$2,900,000
380 HWY 17
Palatka, FL 32177
MLS# 1223176
Status: Closed



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Property 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.

Details
Documents
Location, Tax, and Legal
Country: US
Parcel Number: 370926000000600090
General Property Information
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
Building Area Source: Public Records
Current Use
Commercial: 1
Industrial: 1
Unimproved: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Wooded: 1
Parking Features
Other: 1
Utilities
Other: 1
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
Contract Information
Current Price: $2,900,000
Sold Price: $2,900,000
Status: Closed
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
Property Features
Current Use: Commercial; Industrial; Unimproved
Listing Terms: Cash; Conventional
Lot Features: Wooded
Parking Features: Other
Utilities: Other
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 Office: GREAT EXPECTATIONS REALTY

Last Updated: February - 23 - 2025

Information deemed reliable but not guaranteed.