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Marcus & Millichap Brokers Sell Retail Property In Palatka For $8.5M

400 North State Road 19
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This Retail property located in FL was sold for $8,500,000 about 2 years ago. The brokers of the deal were Casey Barker, Ray Turchi, and David Vaughan

A retail property located at 400 N. State Road 19 in Palatka has been sold for $8,500,000. The property spans 31.45 acres and offers a total of 195,826 square feet of space. The sale took place on March 3, 2022. The property was listed by Ray Turchi, David Vaughan, and Casey Barker from Marcus & Millichap. The sale price translates to a price per square foot of $43.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $8,500,000
  • Address: 400 N. State Road 19, Palatka
  • Market: Palatka
  • Acres: 31.45

The deal was facilitated by Ray Turchi, David Vaughan, and Casey Barker from Marcus & Millichap. They represented the parties involved in the transaction. The retail property boasts an ample amount of space and is situated in a prime location. The sale of this property signifies a significant investment in the Palatka market.

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Deals
  • Location
    400 N State Road 19, Palatka, FL 32177400 N State Road 19, Palatka, FL 32177
  • Sale Price
    $8,500,000$8,500,000
    $43 PPSF$43 PPSF
  • Area
    195,826 SF195,826 SF
  • Asset Type
    RetailRetail
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Casey Barker

Casey Barker

Deals1
Sold$8.5M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Casey Barker, David Vaughan & Ray Turchi DATE: 03/03/2022 ADDRESS: 400 N. State Road 19 MARKET: Palatka ASSET TYPE: Retail ~ ACRES: 31.45 BROKERS: Ray Turchi, David Vaughan & Casey Barker - Marcus & Millichap SALE PRICE: $8,500,000 SF: 195,826 ~ PPSF: $43

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400 North State Road 19

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