1309 ReidPalatka, FL 32177

  • Turn key restaurants
  • 3,683 SF
Off market
$3,406,300 Estimated

Property Details for 1309 Reid

Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.34 AC
Property size (Sq ft)
3,683 SF
Property type
Turn key restaurants
APN
42-10-27-6850-252.0-010.0
APU
421027685025200100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $780,492
    6.5%
    $720,454
    7%
    $668,993
  • Comparable approach

    Method
    Valuation
    Relative Method
    $260,500
    Geo Method
    $260,500
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,465,960
    Mixed-Use / Specialty
    $693,232
    Hospitality / Lodging
    $476,504
    Office
    $663,435
    Institutional / Educational
    $711,870
    Residential Income
    $832,888
    Multifamily
    $1,135,600
    Automotive / Energy
    $610,175
    Parking / Income-Based Land
    $234,921
    Restaurant / Food Service
    $307,940
    Healthcare / Senior Housing
    $736,178

Location Insight

City
Palatka
County
Putnam
State
Florida
Latitude
29.649
Longitude
-81.643
CBSA code
37260
CBSA name
PALATKA, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,216
-
-
$186,130
-
$59,240
$126,890
$186,130

FAQs

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