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1400 Reid St 194,892 SF 54% Leased Industrial Building Palatka, FL 32177 $7,677,560 CAD ($39.39 CAD/SF)
EXECUTIVE SUMMARY
Prime Investment or Redevelopment Opportunity on High-Traffic Highway 17!
Presenting a substantial 190,692 sq ft industrial building, complemented by an additional 4,200 sq ft structure, all situated on a sprawling 8.59-acre parcel in Palatka, Florida. Boasting an exceptional 1,350 feet of direct frontage along highly trafficked Highway 17 (Reid St.), this property benefits from a remarkable Average Annual Daily Traffic (AADT) count of 27,000 vehicles, ensuring exceptional visibility and accessibility.
Currently zoned M-1 (Light Industrial), this property offers a wide array of potential uses. Long-term tenants are currently in place, providing immediate income. However, a unique opportunity exists for an owner-user seeking significant operational space or a developer with a fresh vision, as the existing space can be vacated.
Key Highlights:
Total Building Area: 194,892 sq ft (190,692 sq ft main building + 4,200 sq ft additional building)
Land Area: 8.59 acres
Highway Frontage: 1,350 feet on Highway 17 (Reid St.)
Traffic Count: 27,000 AADT (Average Annual Daily Traffic)
Zoning: M-1 (Light Industrial) - offering flexibility for various industrial and manufacturing uses.
Income Potential: Long-term tenants currently in place, providing immediate cash flow.
Owner-User/Redevelopment Opportunity: Ability to vacate for an owner-user requiring significant space or for a developer to reimagine the site's potential.
Strategic Location: Excellent visibility and access on a major thoroughfare.
This is a rare chance to acquire a significant industrial property with substantial highway frontage and flexible options. Whether you're looking for a solid investment with existing income, a large facility for your business operations, or a prime redevelopment site in a high-traffic location, this property warrants serious consideration.
Don't miss out on this exceptional opportunity! Contact us today for more information and to schedule a viewing.
Presenting a substantial 190,692 sq ft industrial building, complemented by an additional 4,200 sq ft structure, all situated on a sprawling 8.59-acre parcel in Palatka, Florida. Boasting an exceptional 1,350 feet of direct frontage along highly trafficked Highway 17 (Reid St.), this property benefits from a remarkable Average Annual Daily Traffic (AADT) count of 27,000 vehicles, ensuring exceptional visibility and accessibility.
Currently zoned M-1 (Light Industrial), this property offers a wide array of potential uses. Long-term tenants are currently in place, providing immediate income. However, a unique opportunity exists for an owner-user seeking significant operational space or a developer with a fresh vision, as the existing space can be vacated.
Key Highlights:
Total Building Area: 194,892 sq ft (190,692 sq ft main building + 4,200 sq ft additional building)
Land Area: 8.59 acres
Highway Frontage: 1,350 feet on Highway 17 (Reid St.)
Traffic Count: 27,000 AADT (Average Annual Daily Traffic)
Zoning: M-1 (Light Industrial) - offering flexibility for various industrial and manufacturing uses.
Income Potential: Long-term tenants currently in place, providing immediate cash flow.
Owner-User/Redevelopment Opportunity: Ability to vacate for an owner-user requiring significant space or for a developer to reimagine the site's potential.
Strategic Location: Excellent visibility and access on a major thoroughfare.
This is a rare chance to acquire a significant industrial property with substantial highway frontage and flexible options. Whether you're looking for a solid investment with existing income, a large facility for your business operations, or a prime redevelopment site in a high-traffic location, this property warrants serious consideration.
Don't miss out on this exceptional opportunity! Contact us today for more information and to schedule a viewing.
PROPERTY FACTS
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 20,000-90,000 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 20,000-90,000 SF | Industrial | - | Now |
1st Floor
| Size |
| 20,000-90,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 1
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 42-10-27-6850-2650-0000 | Improvements Assessment | $1,550,366 CAD |
| Land Assessment | $1,570,633 CAD | Total Assessment | $3,120,999 CAD |
PROPERTY TAXES
Parcel Number
42-10-27-6850-2650-0000
Land Assessment
$1,570,633 CAD
Improvements Assessment
$1,550,366 CAD
Total Assessment
$3,120,999 CAD
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1400 Reid St
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