Property profile

2409 President St Palatka, FL 32177

OFF-MARKET
Investment properties
Property ID
US18-2099294
1,427 SF 0.67 ac lot Built 1956
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1956
Total area 1,427 SF
Lot 0.67 ac (29,185 SF)
APN 12-10-26-0820-001.0-005.0
UPID US18-2099294

Cap rate & NOI

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

Location

2409 President St Palatka, FL 32177-5418
Palatka metro Census 950900 PALATKA, FL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$305k

Owner & transaction history

since 2025
2 recorded transactions
2025
$190,000
2025
$125,000

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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