Putnam County Development Site

945 Highway 17 Palatka, FL 32177

945 Highway 17, Palatka, FL, 32177
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FOR SALE
Property Type:
Residential Land Development
Amount:
$39,000,000
Last Verified:
Dec 23, 2024

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Highlights

  • Located 13 miles south of new Outer Beltway & Shands Bridge
  • 6200 feet of frontage on Hwy 17
  • County support for master planned development
  • Over 300 acres of Industrial zoning

Description

Located on the western side of Hwy 17 between Green Cove Springs and the town of Palatka. This property is ideally positioned to take advantage of the rapid growth along Hwy 17 on the south side of Green Cove Springs due to the new Outer Beltway. This Outer Beltway project is a $2 billion highway project extending from I-10 through Clay County and across the new Shands Bridge connecting St Johns County to I-95 south of Jacksonville. This key beltway will open the southern Clay and Putnam County market to Jacksonville’s major employment areas as well as the Durbin Park Plaza, which is Jacksonville’s largest shopping, entertainment, and dining destination. The Outer Beltway extension to the St Johns River and the new four lane Shands Bridge will be completed by 2029-2030.

The subject property is surrounded by timberland owned by Weyerhaeuser and adjacent to 1,670 acres owned by Putnam County. Putnam County is quickly becoming known as the “Trail Hub” of Northeast Florida. Palatka is the center point of the Lake Butler to St. Augustine Rails-to-Trails project which is nearly complete and serves as the backbone for an elaborate Trail System. The Town of Palatka is experiencing its own quiet growth and being only 6 miles from the subject property, provides many services such as HCA Florida Putnam Hospital, Publix Supermarket at the Town & County Plaza, restaurants and shops. Bass Pro Shops has also recently purchased 6,000 acres in the area with plans of developing a major golf and fishing resort similar to their famed Big Cedar Lodge in Missouri.


Discover the potential of Putnam County, FL, a charming location steeped in natural beauty and historical significance. This thriving area offers a range of recreational activities, such as fishing and boating along the St. Johns River, while nearby Ocala National Forest provides hiking and wildlife viewing opportunities. The property is also in proximity to Ravine Gardens State Park, a stunning botanical garden, and the Palatka Golf Club for the avid golfer. With its blend of outdoor allure and local amenities, this location presents a prime opportunity for land or residential investment in a growing community with endless potential.

Lot Size: 3425.0 acres


Documents

Flyer
Putnam Co Development NWI.pdf
Putnam Co Development Map.pdf

Map of 945 Highway 17, Palatka, FL, 32177

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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