2409 President St Palatka, FL 32177-5418
This 1956 concrete block office building presents a compelling investment opportunity in Palatka, Florida. Located at 2409 President Street, this property boasts a substantial 29,185.2 square foot lot, offering significant room for expansion or potential lot division. The C-2 zoning allows for a variety of commercial uses. Its strategic location near the Putnam County Government Complex ensures high visibility and accessibility. The building benefits from convenient access via three streets: President Street, Julia Street, and Prosper Street. City water and a septic system are in place. The asking price is $100,000. This property is situated within the county limits and presents a rare chance to establish or expand a business in a thriving area. The substantial lot size and multiple street access points offer considerable flexibility for future development. Don't miss this chance to acquire a well-positioned commercial property with significant upside potential.
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
Similar Nearby for Lease
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.