2301 PARK Avenue Orange Park, FL 32073
COMMERCIAL - Orange Park, FL
Property Features for 2301 PARK Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
- Parking features
- Assigned
- Standard status
- Active
- APN
- 41-04-26-018963-019-00
- Size
- 5,092 SF
- Lot size
- 0.12 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 4
Listing agent JESSICA GENHOLD License #3390875 (352) 478-4488
Listing office CB ISAAC REALTY 2518 STATE ROAD 21, Melrose, FL (352) 475-2199
Listing date Mar 7, 2024
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Investment Insights
Based on property information with market context.
Located at 2301 Park Avenue in Orange Park, Florida, the building is positioned right off busy Hwy 17. The offering notes plenty of parking and a more tranquil setting for day-to-day tenant and customer access.
The current configuration supports multiple office users within one commercial site, with all units described as occupied under long-term leases at the time of listing.
Key Highlights
- Commercial plaza with 100% occupancy and long‑term leases in place
- Located right off busy Hwy 17 in well sought‑after Orange Park
- Central heating and central air conditioning
Local 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 | $122.2k | $24.00 |
| − Vacancy | −$27.1k | −$5.33 |
| EGI | $95.1k | $18.67 |
| − OpEx | −$23.8k | −$4.67 |
| NOI | $71.3k | $14.00 |
