Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    406-410 Old Hard Rd Fleming Island, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime commercial space for restaurant, office, and retail use.

    Type:RETAIL
    Property size:
    1,320 SF
    Lot size:
    1.72 Acres
    Added:
    Sep 26, 2024
    Days on Market:
    576
    Last Refresh:
    Apr 5 at 9:51 pm

    Property Features for 406-410 Old Hard Rd

    General Information

    Standard status
    Active
    Size
    1,320 SF
    Lot size
    1.72 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 406-410 Old Hard Rd Contact us

    We can help!

    Listing Contact
    Dave Gaglione

    Listing agent Dave Gaglione

    Listing office Ash Properties

    Listing date Sep 26, 2024

    Source Moodyscre

    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 Ash Properties

    Overview

    Fleming Island Commercial Leasing Space

    This commercial space is located in the center of Fleming Island. It is suitable for a restaurant, corporate headquarters, executive office suites, or specialty retail shops. The available restaurant space includes outdoor seating. The property size is 1320 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fleming Island
    County
    Clay
    State
    Florida
    Longitude
    -81.7174
    Latitude
    30.0838

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      FL, Fleming Island, Town Center Blvd

      1845 Town Center Blvd, Unit 205, Fleming Island, FL 32003
      View Details
    • Contact for pricing

      Retail Space on CR 220

      Retail space with excellent visibility in Fleming Island trade area.
      1489 County Rd 220, Fleming Island, FL
      View Details
    • Contact for pricing

      Fleming Island Retail Space Available

      Retail space available in a high-traffic Fleming Island location.
      1605 County Rd 220, Fleming Island, FL
      View Details
    • Contact for pricing

      Retail Space in Fleming Island

      Retail space available in a high-traffic Fleming Island plaza.
      1615 County Rd 220, Fleming Island, FL
      View Details
    • Contact for pricing

      Retail/Office Space on US Hwy 17

      Retail or office space available for rent on US Hwy 17.
      3555 US Hwy 17, Fleming Island, FL
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Move-in ready medical office space near Hwy 17.
      1681 Eagle Harbor Parkway, Fleming Island, FL
      View Details
    • Contact for pricing

      Move-in Ready Medical Suites Available

      Medical suites available for lease in Fleming Island.
      1679 Eagle Harbor Parkway, Fleming Island, FL
      View Details
    • Contact for pricing

      Retail Space in Fleming Island

      Retail property serving affluent neighborhoods with high traffic counts.
      1985-1999 Eastwest Pkwy, Fleming Island, FL
      View Details
    • Contact for pricing

      Freestanding Building in Fleming Island

      6,895 SF former bank with drive-thru in Fleming Island.
      1711 Eagle Harbor Pkwy, Fleming Island, FL
      View Details
    • Contact for pricing

      Move-in Ready Medical Space

      Medical space for rent in Fleming Island medical campus.
      1675 Eagle Harbor Pkwy, Fleming Island, FL
      View Details
    • Contact for pricing

      Fleming Island Retail Space Available

      Second generation retail space with drive-thru in Fleming Island.
      2349 Village Square Pkwy, Fleming Island, FL 32003
      View Details
    • $20 SF/Yr

      Retail Spaces in Fleming Island

      Retail spaces for lease in a recently-constructed shopping center.
      4701 US Hwy 17, Fleming Island, FL
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime commercial space for restaurant, office, and retail use.
    Where is this restaurant located?
    The property is located at 406-410 Old Hard Rd Fleming Island, FL.
    What are key features of this property?
    This property features: Prime commercial leasing space ideal for restaurant, corporate headquarters, executive office suites, and retail shops.; Desirable location in the center of Fleming Island.; Available restaurant space.
    (904) 992-9000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dave Gaglione
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!