Technical
Financial
Distress signals
Property profile

600 Reid St Palatka, FL 32177

FOR SALE
Retail space
Property ID
US18-3397166
2,955 SF 0.21 ac lot Built 1985
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,400 square foot commercial property in Palatka, Florida, presents a unique opportunity for a variety of businesses. The building, constructed with an insulated steel frame and metal exterior, sits on a 0.21-acre lot at the highly visible corner of Reid and 6th Street. The layout seamlessly blends retail and warehouse space, offering maximum functionality. The front section features a retail area, a dedicated office, and a bathroom, providing a comfortable and professional environment for customer interaction and administrative tasks. The expansive warehouse area, accessible via a roll-up door, offers significant storage or operational space. Ceiling heights range from 10 to 13 feet, and the floors are durable concrete, ideal for heavy equipment or storage needs. Ample parking is available on-site, ensuring convenient access for both customers and employees. This prime location guarantees high visibility and easy accessibility, making it an ideal choice for businesses seeking a versatile and strategically positioned space. The property's robust construction and flexible design make it suitable for a wide range of commercial uses. This is a rare opportunity to acquire a well-maintained and strategically located commercial property in a growing area. The asking price is $574,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction STEEL FRAME
Total area 2,955 SF
Lot 0.21 ac (9,148 SF)
APN 42-10-27-6850-036.0-006.1
UPID US18-3397166

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice

Location

600 Reid St Palatka, FL 32177
Palatka metro Census 950800 PALATKA, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2026
Last sale
$420,000
6 recorded transactions
2026
$420,000
2023
Price N/A
2023
Price N/A
2020
$125,000
2011
$123,000
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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