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3524 Reid St

Palatka, FL 32177
  • $1,800,000
  • STATUS: Active
  • ON SITE: 164 Days
  • MLS #: 1155946
Price Reduced
UPDATED: 50 min ago
$1,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Mixed-use redevelopment opportunity consisting of a total of four (4) acres, strategically located just east of the signalized intersection of State Road 19 and Reid Street also known as State Road 100 in the City of Palatka in Putnam County, Florida. This intersection is also the gateway to the prime commercial corridor in Palatka, which is the location for several national retailers and restaurant chains including Lowe's, Home Depot, Tractor Supply, Harbor Freight, Holiday Inn Express, Zaxby's, Krystal, Sonic, and Sonny's BBQ as well as a community shopping center with a Publix Anchor tenant all located within a mile and a half radius of the site. State Road 100 is also the main traffic corridor for commuters and distributors from Gainesville and Ocala to St. Augustine and Jacksonvilleas well as the surrounding areas with traffic counts ranging from over 18,000 to 22,000 VPD. The site consists of three (3) contiguous parcels, containing a total of four (4) acres, more or less, with an existing use for used automotive sales. The property has an estimated total of 420 feet of frontage on State Road 100 also known as Reid Street with four (4) paved existing FDOT entry/exits. The site also has an estimated total of 325 feet of frontage on the rear boundary or Phillips Dairy Road with direct access to State Road 19. As a result, access as well as visibility is considered excellent. The site can accommodate a variety of highest and best use, multi-tenant commercial scenarios possible based on its mixed-use commercial (C2 & C3) and light industrial zoning. The property is improved with two small commercial buildings as well as an older single-family residence, which are all interim uses of the property to be razed for future development.

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© 2022 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Florida Network Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2022-08-12T12:25:41.797.

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3524 Reid St Palatka, FL 32177

  • Price: $1,800,000
  • Status: Active
  • On Site: 164 Days
  • Updated: 50 min ago
  • MLS #: 1155946
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
56-Putnam County-NE
County:
Putnam
Area:
56-Putnam County-NE
Property Description
Mixed-use redevelopment opportunity consisting of a total of four (4) acres, strategically located just east of the signalized intersection of State Road 19 and Reid Street also known as State Road 100 in the City of Palatka in Putnam County, Florida. This intersection is also the gateway to the prime commercial corridor in Palatka, which is the location for several national retailers and restaurant chains including Lowe's, Home Depot, Tractor Supply, Harbor Freight, Holiday Inn Express, Zaxby's, Krystal, Sonic, and Sonny's BBQ as well as a community shopping center with a Publix Anchor tenant all located within a mile and a half radius of the site. State Road 100 is also the main traffic corridor for commuters and distributors from Gainesville and Ocala to St. Augustine and Jacksonvilleas well as the surrounding areas with traffic counts ranging from over 18,000 to 22,000 VPD. The site consists of three (3) contiguous parcels, containing a total of four (4) acres, more or less, with an existing use for used automotive sales. The property has an estimated total of 420 feet of frontage on State Road 100 also known as Reid Street with four (4) paved existing FDOT entry/exits. The site also has an estimated total of 325 feet of frontage on the rear boundary or Phillips Dairy Road with direct access to State Road 19. As a result, access as well as visibility is considered excellent. The site can accommodate a variety of highest and best use, multi-tenant commercial scenarios possible based on its mixed-use commercial (C2 & C3) and light industrial zoning. The property is improved with two small commercial buildings as well as an older single-family residence, which are all interim uses of the property to be razed for future development.
Exterior Features

Exterior Wall Concrete Lot Description Level Lot Location DowntownUrban/City Navigable To Ocean YN No Parking Facilities Asphalt BlacktopOther Parking Road Frontage 4 + Lane RoadCity StreetState Road Road Surface Asphalt Road Roof Shingle Structure Concrete Waterfront YN No

Interior Features

Total Bldg Sq Ft 0.00

Property Features

Buildings 2 Buildings Commercial Type Office Current Zoning C-3 Development Status Recorded Plat Documents On File Photos On FileSurvey On File Occupancy Owner Occp To Vacate Possible Financing CashConventional Present Use Zoned Auto ServiceCommercialIndustrial/WarehouseRetail Square Foot Source Tax Roll Type Potential Use BusinessCommercialHotel/MotelIndustrial/WarehouseInvestmentOfficeRetail Use Of Adjacent Area CommercialRetailState Road Utilities Water - Public

Listing courtesy of One Sotheby's International Realty.


© 2022 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Florida Network Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2022-08-12T12:25:41.797.

Digital Millennium Copyright Act
 
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