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Property profile & analytics
FOR SALE
Warehouses

409 Palmetto Ave Green Cove Springs, FL 32043

2,199 SF 0.15 ac lot Built 2021
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US18-4372254
Property summary
AI-generated overview

This exceptional 2,160 square foot single-tenant building at 409 N Palmetto Ave, Green Cove Springs, Florida, presents a compelling investment or lease opportunity. Situated on a 0.15-acre lot, this property offers a flexible layout ideal for a variety of uses, including office, industrial, medical, or retail operations. The building's classification as flex, manufacturing, and creative office space underscores its adaptability to diverse business needs. Its single-tenant occupancy provides streamlined management and potential for long-term stability. The property is strategically located within the dynamic Clay County market, offering excellent access to transportation routes and a thriving business community. This presents a rare chance to acquire a well-positioned asset in a high-demand area, perfectly suited for owner-users seeking to establish or expand their operations, or investors looking for a strong return. The building's size and versatile nature make it an attractive option for businesses seeking efficient and adaptable workspace. Don't miss this chance to secure a prime location in a rapidly growing area. This property is ready for immediate occupancy and poised for success. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2021
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,199 SF
Lot 0.15 ac (6,432 SF)
Zoning code GCN
APN 38-06-26-017639-001-00
UPID US18-4372254
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
by Request
Owner & transaction history
Trendspot V LLC
Trendspot V LLC
since 2025
Last sale
$35,000
7 recorded transactions
2025
Price N/A
2021
Price N/A
2020
$35,000
2018
$22,000
2016
Price N/A
2006
$35,000
2006
Price N/A
Zoning & alternative use
GCN · Green Cove Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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