3510 Reid St Palatka, FL 32177-2519
This exceptional investment opportunity presents a concrete block commercial building totaling 1,680 square feet, ideally situated on a 0.19-acre lot in Palatka, Florida. The property boasts a prime location on heavily trafficked Reid Street (State Road 100), a four-lane road, offering approximately 123 feet of frontage. A distinct advantage is the presence of separate entrance and exit points, ensuring smooth traffic flow. The building features two convenient bay doors, perfect for various commercial uses. Its zoning classification is C-2, providing flexibility for a range of businesses. The strategic location near the intersection of State Road 100 and State Road 19 guarantees high visibility and accessibility. This property is an excellent investment prospect for entrepreneurs seeking a well-positioned commercial space with significant street frontage in a bustling area. Note that any existing business operations are not included in the sale. The building itself presents a solid foundation for a variety of commercial ventures, capitalizing on its high-traffic location and convenient access. This is a rare opportunity to acquire a well-situated commercial property in a growing area.
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TRINI’S PITSTOP LLC Auto Repair Shop
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
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.