Storefront Property with Central
For Sale
$2,195,000
1956 Kingsley Ave, Orange Park, FL 32073
Built in 1970, the property offers central air conditioning for commercial occupancy.
Property Size8,744 SF
Days on Market148
Property Features for 1956 Kingsley Ave
General Information
Standard status
Active
Size
8,744 SF
Taxes and HOA fees
Annual Taxes
$6,983
Amenities
Accessible Entrance
Central Air
Building Details
Building Size
8,744 SF
Year Built
1970
Listing Agency:
COMPASS FLORIDA LLC
Listed By:
Brad Kuskin · License #3333122
(561) 232-7899
Source:
Evrealestate
Added: May 22
Changed: Oct 14
Last Checked: Oct 14 at 10:18PM
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 COMPASS FLORIDA LLC
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Investment Insights
Based on property information with market context.
This storefront property at 1956 Kingsley Ave in Orange Park, Florida, was built in 1970 and includes central air conditioning.
Access is available from I-295 via US-17 South, followed by Kingsley Avenue. The property is approximately 1.5 miles from the US-17 South exit and about 2.2 miles west along Kingsley Avenue, near the Blanding Boulevard intersection in Clay County.
Access is available from I-295 via US-17 South, followed by Kingsley Avenue. The property is approximately 1.5 miles from the US-17 South exit and about 2.2 miles west along Kingsley Avenue, near the Blanding Boulevard intersection in Clay County.
Key Highlights
- Storefront property at 1956 Kingsley Ave, Orange Park, FL 32073
- Built in 1970
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,826
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,976,520
$2.0M
Cap Rate 7%
$1,411,800
$1.4M
Cap Rate 9%
$1,098,067
$1.1M
Market Conditions
NOI Build-Up for 8,744 SF
Gross rent
$157.4K $18.00/SF
− Vacancy
−$16.2K −$1.85/SF
EGI
$141.2K $16.15/SF
− OpEx
−$42.4K −$4.84/SF
NOI
$98.8K $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%
$1,976,520
Cap Rate 7%
$1,411,800
Cap Rate 9%
$1,098,067
Alternative Uses
Best Use
Retail
$1.41M
$1.24M – $1.65M
NOI $98,826 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,268 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,618
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Park Avenue Florist & Gift Shop — 347 Blanding Blvd, Orange Park, FL 32073
- Park Avenue Florist And Gift Shop — 347 Blanding Blvd, Orange Park, FL 32073
Frequently Asked Questions
What type of property is this?
Storefront property - Built in 1970, the property offers central air conditioning for commercial occupancy.
Where is this storefront property located?
The property is located at 1956 Kingsley Ave Orange Park, FL.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Storefront property at 1956 Kingsley Ave, Orange Park, FL 32073; Built in 1970; Central air conditioning
