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

    320 Corporate Way Orange Park, FL 32073

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Retail Space Available Now

    Lot size:
    52,620 SF

    Property Features for 320 Corporate Way

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,620 SF

    Spaces For Lease

    at 320 Corporate Way, Orange Park, FL 32073 Contact us

    We can help!

    Listing Contact
    Kristen Nimnicht

    Listing Agency: Lat Purser & Associates, Inc Listing Agent: Kristen Nimnicht

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional retail property, Wells Lake Commerce Center, located in Orange Park, Florida, offers a fantastic leasing opportunity. The center boasts a total of 52,620 square feet of commercial space, strategically situated at 320, 330, 340, & 350 Corporate Way, zip code 32073. Currently, there is 3,315 square feet of immediately available retail space perfect for a variety of businesses. The property is classified as multi-tenant, providing a vibrant and bustling atmosphere. The location in Clay County, Florida, offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The property's prime location in Orange Park provides easy access to major roadways and a thriving community. This is a rare opportunity to secure a well-positioned retail space in a dynamic and growing market. The available space is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. Don't miss this chance to secure your place in this thriving retail center. Contact us today to schedule a viewing and explore the possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    KBR Engineering Consultant Akh Inc Association / Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange Park
    County
    Clay
    State
    Florida
    Longitude
    -81.7121548
    Latitude
    30.1844302

    Nearby Similar for Lease

    • $2,850 /Mo
      1,444 SF

      Updated Medical Office Near Hospital

      Updated medical office space in Orange Park's Medical Arts Center.
      2140 Kingsley Ave, Orange Park, FL 32073
      View Details
    • Sponsored
      Contact for pricing

      FL, Fleming Island, Town Center Blvd

      Discover many ways to work your way in Greenwich
      1845 Town Center Blvd, Fleming Island, FL 32003
      View Details
    • Sponsored
      Contact for pricing

      FL, Orange Park - Crossing Blvd

      Discover many ways to work your way in Two Paragon Place
      330 Crossing Blvd, Orange Park, FL 32073
      View Details
    • New
      $900 /Mo
      720 SF

      Orange Park Office Space Available

      720 sqft office space suitable for professional business.
      767 A, Orange Park, FL 32065
      View Details
    • $900 /Mo
      5,250 SF

      Orange Park Commercial Space Available

      Vacant professional office space in a great location.
      1820 Park Ave, Orange Park, FL 32073
      View Details
    • $12 SF/Yr
      11,193 SF

      Retail Space in Patel Plaza

      Retail space in high-traffic area near major retailers.
      997 Blanding Blvd, Orange Park, FL 32065
      View Details
    • $18 SF/Yr
      1,364 SF

      Medical Office Space For Rent

      Office space available in a dense medical corridor.
      2020 Kingsley Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing

      Retail Space in Orange Park

      Retail spaces available in established Orange Park trade area.
      1910 Wells Rd, Orange Park, FL 32073
      View Details
    • Contact for pricing
      1,600 SF

      Retail Endcap Space Available

      1,600 SF endcap retail space on Park Avenue.
      1963 Park Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing
      8,740 SF

      Medical Office Space For Rent

      Move-in ready medical office space near Hwy 17.
      1681 Eagle Harbor Pkwy, Fleming Island, FL 32003
      View Details
    • Contact for pricing
      17,848 SF

      Showroom and Warehouse Space Available

      Spacious showroom and warehouse with high visibility and accessibility.
      1329 Park Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing
      6,612 SF

      Class A Medical Office Space

      New medical office building with high parking ratio.
      1847 Kingsley Ave, Orange Park, FL 32073
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail Space Available Now
    Where is this retail property located?
    The property is located at 320 Corporate Way Orange Park, FL.
    What are key features of this property?
    This property features: ±52,620 SF multi-tenant retail center in Orange Park, FL.; 3,315 SF of immediately available retail space.; Prime location with excellent visibility and accessibility near I-295, Blanding Blvd, and the Orange Park retail corridor.
    (904) 448-8007 Call to check price and availability
    Request Owner's contact information
    320 Corporate Way Orange Park, FL 32073
    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.
    320 Corporate Way
    Orange Park, FL 32073
    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
    320 Corporate Way Orange Park, FL 32073
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kristen Nimnicht
    Real Estate License ID: SL3039153
    (904) 448-8007 (904) 448-5040
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!