Hospital-Adjacent Medical
1715 Village Way Orange Park, FL 32073
1715 Village Way, Orange Park, FL, 32073
Contact for pricing
For Sale
Contact for pricing
Hospital-adjacent medical office with an occupied specialty practice plus vacant lower-level space for lease or expansion.
Property Size5,377 SF
Price / SF$223.17
Days on Market23
Property Features for 1715 Village Way
General Information
- Standard status
- Active
- Size
- 5,377 SF
- Property subtype
- Office
Building Details
- Year Built
- 1992
Listing agency
Landmark Commercial Realty Group Inc
(904) 477-1017
Listed by
Stephen Nebrat · License #BK605752
Source
Crexi
Added: Jun 30 Updated: Jul 22 at 2:02PM Checked: Jul 22 at 2:02PM
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 Landmark Commercial Realty Group Inc
Investment Insights
Based on property information with market context.
Hospital-adjacent medical office property featuring an established specialty practice in 3,698 square feet with NNN pricing at $24.42 per square foot and full operating expense reimbursement. The building also includes 1,679 square feet of vacant lower-level space, offering options for lease-up, practice expansion, or a specialty build-out.
Located at 1715 Village Way in Orange Park, Florida, the property sits less than one mile from HCA Florida Orange Park Hospital, supporting durable referral-driven demand.
Total building size is 5,377 square feet, providing a straightforward mix of occupied space and available lower-level area for a medical tenant looking to grow or for an investor seeking additional income opportunities.
Located at 1715 Village Way in Orange Park, Florida, the property sits less than one mile from HCA Florida Orange Park Hospital, supporting durable referral-driven demand.
Total building size is 5,377 square feet, providing a straightforward mix of occupied space and available lower-level area for a medical tenant looking to grow or for an investor seeking additional income opportunities.
Key Highlights
- Hospital‑adjacent medical office less than 1 mile from HCA Florida Orange Park Hospital
- 3,698 SF occupied specialty practice at $24.42/SF NNN with full operating expense reimbursement
- Includes 1,679 SF vacant lower‑level space for lease, expansion, or specialty build‑out
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 | $129.0k | $24.00 |
| − Vacancy | −$28.6k | −$5.33 |
| EGI | $100.4k | $18.67 |
| − OpEx | −$25.1k | −$4.67 |
| NOI | $75.3k | $14.00 |
5,377 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.08M
$941.3K – $1.26M
NOI $75,300 @ 7.0% cap · market cap 6.28%
Second Best
Healthcare Medical
$1.02M
$894.3K – $1.19M
NOI $71,544 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,399 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Chris Moore MD
Physician
Dr. Marc H. ...
Physician
Urology Associates of NE ...
Physician
Blasser Marc H ...
Physician
Kaelin James E ...
Physician
Similar For Sale Nearby
Similar Off Market 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
FAQs
What type of property is this?
Medical Office Space - Hospital-adjacent medical office with an occupied specialty practice plus vacant lower-level space for lease or expansion.
Where is this medical office space located?
The property is located at 1715 Village Way 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: Hospital‑adjacent medical office less than 1 mile from HCA Florida Orange Park Hospital; 3,698 SF occupied specialty practice at $24.42/SF NNN with full operating expense reimbursement; Includes 1,679 SF vacant lower‑level space for lease, expansion, or specialty build‑out
