Tenant-Occupied Office
For Sale
$600,000
102-859 Park Ave, Orange Park, FL 32073
Versatile, tenant-occupied office space near US-17, configured for private offices, conference rooms, and reception areas.
Property Size3,072 SF
Price / SF$195.31
Days on Market162
Property Features for 102-859 Park Ave
General Information
Standard status
Active
Size
3,072 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,180
Listing Agency:
COLDWELL BANKER VANGUARD REALTY
(904) 269-7117
Listed By:
GARRETT SHANE STEWART
(904) 518-8806
Source:
Exprealty
Added: May 18
Changed: Oct 26
Last Checked: Oct 24 at 5:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER VANGUARD REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This spacious commercial unit offers versatile office space with private offices, conference rooms, reception areas, and collaborative workspaces. The property is currently tenant-occupied and presented as a strong option for investors seeking immediate income and for future owner-users looking for a flexible layout.
Located in Orange Park in a highly visible and convenient area just off US-17, the unit provides easy access to major roadways and is surrounded by retail, dining, and other business centers.
With more than 3,000 square feet of flexible work areas, the space is well-suited for professional office, medical office, legal, or general business uses.
Located in Orange Park in a highly visible and convenient area just off US-17, the unit provides easy access to major roadways and is surrounded by retail, dining, and other business centers.
With more than 3,000 square feet of flexible work areas, the space is well-suited for professional office, medical office, legal, or general business uses.
Key Highlights
- Over 3,000 SF of versatile commercial office space in a highly visible location just off US‑17
- Tenant‑occupied, offering immediate income potential for investors
- Flexible layout supports professional, medical, legal, or general business use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,020
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,400
$860.4K
Cap Rate 7%
$614,571
$614.6K
Cap Rate 9%
$478,000
$478.0K
Market Conditions
NOI Build-Up for 3,072 SF
Gross rent
$73.7K $24.00/SF
− Vacancy
−$16.4K −$5.33/SF
EGI
$57.4K $18.67/SF
− OpEx
−$14.3K −$4.67/SF
NOI
$43.0K $14.00/SF
Area
Clay County, FL
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,400
Cap Rate 7%
$614,571
Cap Rate 9%
$478,000
Alternative Uses
Best Use
Office B
$614.6K
$537.8K – $717.0K
NOI $43,020 @ 7.0% cap · market cap 7.17%
Second Best
Healthcare Medical
$583.9K
$510.9K – $681.3K
NOI $40,875 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$819.4K
$717.0K – $956.0K
NOI $57,360 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32073, FL
43,527
Population
17,301
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
92%
High-School Grad
16.8 sq mi
ZIP Area
2,591
Density / Sq Mi
$76,139
Median Household Income
$40,947
Median Earnings
$1,392
Median Rent
$258,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Sandy Paws Animal Hospital — 550 Wells Rd Suite 17, Orange Park, FL 32073
- North Florida Neurology: Meeks John DVM — 280 Corporate Way, Orange Park, FL 32073
- Affiliated Veterinary Specialists — 275 Corporate Way #100, Orange Park, FL 32073
- North Florida Neurology: Snyder Patti DVM — 280 Corporate Way, Orange Park, FL 32073
- Matthew Lackey — 275 Corporate Way #100, Orange Park, FL 32073
Frequently Asked Questions
What type of property is this?
Medical Office Space - Versatile, tenant-occupied office space near US-17, configured for private offices, conference rooms, and reception areas.
Where is this medical office space located?
The property is located at 102-859 Park Ave Orange Park, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Over 3,000 SF of versatile commercial office space in a highly visible location just off US‑17; Tenant‑occupied, offering immediate income potential for investors; Flexible layout supports professional, medical, legal, or general business use
