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3524 Reid St

Palatka, Florida, 32177, United States

Property ID: #874100 // commercial
3524 Reid St
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Traditional Sale
List Price:
$1,900,000.00
Icon 658 ft²
Icon - acres
Icon - beds
Icon - baths
Address:
3524 Reid St
City:
Palatka
State:
Florida
Zip Code:
32177
County:
Putnam
Country:
United States
Property Type:
Commercial
Additional Property Types:
Commercial
Year Built:
1964
Property Size:
658 ft²
Data Source:
North East Florida
MLS/Reference Number(s):
1247962
Source Status:
Active
Source Property Type:
Commercial, Commercial Sale

Property Provided By

  • JOE HATIN
  • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
  • +1 (888) 662-1020
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Property Information

4 Acre Commercial Opportunity strategically located just east of the signalized intersection of SR 19 and SR 100 aka Reid Street also known as State Road 100 in Palatka, Florida. This property is located directly across the highway from the proposed ''Wawa'' convenience store (6,119 SF Building) with fuel service (8 Pump Islands) and a LongHorn Restaurant, located on a 5 acre tract at the southeast corner of SR 19 and SR 100 aka Reid Street. Seller is open to build to suit, land lease, or joint venture to develop a portion or entire 4 acre site, which also has rear access from Phillips Dairy Road, connecting west to SR 19. This area is the prime commercial corridor in Palatka and is the location for several national retailers and restaurant chains including Lowes, 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 Jacksonville as well as the surrounding areas with traffic counts ranging from over 18,000 to 22,000 VPD. Putnam County is seeing an influx of new residents from St. Augustine and the surrounding areas and is also the future location of Bass Pro Shops, who has acquired over 5,000 acres in the southeastern portion of the County along the St. Johns River. As previously stated, the subject 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 total 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 total 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.

Directions

This property is located just east of the signalized intersection of State Road 19 and State Road 100 (also known as Reid Street) on the north side of the road.

Source Disclaimer

Listing Information © 2024 Northeast Florida MLS, Inc. All Rights Reserved.
This data up-to-date as of 2024-02-04 08:28:15. Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY.
Data last updated 2024-02-04 08:28:15. Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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