2421 Crill Ave Palatka, FL 32177-4269
- Retail space
- 3,696 SF
- 0.31 lot acres
Current Use by Public Records
- Retail space
Property Details for 2421 Crill Ave
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.31 lot acres
- Property size
- 3,696 SF
- Property type
- Retail space
- APN
- 12-10-26-6500-008.1-009.0
- APU
- 121026650000810090
Description
This exceptional investment opportunity presents a 6,060 square foot shopping center situated on a 0.31-acre lot in Palatka, Florida. Located at 2421 Crill Ave, this property boasts a highly visible location on heavily traveled Crill Avenue/Highway 20, ensuring significant foot and vehicle traffic. The center comprises two buildings, offering convenient access from both Crill Avenue/Highway 20 and President Street. Currently, the center features four units, three of which are leased, generating a gross monthly rent of $2,750. One unit is currently vacant, presenting an immediate opportunity to increase rental income. Ample parking is available in front of the buildings. This property offers significant potential for growth and return on investment. The asking price is $365,000. Note that an adjacent portion of the strip center is also available for purchase separately. This property is zoned for commercial use and is located in Putnam County, Florida, zip code 32177. The coordinates are 29.6419363 latitude and -81.6552291 longitude.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palatka
- County
- Putnam
- State
- Florida
- Longitude
- -81.6554
- Latitude
- 29.6418
- CBSA code
- 37260
- CBSA name
- PALATKA, FL MICROPOLITAN STATISTICAL AREA
