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

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.

More Information MLS# 1223176

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

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.

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

Property Features

Current Use: Commercial; Industrial; Unimproved Listing Terms: Cash; Conventional Lot Features: Wooded Parking Features: Other Utilities: Other
Listing Office: GREAT EXPECTATIONS REALTY
Last Updated: February - 23 - 2025
Information deemed reliable but not guaranteed.