481 N Highway 17 - Industrial FOR SALE


Palatka, FL 32177
$1,090,000 USD
386-328-6716
481 N Highway 17, Palatka, FL for Sale
$1,090,000 USD
Industrial - FOR SALE
1/31
null | Request Cap Rate

481 N Highway 17
Palatka, FL 32177


HIGHLIGHTS

  • 9+ Acres, Zoned IL.
  • 925 +/- Ft Frontage On Highway 17
  • 13,000+ Sq Ft Block Building
  • Two 2,400 Sq Ft Warehouses
  • 20 Storage Containers

OVERVIEW

Opportunity of the Century! This 9.29 Acre parcel is Zoned IL (Light Industrial) and is presently being used as Commercial Retail space through the use of a Special Use Permit. The property accounts for roughly 925ft of highway frontage along US Highway 17, which hosts an Annual Average Daily Traffic count of 13,800 vehicles per day! Possibilities are endless with this 13,000+ square foot Concrete Block Building already equipped with 3-Phase Power! As if this wasn't enough, there are two additional 2,400 square foot (40ft x 60ft) warehouse buildings and 20 storage containers on the property for additional storage. Ideally located between Jacksonville, Gainesville, St Augustine, Palm Coast, & Ocala. Seller-financing available with 25% cash down, amortized over 30 years at 5.5% APR with a 5-year balloon.

FOR SALE DETAILS

PRICE

$1,090,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

Water - Well, Sewer - Septic Field

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.29

LAND SF

404,672

ZONING

IL

APN/PARCEL ID

37-09-26-0000-0410-0000

ASK ABOUT THIS PROPERTY

Ben BatesColdwell Banker Ben BatesMore Info
386-328-6716

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Ben BatesColdwell Banker Ben BatesMore Info
386-328-6716

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.