380 Hwy 17, Palatka, FL 32177

$2,900,000

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Sold Price
$2,900,000
List Price
$2,950,000

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. 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.

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Listing courtesy of GREAT EXPECTATIONS REALTY. Selling Office: .

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