Orange Park Office Building For
1409 Kingsley Ave, Orange Park, FL 32073
Office building for sale in a high-demand, densely populated area.
Type:Office
Property size:
4,579 SFPrice / SF:
$262/SF- Added:
- Feb 2, 2024
- Days on Market:
- 886
- Last Refresh:
- Jun 28 at 8:38 am
Property Features for 1409 Kingsley Ave
General Information
- Standard status
- Active
- Size
- 4,579 SF
- Property subtype
- Office
Listing office Cross Regions
Listing date Feb 2, 2024
Source Crexi
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 Cross Regions
HighLights
- Prime location on Kingsley Avenue with excellent visibility (+26,500 AADT) in a high‑demand, densely populated area.
- Suite 6A is fully leased to a national tenant on a 7‑year lease (expiring in 2025) with 3% annual increases, providing stable income.
- Ideal for medical or general office users, catering to a growing demand for these services.
- Located 1.5 miles west of US‑17, offering convenient access.
- Surrounded by established neighborhoods and a strong daytime population.
- Strong visibility makes it a prime location for office or healthcare users.
Overview
The 1409 Kingsley Office Building is available for sale in Orange Park, Florida. The property is suitable for medical or general office users. Suite 6A is fully leased to a national tenant under a 7-year lease expiring in 2025, with 3% annual increases. The property is located 1.5 miles west of US-17 on Kingsley Avenue, offering excellent visibility with an average annual daily traffic count of over 26,500. The location benefits from established neighborhoods, a strong daytime population, and a growing demand for medical and professional services. The building offers easy access and strong visibility.
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 | $109.9k | $24.00 |
| − Vacancy | −$24.4k | −$5.33 |
| EGI | $85.5k | $18.67 |
| − OpEx | −$21.4k | −$4.67 |
| NOI | $64.1k | $14.00 |
4,579 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$916.1K
$801.6K – $1.07M
NOI $64,124 @ 7.0% cap · market cap 5.34%
Second Best
Healthcare Medical
$870.4K
$761.6K – $1.02M
NOI $60,926 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,499 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Oral Surgery of Orange ...
Medical Clinic
Modern Periodontics
Dental Office
Modern Periodontics PA: ...
Dental Office
Baymeadows office
Dental Office
Dr. Brian D. ...
Dental Office
Similar Places Nearby
- PrimeVet Animal Hospital — 920 Kingsley Ave, Orange Park, FL 32073
- Veterinary Dental Specialties & Oral Surgery — 920 Kingsley Ave, Orange Park, FL 32073
- Focused Pet Care — 920 Kingsley Ave, Orange Park, FL 32073
- Pet/Ct Center of N Florida — 1895 Kingsley Ave # 600, Orange Park, FL 32073
Location Insight
- Map
- Local Demand
- City
- Orange Park
- County
- Clay
- State
- Florida
- Longitude
- -81.7245697
- Latitude
- 30.165585
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Office building for sale in a high-demand, densely populated area.
Where is this medical office space located?
The property is located at 1409 Kingsley Ave Orange Park, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime location on Kingsley Avenue with excellent visibility (+26,500 AADT) in a high‑demand, densely populated area.; Suite 6A is fully leased to a national tenant on a 7‑year lease (expiring in 2025) with 3% annual increases, providing stable income.; Ideal for medical or general office users, catering to a growing demand for these services.
