Two-Unit Medical
New
For Sale
$950,000
1906 DEBARRY Avenue, Orange Park, FL 32073
Commercial Sale, Orange Park, FL
Property Size3,408 SF
Lot Size0.51 Acres
Price / SF$278.76
Days on Market4
Property Features for 1906 DEBARRY Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Professional/Office
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Lot features
Few Trees
Directions
Step-by-Step Directions Head south on Blanding Blvd (SR 21) Drive until you reach the Kingsley Avenue (SR 224) intersection. Turn left (east) onto Kingsley Ave (SR 224) Continue about 0.3-0.5 mile
Subdivision
132-Bellair/Grove Park
Standard status
Active
APN
41042602025500000
Size
3,408 SF
Lot size
0.51 Acres
Additional Details
Property Use
Medical Office
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7431
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1978
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile
Building materials
Brick, Concrete
Roof type
Shingle
Listing Agency:
FORWARD REAL ESTATE INVESTMENT GROUP LLC
Listed By:
LARRY BOYLES · License #3279114
(904) 655-7778
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 5 at 3:06AM
MLS# 2171895
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 3,408-square-foot medical office at 1906 DeBarry Avenue is arranged as two separate units on a 0.51-acre parcel. The first unit has six patient rooms, three bathrooms, a kitchen and lab area, a physician’s office with private bathroom, a manager’s office, and storage. The second includes an EKG/patient room, an X-ray room, a utility room, a kitchen, a physician’s office with private bathroom, two additional bathrooms, a lobby, a separate waiting area, and storage. The building was constructed in 1978 and has a ramped accessible approach. Roof and HVAC replacements are planned.
Located in Orange Park, the property has CN zoning; buyers should confirm zoning and permitted uses with the Town of Orange Park. Public water and sewer serve the site, and parking is available in an on-site lot.
Located in Orange Park, the property has CN zoning; buyers should confirm zoning and permitted uses with the Town of Orange Park. Public water and sewer serve the site, and parking is available in an on-site lot.
Key Highlights
- Two medical office units totaling 3,408 square feet
- 0.51‑acre parcel in Orange Park
- Unit 1 has six patient rooms, three bathrooms, kitchen/lab space, and two offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,726
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$954,520
$954.5K
Cap Rate 7%
$681,800
$681.8K
Cap Rate 9%
$530,289
$530.3K
Market Conditions
NOI Build-Up for 3,408 SF
Gross rent
$81.8K $24.00/SF
− Vacancy
−$18.2K −$5.33/SF
EGI
$63.6K $18.67/SF
− OpEx
−$15.9K −$4.67/SF
NOI
$47.7K $14.00/SF
Area
Clay County, FL
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$954,520
Cap Rate 7%
$681,800
Cap Rate 9%
$530,289
Alternative Uses
Best Use
Office B
$681.8K
$596.6K – $795.4K
NOI $47,726 @ 7.0% cap · market cap 5.02%
Second Best
Healthcare Medical
$647.8K
$566.8K – $755.8K
NOI $45,345 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$909.1K
$795.4K – $1.06M
NOI $63,634 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - CN-zoned facility combines clinical rooms, administrative offices, and on-site parking.
Where is this medical office space located?
The property is located at 1906 DEBARRY Avenue Orange Park, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two medical office units totaling 3,408 square feet; 0.51‑acre parcel in Orange Park; Unit 1 has six patient rooms, three bathrooms, kitchen/lab space, and two offices
