151 College Dr, Orange Park, FL
6,600 SF flex space building for sale, divisible to 2,200 SF.
- Added:
- Dec 16, 2024
- Days on Market:
- 546
- Last Refresh:
- Apr 5 at 10:42 pm
Property Features for 151 College Dr
General Information
- Standard status
- Active
- Size
- 6,600 SF
- Lot size
- 4.66 Acres
- Property subtype
- INDUSTRIAL
Listing agent Conrad Boylan License #FL 3382471
Listing office Prime Realty (904) 352-1400
Listing date Dec 16, 2024
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 Prime Realty
HighLights
- 6,600 square foot building nearing completion
- Ability to divide into 2,200 square foot bays
- Suitable for investors
- Suitable for owner users
- Large building size
- Flexible space configuration
Overview
Local Financial Insights For Warehouse
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 | $70.5k | $10.68 |
| − Vacancy | −$3.9k | −$0.59 |
| EGI | $66.6k | $10.09 |
| − OpEx | −$10.0k | −$1.51 |
| NOI | $56.6k | $8.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orange Park
- County
- Clay
- State
- Florida
- Longitude
- -81.7746
- Latitude
- 30.1282
