Financial
Distress signals
Property profile

481 Highway 17 N Palatka, FL 32177

FOR SALE
Other industrial properties
Property ID
US18-3296593
11,701 SF 9.29 ac lot Built 1966
Last sale Aug 2023
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a 9.29-acre industrial parcel improved with a 13,000+ square foot concrete block building and 3-phase electrical service. The site includes two quonset huts measuring 40 ft by 60 ft and 30+ storage containers in addition to the main building, providing on-site storage and staging capacity. The parcel has approximately 925 ft of frontage along US Highway 17 and is situated within a C-2 Commercial zoning designation, with a stated future land use of IL (Light Industrial).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$352k
Effective rate1.63%

Value estimate

· Sep 2026
$505k
$455k – $556k
NOI build-up
Gross scheduled income$285k
Vacancy & credit loss−$28k
Operating expenses−$77k
NOI · 18.15% cap applied$180k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
18.15%
$180k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPUTNAM

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.2
Smoke and Vape Shop8.1
Plumbing Service7.6

Location

481 Highway 17 N Palatka, FL 32177
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1601 Madison, Palatka, FL 32177 $660,000 Nov 2023 16,000 SF
560 Stokes Lndg, Palatka, FL 32177-8485 $10,000,000 Jun 2022 8,475 SF
701 Moody Rd, Palatka, FL 32177-2437 $4,540,000 Aug 2021 9,684 SF
104 Jax, Palatka, FL 32177-8002 $524,999 Jul 2021 16,534 SF
204 3rd, Palatka, FL 32177-4711 $50,000 Jul 2021 9,694 SF
600 College, Palatka, FL 32177-3845 $425,000 May 2021 24,048 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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