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Property profile & analytics
OFF-MARKET Estimated value $3,810,000
Banks

350 State Rd 19 Palatka, FL 32177-2446

9,512 SF 2.04 ac lot Built 1989
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-1825976
Property summary
AI-generated overview

This exceptional 3,560-square-foot office building is ideally situated on a high-traffic six-lane highway in Palatka, Florida's prime business district. The attractive brick building sits on a 1.05-acre lot (APN: 021026000013200010) and offers a single-tenant occupancy. The space boasts a welcoming foyer/lobby with two bathrooms, a dedicated receptionist area, two private offices, and five cubicle workspaces, providing ample room for a variety of business needs. A large conference room is perfect for meetings and presentations, complemented by a full kitchen equipped with a refrigerator, stove, microwave, and dishwasher. Additional features include a convenient breakroom, storage room, and supply room, along with a service window connecting the kitchen and conference room. Accessibility is ensured with a handicap-accessible ramp at the front entrance. This property is offered as a NNN lease, and prospective tenants must operate a business compatible with neighboring establishments. The building's location and amenities make it an excellent choice for a professional office or meeting facility.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,512 SF
Lot 2.04 ac (88,862 SF)
APN 02-10-26-0000-132.0-000.0
UPID US18-1825976
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.81M
Owner & transaction history
Sbkpkfl001 LLC · 1 yrs held
Sbkpkfl001 LLC
since 2025
Last sale
$3.8M
6 recorded transactions
2025
$3.8M
2025
Price N/A
2012
$1.8M
2007
$155,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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