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1196 S US Highway 17

1,368 SF Office Building Satsuma, FL 32189 $350,000 ($255.85/SF)

INVESTMENT HIGHLIGHTS

  • Lakefront office building at a heavily trafficked intersection.
  • 7.08-acre lot with access to Lake Myra.

EXECUTIVE SUMMARY

Great opportunity! Perfect location on a heavily traveled intersection of Highway 17 and County Rd 309. This lakefront property is zoned C-2 with approximately 586'road frontage and 145' deep. Survey shows approximately 2.8 acres of usable land). Commercial zoning, on road frontage on the lake is zoned AG. There is a 1368 sq ft mobile home on property as well. US Highway 17 is scheduled to be a four lane highway. FDOT has already purchased road frontage. Just minutes to Palatka and Welaka.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
1,368 SF
Building Class
C
Year Built
1970
Price
$350,000
Price Per SF
$255.85
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,368 SF
Lot Size
7.06 AC
Zoning
C-2 & AG - Commercial and Agriculture
Parking
6 Spaces (4.39 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-11-26-8470-0140-0100
Land Assessment
$232,100
Improvements Assessment
$28,360
Total Assessment
$260,460
  • Listing ID: 29240787

  • Date on Market: 8/10/2023

  • Last Updated:

  • Address: 1196 S US Highway 17, Satsuma, FL 32189

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