't miss this opportunity to secure a prime piece of Florida real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.