380 HWY 17, Palatka, FL 32177 (MLS# 1223176)

380 HWY 17, Palatka, FL 32177

$2,900,000
Property Type: Commercial Sale Status: Closed
Current Price: $2,900,000 List Date: 4/15/2024 Last Modified: 2/23/2025

Overview

Description

This commercial opportunity includes 20.54 acres of Heavy Industrial zoned unimproved land that runs adjacent to a CSX owned parcel with railway access and an option for spur access. This parcel has over 2,289 feet of frontage on the four lane U.S. Highway 17 and 2 DOT Auxiliary turn lanes already in place spanning the front of this property, making ingress and egress convenient and allowing for multiple entrances. According to DOT, the approximate annual average daily traffic count is 13,500. This property is located within an industrial district in Palatka, a city in Putnam County, FL with a 1 hour commute to Jacksonville or Gainesville and 45 minutes to Orange Park.

Supplements: Commercial Industrial neighbors in the immediate vicinity include Georgia Pacific, First Coast Recycling, Beard Equipment Company and numerous others. Property also includes a land lease with Outfront Media for 4 single-sided Billboards for additional annual income on a month to month lease.

Listing Details MLS# 1223176

General Property Information

Building Area Source
Public Records
Water Body Access YN
No
Waterfront YN
No
Directions
FL-207 S Turn right onto Hwy 17 N Destination will be on the right
Public Remarks
This commercial opportunity includes 20.54 acres of Heavy Industrial zoned unimproved land that runs adjacent to a CSX owned parcel with railway access and an option for spur access. This parcel has over 2,289 feet of frontage on the four lane U.S. Highway 17 and 2 DOT Auxiliary turn lanes already in place spanning the front of this property, making ingress and egress convenient and allowing for multiple entrances. According to DOT, the approximate annual average daily traffic count is 13,500. This property is located within an industrial district in Palatka, a city in Putnam County, FL with a 1 hour commute to Jacksonville or Gainesville and 45 minutes to Orange Park.
Building Area Total
0

Property Features

Current Use: Commercial; Industrial; Unimproved Listing Terms: Cash; Conventional Lot Features: Wooded Parking Features: Other Utilities: Other

Contract Information

Listing Contract Date
2023-04-21
Property Sub Type
Mixed Use

Location Tax and Legal

Street Number
380
Street Name
HWY 17
County
Putnam
State
FL
Postal Code
32177
MLS Area Major
561-Greater Palatka

Status Change Information

Major Change Timestamp
2024-04-15T18:12:03Z
Major Change Type
Status Change
Price Change Timestamp
2023-06-14T15:44:56Z
Purchase Contract Date
2024-04-15
Close Date
2024-04-15
Close Price
2900000

Historical Information

Public Historical Remarks 1
Road Surface: Asphalt Road, Possible Financing-1031 Exchange: Y, Approx. Total SqFt: 0.00
Public Historical Remarks 3
Current Zoning: IH

More Information

Location, Tax, and Legal

Country
US
Parcel Number
370926000000600090

Current Use

Commercial
Yes
Industrial
Yes
Unimproved
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Wooded
Yes

Parking Features

Other
Yes

Utilities

Other
Yes
Listing Office: GREAT EXPECTATIONS REALTY
Source MLS Verified
Last Updated: February - 23 - 2025
Information deemed reliable but not guaranteed.