108 N State Road 19
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108 N State Road 19
2,264 SF Retail Building Palatka, FL 32177 $1,400,000 ($618/SF)
Investment Highlights
- Heavy Traffic Area with High Visibility from Intersection of SR19 & St. Johns Ave.
Executive Summary
Prime Retail Development Opportunity! Don't miss this rare chance to acquire one of the last remaining developable parcels in County's most desirable retail corridor. This exceptional property boasts approximately 1/2 acre of prime commercial land with excellent visibility from SR 19 (20300 AADT) and St. Johns Ave. (8500 AADT), featuring approximately 110' of frontage. The site currently features a 2,264 sq ft building that could be remodeled to suit your specific needs or removed entirely to make way for your future development. And if you require even more space, there's additional adjacent property available for purchase. There is also a billboard lease that provides additional income but the Seller has an opt-out clause in the lease if necessary. Act now to secure your spot in this thriving retail destination! This is a truly unique opportunity to capitalize on high-traffic counts and establish your business in a prime location. Don't let this one pass you by!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,264 SF
Building Class
B
Year Built
1964
Price
$1,400,000
Price Per SF
$618
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
0.50 AC
Parking
8 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
92 FT on Sr-19
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 02-10-26-0000-1321-0000 | Improvements Assessment | $22,960 |
Land Assessment | $174,240 | Total Assessment | $197,200 |
PROPERTY TAXES
Parcel Number
02-10-26-0000-1321-0000
Land Assessment
$174,240
Improvements Assessment
$22,960
Total Assessment
$197,200
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108 N State Road 19
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