Palatka 356 Ac Development Tract

Property is located in the expanding NE Florida region, an hour south of Jacksonville, 35 miles from St. Augustine, and 3 miles west of downtown Palatka on the south side of SR 20 with approximately 3/4 mile of frontage on State Road 20 (AADT 13,264). It is 5 minutes from the Walmart Super-center, HCA Hospital, the Publix in Palatka, and 9 minutes from the local airport. Development options include SFR, multifamily, mixed use, or solar farm and data center, due to the 230 KV SECI power transmission lines. There is also potential for a conservation easement as the property is adjacent to the Rice Creek Conservation Area.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).