2401 Crill Ave Palatka, FL 32177-4269
Property profile & analytics
2401 Crill Ave Palatka, FL 32177-4269
- Turn key restaurants
- 4,374 SF
- 0.53 lot acres
Property ID
US18-5456680
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.
Location Intelligence
Current Use by Public Records
- Jho Jho’s Diner / Restaurant
- Lori's / Restaurant
Property Details for 2401 Crill Ave
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.53 lot acres
- Property size
- 4,374 SF
- Property type
- Turn key restaurants
- APN
- 12-10-26-6500-008.1-001.0
- APU
- 121026650000810010
Description
This exceptional investment opportunity presents a fully renovated, two-unit commercial building situated on a prominent 0.53-acre corner lot in Palatka, Florida. The property boasts 6,164 square feet, with over 4,144 square feet currently leased to a thriving cafe/restaurant operation under a long-term lease with nine years remaining. This provides immediate and substantial rental income of $4,000 per month. The building features a fully equipped commercial kitchen, perfect for food service businesses, and three ADA-compliant restrooms, ensuring accessibility for all patrons. Recent renovations include fresh paint, new flooring, a brand-new walk-in cooler, and a resurfaced parking lot, significantly enhancing the property's appeal and functionality. The C-2 zoning allows for a variety of commercial uses, providing flexibility for future tenants or potential expansion. Located on a busy thoroughfare, this property benefits from high visibility and significant foot traffic, guaranteeing consistent customer flow for the current tenants and future occupants. This turnkey operation offers a rare combination of strong rental income, a long-term lease, and a prime location, making it an ideal investment for discerning buyers seeking a stable and profitable venture. The property's recent upgrades minimize immediate capital expenditure needs, allowing for a smooth transition and immediate return on investment.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Palatka
- County
- Putnam
- State
- Florida
- Longitude
- -81.6541
- Latitude
- 29.6421
- 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
$7,316
$0.00
$0.00
$318,490
-
$46,170
$272,320
$318,490
