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    847 Park Ave Orange Park, FL 32073

    • Medical offices
    • 4,327 SF
    • 0.73 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $805,000
    Last Sale
    Apr 10, 2024
    $800,000
    Location Intelligence
    Property ID
    US18-5251937
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • William Raleigh Thompson Jr / Family Practice Physician / Health Care Facility
    • Park Medical Center / Doctor
    • Thompson Jr W Raleigh MD / Family Practice Physician

    Property Details for 847 Park Ave

    Year built
    1972
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.73 lot acres
    Property size
    4,327 SF
    Zone code
    CG
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    41-04-26-018594-000-00
    APU
    41042601859400000

    Description

    This exceptional 4,327 square foot commercial property, located on US-17 (Park Ave), offers flexible and customizable space ideal for various businesses. Three suites are available, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 4,327 square feet. The building boasts 115 feet of road frontage on a busy thoroughfare experiencing over 61,000 vehicles daily, ensuring excellent visibility and accessibility. Features include drive-in/drive-out access, ample disabled parking, and secure building access. The interior layout is adaptable, accommodating diverse needs with options for reception areas, open spaces, private rooms, and multiple restrooms. This property presents a unique opportunity to establish a strong presence in a high-traffic location. The entire building is currently vacant, providing a blank canvas for your business. The prominent location and high visibility make this an ideal space for businesses seeking maximum exposure. Don't miss this chance to secure a prime commercial space in a thriving area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $800,000

    • CAP approach

      CAP return
      Estimation
      6%
      $745,000
      6.5%
      $850,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $830,000
      Geo Method
      $905,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $740,000
      Retail
      $710,000
      Mixed-Use
      $810,000
      Hospitality
      $785,000
      Educational
      $885,000
      Residential Income
      $850,000
      Energy
      $725,000
      Income-Based Land
      $705,000
      Food Service
      $835,000

    Location Insight

    • Map
    • Local Demand
    City
    Orange Park
    County
    Clay
    State
    Florida
    Longitude
    -81.7007
    Latitude
    30.1797
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,439
    $371,500
    $271,931
    $643,431
    -
    $371,500
    $271,931
    $643,431

    Comparable in this City

    • Value Estimation by Request
      6,145 SF

      280 Corporate Way

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      2,873 SF

      2153 Kingsley Ave

      MEDICAL BUILDING • 2,873 SF
      2153 Kingsley Ave, Orange Park, FL 32073-5113
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    • Value Estimation by Request
      5,915 SF

      1996 Kingsley Ave

      MEDICAL BUILDING • 5,915 SF
      1996 Kingsley Ave, Orange Park, FL 32073-4442
      View Details
    • Value Estimation
      $245,000
      1,402 SF

      2140 Kingsley Ave Ste, Unit 11

      MEDICAL BUILDING • 1,402 SF
      2140 Kingsley Ave Ste, Orange Park, FL 32073-5129
      View Details
    • Value Estimation by Request
      3,499 SF

      2140 Kingsley Ave Ste, Unit 3

      MEDICAL BUILDING • 3,499 SF
      2140 Kingsley Ave Ste, Orange Park, FL 32073-5129
      View Details
    • Value Estimation
      $620,000
      4,778 SF

      1409 Kingsley Ave Ste, Unit 8

      MEDICAL BUILDING • 4,778 SF
      1409 Kingsley Ave Ste, Orange Park, FL 32073-4553
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Kingsley Ave Office Space for Lease

      Prime Orange Park Office, 1,000 sq ft available
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    • $15 SF/Yr
      4,327 SF

      US-17 Retail/Office Space for Lease

      Prime Retail & Office Suites Available
      847 Park Ave, Orange Park, FL 32073
      View Details
    • $23 SF/Yr
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      Orange Park Medical Office Building

      Class-A Medical Office Space Available
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      Orange Park Medical Office Space

      Prime Medical Office: 1,875-4,579 SF Available
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    847 Park Ave
    Orange Park, FL 32073
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    Realmo Value Estimation

    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.

    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.

    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
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