2525 17th E St Palmetto, FL 34221-6417
This exceptional 87,000 square foot industrial property, located at 2525 17th St E in Palmetto, Florida (34221), presents a significant investment opportunity. Currently vacant, this Class C building boasts a 28-foot ceiling height and 10 loading docks, making it ideal for a variety of uses. The property sits on a substantial 24-acre lot, zoned HM, and features a single building constructed in 1956. With its versatile flex, manufacturing, and refrigerated/cold storage capabilities, this property is well-suited for large-scale operations. The asking price is $20,000,000, translating to $229.89 per square foot. Its strategic location offers convenient access to US 301 and 17th Street, ensuring efficient transportation and logistics. The property's previous use as a tomato packing plant highlights its capacity for high-volume storage and handling, with potential to accommodate over 100 truckloads of produce. The significant cold storage space (over 52,000 square feet) makes it attractive to food distributors and similar businesses. The property's APN is 9952-0010-9. This is a rare opportunity to acquire a large-scale industrial property in a prime location with significant potential for future development and growth.
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Classie Produce Agricultural Supply Food Market
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
HM · Palmetto, FLPalmetto. Always verify with local authorities before improvements.
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.