Palatka 356 Ac Development Tract

Investment Overview

356 Acre development property in Palatka, Florida (NE FL). The property is currently located just outside of the City of Palatka on SR20 in Putnam County, but utilities are provided by the City of Palatka with no annexation required (see utility info below). The County Development Department sees potential for an industrial park, mixed use development, SFR development, data center or solar field development. The property also has high-voltage power lines (220-287kv) located on the East side of the property line (and a 500kv line 2 miles to the west or 1.5 miles to the south) ideal for a Data Center or Solar Field. For a SFR Development, the county (development department) recommended considering using a portion of the west part of this property as a “park” or green amenity for a natural transition from the conservation land to the west, with larger SFR product (1-2 du/ac) in the “middle” portion of the property, and higher density SFR product (4+ du/ac) on the eastern portion of property (the closest portion to the City of Palatka). There is 3,924 ft frontage on SR20 with a DOT AADT (Traffic Count) of 13,264. The property is minutes from shopping (4 miles from Walmart), restaurants (1.4 miles), downtown Palatka (4 miles), and from the HCA Florida Putnam Hospital (3.2 miles). It is 33 miles to I95, 34 miles to St. Augustine, and just over one hour to Jacksonville (57 miles).

Investment Highlights

• Located on SR20 just West of the City of Palatka, FL, in the Jacksonville FL MSA
• SFR, Mixed Use, Industrial, Data Center, Solar Farm Development Land
• Water and Sewer available with City of Palatka (no annexation required)
• DOT AADT- 13,264 vehicles
• 3,924 Ft Frontage on 4-Lane SR20
• 230KV High Voltage Power Lines-Ideal for Data Center, Industrial, Solar Farm
• Natural Gas Pipeline