Leased Medical Office
1555 KINGSLEY Avenue Orange Park, FL 32073
For Sale
$475,000
SINGLE_FAMILY - Orange Park, FL
Property Size2,280 SF
Lot Size0.26 Acres
Price / SF$208.33
Days on Market12
Property Features for 1555 KINGSLEY Avenue
General Information
Property type
Residential
Property subtype
Office
Parking features
Assigned
Standard status
Active
APN
41042602026200125
Size
2,280 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7289
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
2002
Floors in Building
1
Number of units
2
Flooring type
Carpet
Building materials
Brick Veneer
Roof type
Shingle
Listing Agency:
LA ROSA REALTY NORTH FLORIDA, LLC.
(904) 231-8989
Listed By:
MALLIKARJUNA KAMAVARAM
(469) 579-8586
Added: Jul 17
Changed: Jul 19
Last Checked: Jul 28 at 6:06AM
MLS# 2155907
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Well-maintained medical office property offered for sale with two office units sold together. The units are currently leased to a medical practice, with the existing lease expiring in July 2027. The tenant has expressed interest in extending the lease.
Updates include a new roof installed in 2025, new HVAC systems in both units completed in 2026, and a water heater replacement in 2024. The setup supports operation as one cohesive medical office configuration, with the same tenant in both units.
The property is located at 1555 Kingsley Avenue in Orange Park, Florida, just minutes from Orange Park Medical Center.
Updates include a new roof installed in 2025, new HVAC systems in both units completed in 2026, and a water heater replacement in 2024. The setup supports operation as one cohesive medical office configuration, with the same tenant in both units.
The property is located at 1555 Kingsley Avenue in Orange Park, Florida, just minutes from Orange Park Medical Center.
Key Highlights
- Medical office suite leased to a medical practice, with lease expiration in July 2027
- Two office units sold together and currently leased together
- New roof in 2025
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.7k | $24.00 |
| − Vacancy | −$12.1k | −$5.33 |
| EGI | $42.6k | $18.67 |
| − OpEx | −$10.6k | −$4.67 |
| NOI | $31.9k | $14.00 |
2,280 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$456.1K
$399.1K – $532.2K
NOI $31,929 @ 7.0% cap · market cap 6.72%
Second Best
Healthcare Medical
$433.4K
$379.2K – $505.6K
NOI $30,337 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$608.2K
$532.2K – $709.5K
NOI $42,572 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Pet/Ct Center of N Florida — 1895 Kingsley Ave # 600, Orange Park, FL 32073
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two office units sold together, leased to a medical practice with an existing lease expiring July 2027.
Where is this medical office space located?
The property is located at 1555 KINGSLEY Avenue Orange Park, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Medical office suite leased to a medical practice, with lease expiration in July 2027; Two office units sold together and currently leased together; New roof in 2025
