Tenant-Occupied Medical Office
For Sale
$600,000
859 PARK Avenue, Orange Park, FL 32073
Commercial Sale, Orange Park, FL
Property Size3,072 SF
Lot Size0.10 Acres
Price / SF$195.31
Days on Market143
Property Features for 859 PARK Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning description
Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Parking features
Parking Lot
Lot features
Cleared
Directions
Use the right 2 lanes to take the exit toward US-17 S,Use the left 3 lanes to take the ramp to US-17 S,Use any lane to turn left onto US-17 S,Keep left to continue on US-17 S/Park Ave, turn left Destination will be on the left.
Subdivision
133-North Orange Park
Standard status
Active
APN
41042601859500000
Size
3,072 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5181
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1988
Floors in Building
1
Number of units
1
Building materials
Stucco
Listing Agency:
COLDWELL BANKER VANGUARD REALTY · Coldwell Banker Real Estate
(904) 269-7117
Listed By:
GARRETT SHANE STEWART
(904) 518-8806
Added: May 18
Changed: Sep 12
Last Checked: Oct 7 at 7:06PM
MLS# 2146114
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.
Investment Insights
Based on property information with market context.
This 3,072-square-foot medical office space occupies a 0.1-acre parcel and is currently tenant-occupied. Built in 1988, the property includes a flexible office layout with three bathrooms, central heating and central air conditioning. Stucco construction and an on-site parking lot add to the practical configuration, while public water and public sewer serve the property.
The building is positioned just off US-17 in Orange Park, providing access to the surrounding business area, retail, dining, and major roadways. Its existing office configuration can accommodate professional business operations, medical services, legal practices, or other general office uses supported by the current layout.
The building is positioned just off US-17 in Orange Park, providing access to the surrounding business area, retail, dining, and major roadways. Its existing office configuration can accommodate professional business operations, medical services, legal practices, or other general office uses supported by the current layout.
Key Highlights
- 3,072 square feet of medical office space on a 0.1‑acre parcel
- Currently tenant‑occupied
- Built in 1988 with stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,020
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,400
$860.4K
Cap Rate 7%
$614,571
$614.6K
Cap Rate 9%
$478,000
$478.0K
Market Conditions
NOI Build-Up for 3,072 SF
Gross rent
$73.7K $24.00/SF
− Vacancy
−$16.4K −$5.33/SF
EGI
$57.4K $18.67/SF
− OpEx
−$14.3K −$4.67/SF
NOI
$43.0K $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%
$860,400
Cap Rate 7%
$614,571
Cap Rate 9%
$478,000
Alternative Uses
Best Use
Office B
$614.6K
$537.8K – $717.0K
NOI $43,020 @ 7.0% cap · market cap 7.17%
Second Best
Healthcare Medical
$583.9K
$510.9K – $681.3K
NOI $40,875 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$819.4K
$717.0K – $956.0K
NOI $57,360 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
Well-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Central HVAC, a parking lot, and public utilities support a functional professional office setting.
Where is this medical office space located?
The property is located at 859 PARK Avenue 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: 3,072 square feet of medical office space on a 0.1‑acre parcel; Currently tenant‑occupied; Built in 1988 with stucco construction
