Versatile Office Space For
859 PARK Avenue 102 Orange Park, FL 32073
859 PARK Avenue 102, Orange Park, FL, 32073
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For Sale
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Spacious commercial unit in Orange Park, ideal for investors.
Property Size3,000 SF
Price / SF$200
Days on Market60
Property Features for 859 PARK Avenue 102
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1988
Listing Agency
Coldwell Banker Commercial Vanguard Realty
Listed by
Garrett stewart · License #FL 170493
Source
Crexi
Added: May 18 Checked: Jul 16 at 6:11 am
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 Coldwell Banker Commercial Vanguard Realty
Investment Insights
Based on property information with market context.
This commercial unit features over 3,000 square feet of office space in a visible location off US-17. Currently tenant-occupied, the property is suited for investors seeking income or future owner-users. The layout accommodates professional, medical, legal, or general business use, with space for private offices, conference rooms, reception areas, and collaborative workspaces. The property is located in Orange Park, with access to roadways, retail, dining, and business centers, offering visibility and long-term value.
Key Highlights
- High‑visibility location off US‑17 in the heart of Orange Park.
- Boasting over 3,000 square feet of versatile office space.
- Currently tenant‑occupied, providing immediate income potential.
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 | $72.0k | $24.00 |
| − Vacancy | −$16.0k | −$5.33 |
| EGI | $56.0k | $18.67 |
| − OpEx | −$14.0k | −$4.67 |
| NOI | $42.0k | $14.00 |
3,000 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$600.2K
$525.2K – $700.2K
NOI $42,012 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$800.2K
$700.2K – $933.6K
NOI $56,016 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
J&M Roofing Orange ...
Roofing Company
Vann Insurance
Insurance Agency
Tech Finger, LLC
Computer & Electronic Repair
Kemner Nancy Law ...
Law Firm
Florida Pain Physicians
Physician
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FAQs
What type of property is this?
Office units - Spacious commercial unit in Orange Park, ideal for investors.
Where is this office units located?
The property is located at 859 PARK Avenue 102 Orange Park, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: High‑visibility location off US‑17 in the heart of Orange Park.; Boasting over 3,000 square feet of versatile office space.; Currently tenant‑occupied, providing immediate income potential.
