Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2150-2186 Park Ave Orange Park, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail and restaurant spaces available in a high-visibility shopping center.

    Type:RETAIL
    Property size:
    4,919 SF
    Lot size:
    3.33 Acres
    Added:
    Jun 30, 2023
    Days on Market:
    1032
    Last Refresh:
    Apr 5 at 9:05 pm

    Property Features for 2150-2186 Park Ave

    General Information

    Standard status
    Active
    Size
    4,919 SF
    Lot size
    3.33 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 2150-2186 Park Ave Contact us

    We can help!

    Listing Contact
    Janet Keister
    Janet Keister

    Listing agent Janet Keister

    Listing office Hakimian Holdings

    Listing date Jun 30, 2023

    Source Moodyscre

    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 Hakimian Holdings

    Overview

    Retail Space in Established Center

    The Gates of Park Avenue, constructed in 1972, comprises 43,900 square feet distributed across three buildings. This shopping center accommodates a mix of retail stores, restaurants, medical facilities, and office spaces. The property offers ample parking and benefits from high visibility, making it a location suitable for various business operations. The available space is 4,919 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The Park Shopping Center — Kingsley Ave, Orange Park, FL 32073
    • Orange Park Plaza — 2170 Park Ave, Orange Park, FL 32073
    • Gates Of Park Avenue — 2186 Park Ave, Orange Park, FL 32073
    • Coinstar Kiosk | Bitcoin ATM — Winn Dixie, 1900-1 Park Ave, Orange Park, FL 32073
    • Blanding and Jefferson — Orange Park, FL 32073

    Location Insight

    • Map
    • Local Demand
    City
    Orange Park
    County
    Clay
    State
    Florida
    Longitude
    -81.7018
    Latitude
    30.1634

    Nearby Similar for Lease

    • $2,500/Mo

      Updated Medical Office in Orange

      Updated medical office space near HCA Florida Orange Park Hospital.
      2140 KINGSLEY Avenue, Orange Park, FL 32073
      View Details
    • $900/Mo

      Orange Park Office Space Available

      720 sqft office space suitable for professional business.
      767 BLANDING Boulevard, Orange Park, FL 32065
      View Details
    • $900/Mo

      Orange Park Commercial Space Available

      Vacant professional office space in a great location.
      1820 PARK Avenue, Orange Park, FL 32073
      View Details
    • Sponsored
      Contact for pricing

      FL, Orange Park - Crossing Blvd

      330 Crossing Blvd, Orange Park, FL 32073
      View Details
    • $22 SF/Yr

      Retail Space Near Blanding Blvd

      Retail space available for lease near major thoroughfare.
      1756-400 Wells Rd., Orange Park, FL 32073
      View Details
    • $16 SF/Yr

      Retail Space in Orange Park

      40,000 SF neighborhood center with seasoned management.
      1580 Wells Road, Orange Park, FL 32073
      View Details
    • Contact for pricing

      Retail Space in Patel Plaza

      Retail space in a high-traffic area near major retailers.
      997 Blanding Blvd, Orange Park, FL 32065
      View Details
    • Contact for pricing

      High-Visibility Commercial Space in Orange Park

      Functional commercial space with high visibility and strong signage opportunities.
      1035 Blanding Boulevard, Orange Park, FL, 32065
      View Details
    • Contact for pricing

      Orange Park Retail/Office Opportunity

      Office or retail spaces available in Orange Park, Florida.
      104 College Drive, Orange Park, FL 32065
      View Details
    • Contact for pricing

      Single Story Office Building

      Single story office building for lease near I-295.
      560 Wells Road, Orange Park, FL, 32073
      View Details
    • $13 SF/Yr

      Orange Park Office Space Available

      Office space available for rent in Orange Park, Florida.
      769 Blanding Blvd, Orange Park, FL
      View Details
    • Contact for pricing

      Furnished Office Space for Rent

      Move-in ready office space with furniture and scenic views.
      2301 Park Ave, Orange Park, FL 32073
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail and restaurant spaces available in a high-visibility shopping center.
    Where is this shopping center located?
    The property is located at 2150-2186 Park Ave Orange Park, FL.
    What are key features of this property?
    This property features: Prime location with high visibility; Ample parking available; Diverse tenant mix including retail, restaurants, medical, and office spaces
    (904) 757-4000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Janet Keister
    Janet Keister
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!