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Property profile & analytics
OFF-MARKET Estimated value $1,070,000
Manufacturing properties

2525 17th E St Palmetto, FL 34221-6417

133,024 SF 24 ac lot Built 1981
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US18-8095849
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group FOOD PACKING, PACKING PLANT
Year built 1981
Construction WOOD
Total area 133,024 SF
Lot 24 ac (1,045,440 SF)
Zoning code HM
APN 9952.0010-9
UPID US18-8095849
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Classie Produce Agricultural Supply Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.07M
Owner & transaction history
Falkner I LLC · 15 yrs held
Falkner I LLC
since 2010
2 recorded transactions
2010
Price N/A
2009
Price N/A
Zoning & alternative use
HM · Palmetto, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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