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

    400 College Dr Middleburg, FL 32068

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

    Medical office space available for lease.

    Type:Office
    Added:
    Dec 22, 2020
    Days on Market:
    1942
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 400 College Dr

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 400 College Dr Contact us

    Available Space $15 /Mo

    Size
    4,368 SF
    Type
    Office
    Contact us

    Available Space $15 /Mo

    Size
    1,565 SF
    Type
    Office
    Contact us

    Available Space 5 $15 /Mo

    Size
    4,243 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Chuck Diebel
    Chuck Diebel

    Listing agent Chuck Diebel License #FL BK564728

    Listing office Colliers - Jacksonville, Florida

    Listing date Dec 22, 2020

    Source Crexi

    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 Colliers - Jacksonville, Florida

    Overview

    Medical Office Space For Lease

    This property offers medical office space for lease. It is located at 400 College Dr in Middleburg, FL 32068. The property is suitable for commercial real estate purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Middleburg Community Based ... Hospital Middleburg VA Clinic Medical Clinic Pulmonary and Sleep Medicine ... Medical Clinic Margaret D. Hovda, ... Physician Rebecca Foster Foster Care Service

    Suggested Use

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

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

    Similar Places Nearby

    • Doctors Inlet Animal Hospital — 2495 County Rd 220, Middleburg, FL 32068
    • Wallace Jan DVM — 2495 County Rd 220, Middleburg, FL 32068

    Location Insight

    • Map
    • Local Demand
    City
    Middleburg
    County
    Clay
    State
    Florida
    Longitude
    -81.7771404
    Latitude
    30.1108816

    Nearby Similar for Lease

    • $22,344/mo

      Shell Office Space Available

      Shell office space with flexible suite sizes in Middleburg, FL.
      1811 BLANDING Boulevard, Middleburg, FL 32068
      View Details
    • $22,344/mo

      Commercial Space on Blanding Boulevard

      Commercial space available for lease on Blanding Boulevard.
      1811 BLANDING Boulevard, Middleburg, FL 32068
      View Details
    • Contact for pricing

      Retail Hub at Plantation Crossing

      Retail, medical, restaurant, and service spaces for lease.
      1782 Blanding Boulevard, Middleburg, FL 32068
      View Details
    • Contact for pricing

      Retail Anchor Box in Middleburg

      24,760 SF retail space available for sublease in Middleburg.
      2720 Blanding Blvd, Middleburg, FL 32068
      View Details
    • Contact for pricing

      Retail Hub at Plantation Crossing

      Retail, medical, restaurant, and service spaces available in Middleburg, FL.
      1782 Blanding Boulevard, Middleburg, FL 32068
      View Details
    • $25/mo

      Retail/Office Condo in Middleburg

      Retail/office condo with recent upgrades in Middleburg, Florida.
      2219 County Rd 220 , Middleburg, FL
      View Details
    • Contact for pricing

      Retail Building in Clay County

      7,000 SF retail building in a growing area.
      1567 Branan Field Rd, Middleburg, FL 32068
      View Details
    • Contact for pricing

      Medical Office Space Available

      Prime location near hospital hub, customizable layout up to 30,000SF.
      1716 Blanding Blvd, Middleburg, FL
      View Details
    • Contact for pricing

      Move-In Ready Medical Office Space

      Well-maintained commercial space suitable for medical or professional uses.
      3180 County Rd 220, Middleburg, FL 32068
      View Details
    • Contact for pricing

      Modern Retail Space Available

      Retail space featuring modern architecture, ample parking, and natural light.
      2550 County Road 220, Middleburg, FL
      View Details
    • $34/mo

      Retail Space For Rent

      Retail space available for lease in Middleburg, Florida.
      1615 Corsair Ln, Middleburg, FL
      View Details
    • Contact for pricing

      Retail Space in Clay County

      Retail space for lease in a high-traffic commercial hub.
      1786 Blanding Blvd, Middleburg, FL
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical office space available for lease.
    Where is this medical office space located?
    The property is located at 400 College Dr Middleburg, FL.
    What are key features of this property?
    This property features: Medical office for lease
    (904) 358-1206 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chuck Diebel
    Chuck Diebel
    Real Estate License ID: FL BK564728
    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!