Palatka, FL
Commercial Real Estate Market Trends & Data

$326 Avg asking sale price
$1,159 Avg asking lease rate
12,901 SF Avg unit lease size
8,532 SF Avg building size for sale
9.79% Average cap rate

Palatka's Demographic Profile

Palatka has 3,731 households and a median income of $27,071, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 9,452
# Households 3,731
Median age 38
Median household income $27,071
Avg household size 2.0
Renter-occupied housing units 1,855
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Palatka, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Palatka $239 4,861 SF 15.68%
Hastings $360 3,964 SF 12.74%
Green Cove Springs $383 7,196 SF 4.44%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Palatka $89 12,326 SF 7.50%
Satsuma $119 21,030 SF 7.50%
Elkton $321 46,200 SF 6.70%
Nearby Retail Markets Avg Cost/SF Typical Size
Palatka $235 9,491 SF
Satsuma $190 2,100 SF
Pomona Park $888 1,800 SF
Welaka $190 2,100 SF
Hastings $360 3,964 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Palatka $119 21,030 SF 7.50%
Satsuma $119 21,030 SF 7.50%

Commercial Properties For Sale in Palatka

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

4401 St Johns Ave

Palatka, FL 32177

  • 7,557 SF Specialty
  • 17.20% Cap Rate
  • $1,850,000
For Sale

3323 Saint Johns Ave

Palatka, FL 32177

  • 1,003 SF Retail Building
  • $235,000
For Sale

921 S Moody Rd

Palatka, FL 32177

  • 2.23 AC Lot
  • 1 Commercial Lot
  • $189,000
For Sale

Flex Building with Drive-In Warehouse

Palatka, FL 32177

  • 2,110 SF Flex Building
  • 7.18% Cap Rate
  • $235,000
For Sale

Pilothouse Court Investment Offering

Palatka, FL

  • 7.50% Cap Rate
  • $2,499,000
For Sale

1011 S Palm Ave

Palatka, FL 32177

  • 995 SF Office Building
  • $249,900

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Palatka pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Palatka $326 8,532 SF
East Palatka $1,097 2,495 SF
Satsuma $143 12,345 SF
Interlachen $158 6,000 SF
San Mateo $741 5,260 SF

Regional Demographic Comparison

This comparison places Palatka alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Palatka or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Palatka 9,452 3,731 38 $27,071 2 1,855 1%
East Palatka 1,093 437 45 $50,172 2 97 2%
Satsuma 6,837 2,965 52 $32,210 2 570 6%
Interlachen 1,449 570 43 $35,972 3 120 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Palatka, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Palatka

View All Commercial Real Estate For Sale in Palatka
Is Palatka a good market for a first-time commercial real estate investor?

Palatka offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Palatka?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Palatka. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Palatka?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Palatka. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Palatka compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Palatka. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Palatka acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Palatka, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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