6,600 SF Flex Space
For Sale
Contact for pricing
151 College Dr, Orange Park, FL
6,600 SF flex space building for sale, divisible to 2,200 SF.
Property Size6,600 SF
Lot Size4.66 Acres
Price / SF$128.64
Days on Market592
Property Features for 151 College Dr
General Information
Standard status
Active
Size
6,600 SF
Lot size
4.66 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Prime Realty
(904) 515-2590
Listed By:
Conrad Boylan · License #3382471
Source:
Moodyscre
Added: Dec 16, 2024
Changed: Jul 10
Last Checked: Jul 21 at 5:08AM
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
Investment Insights
Based on property information with market context.
This is a 6,600 square foot flex space building nearing completion. The property offers the ability to be divided into 2,200 square foot bays. It presents an opportunity for investors or owner users.
Key Highlights
- 6,600 square foot building nearing completion
- Ability to divide into 2,200 square foot bays
- Suitable for investors
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 |
6,600 SF · lease $10.68/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$808.8K
$707.7K – $943.7K
NOI $56,619 @ 7.0% cap · market cap 6.67%
Second Best
Industrial
$666.1K
$582.9K – $777.1K
NOI $46,628 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,235 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 6,600 SF flex space building for sale, divisible to 2,200 SF.
Where is this flex space located?
The property is located at 151 College Dr Orange Park, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 6,600 square foot building nearing completion; Ability to divide into 2,200 square foot bays; Suitable for investors
