Orange Park Retail Investment
For Sale
$899,000
300-2301 Park Ave, Orange Park, FL 32073
Fully occupied commercial plaza with long-term leases in Orange Park.
Property Size5,092 SF
Price / SF$176.55
Days on Market951
Property Features for 300-2301 Park Ave
General Information
Standard status
Active
Size
5,092 SF
Listing Agency:
CB ISAAC REALTY
(352) 475-2199
Listed By:
JESSICA GENHOLD · License #3390875
(352) 478-4488
Source:
Exprealty
Added: Mar 7, 2024
Changed: Sep 13
Last Checked: Oct 12 at 10:28PM
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 CB ISAAC REALTY
Investment Insights
Based on property information with market context.
This commercial property, located in Orange Park, Florida, is fully occupied and features long-term leases. The property is home to four businesses. Situated off Highway 17, the plaza provides ample parking and a tranquil environment. The building contains 5,092 square feet of space.
Key Highlights
- 100% Occupied with Long‑Term Leases
- Located in Orange Park
- Investment Opportunity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,551
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,020
$1.2M
Cap Rate 7%
$822,157
$822.2K
Cap Rate 9%
$639,456
$639.5K
Market Conditions
NOI Build-Up for 5,092 SF
Gross rent
$91.7K $18.00/SF
− Vacancy
−$9.4K −$1.85/SF
EGI
$82.2K $16.15/SF
− OpEx
−$24.7K −$4.84/SF
NOI
$57.6K $11.30/SF
Area
Clay County, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,020
Cap Rate 7%
$822,157
Cap Rate 9%
$639,456
Alternative Uses
Best Use
Retail
$822.2K
$719.4K – $959.2K
NOI $57,551 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,078 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
139k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 37%
Hotels & Casinos 12%
Wawa
Shops & Services
52,860 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
29,593 visits/mo
0.4 miles
BP
Shops & Services
11,646 visits/mo
0.2 miles
Waffle House
Dining
10,499 visits/mo
0.2 miles
Krystal
Dining
9,687 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Shoppes of Wells Landing — 550 Wells Rd, Orange Park, FL 32073
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied commercial plaza with long-term leases in Orange Park.
Where is this shopping center located?
The property is located at 300-2301 Park Ave Orange Park, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 100% Occupied with Long‑Term Leases; Located in Orange Park; Investment Opportunity
