Fully Occupied Office
For Sale
$899,000
2301 PARK Avenue, Orange Park, FL 32073
Commercial Sale, Orange Park, FL
Property Size5,092 SF
Lot Size0.12 Acres
Price / SF$176.55
Days on Market954
Property Features for 2301 PARK Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
Parking features
Assigned
Directions
From the intersection of I-295 and Hwy 17, head South on Hwy 17 (approximately 8 traffic lights) and the building will be on the Left.
Subdivision
137-Doctor's Lake
Standard status
Active
APN
41-04-26-018963-019-00
Size
5,092 SF
Lot size
0.12 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1976
Floors in Building
1
Number of units
4
Listing Agency:
CB ISAAC REALTY
(352) 475-2199
Listed By:
JESSICA GENHOLD · License #3390875
(352) 478-4488
Added: Mar 7, 2024
Changed: Oct 16
Last Checked: Oct 17 at 1:06AM
MLS# 2013145
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.
This 5,092-square-foot office building on a 0.12-acre lot was constructed in 1976 and is fully occupied by four businesses. Long-term leases are in place, providing an established occupancy profile for the property. Interior features include four bathrooms, while central heating and central air support the building’s climate control.
The property is positioned just off Hwy 17 in Orange Park, placing the office asset near an active roadway. Assigned parking serves the occupants, and the property is connected to public water and public sewer systems.
The property is positioned just off Hwy 17 in Orange Park, placing the office asset near an active roadway. Assigned parking serves the occupants, and the property is connected to public water and public sewer systems.
Key Highlights
- 5,092‑square‑foot office building on a 0.12‑acre lot
- 100% occupied by 4 businesses
- Long‑term leases in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,308
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,426,160
$1.4M
Cap Rate 7%
$1,018,686
$1.0M
Cap Rate 9%
$792,311
$792.3K
Market Conditions
NOI Build-Up for 5,092 SF
Gross rent
$122.2K $24.00/SF
− Vacancy
−$27.1K −$5.33/SF
EGI
$95.1K $18.67/SF
− OpEx
−$23.8K −$4.67/SF
NOI
$71.3K $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%
$1,426,160
Cap Rate 7%
$1,018,686
Cap Rate 9%
$792,311
Alternative Uses
Best Use
Office B
$1.02M
$891.4K – $1.19M
NOI $71,308 @ 7.0% cap · market cap 7.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,078 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Four businesses operate under long-term leases in a centrally cooled office property with assigned parking.
Where is this office building located?
The property is located at 2301 PARK Avenue Orange Park, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 5,092‑square‑foot office building on a 0.12‑acre lot; 100% occupied by 4 businesses; Long‑term leases in place
