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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Warehouses
1035 Park Ave Orange Park, FL 32073-4121
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4958155
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
STEEL FRAME
Total area
3,744 SF
Lot
0.63 ac (27,600 SF)
Zoning code
CG
APN
41-04-26-018564-000-00
UPID
US18-4958155
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Gordon's Glass & Mirror Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$924k
Blend (final)
Blend
$855k
Owner & transaction history
Cleland Ventures INC · 4 yrs held
Cleland Ventures INC
since 2022
Last sale
$895,000
7 recorded transactions
Zoning & alternative use
CG · Orange Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$800,000
+43.7%
Auto repair, garage
$705,000
+26.8%
Retail stores
$620,000
+11.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Orange Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$765,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$555,000
Current use
MEDICAL BUILDING
$800,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$705,000
Change: +27% · Conversion: Easy
RETAIL STORES
$620,000
Change: +12% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $895k (Feb 23 2022)
Last sale anchor
$895k
Feb 23 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$228 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,219
Tax year 2023
Assessed value
$573,116
Assessed 2023
Previous assessed
$362,813
+58.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$303,600
Assessed improvement
$269,516
Land market value
$303,600
Improvement market value
$269,516
Total market value
$573,116
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Total area
3,744 SF
Lot
0.63 ac (27,600 SF)
Zoning code
CG
APN
41-04-26-018564-000-00
UPID
US18-4958155
Jurisdiction
CLAY
Zoning & alternative use
CG · Orange Park, FL
Zoning CG · permitted uses
CG · Orange Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$555,000
MEDICAL BUILDING
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$705,000
RETAIL STORES
Est. value
$620,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$550,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Cleland Ventures INC
Entity
Mailing address
4162 CHURCHWELL RD, JACKSONVILLE, FL 32210-5803
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
$895,000
Cleland Ventures INC
James E Gordon
Special Warranty Deed
$1,335,000 · Pinncacle Bank
Aug 8, 1997
$160,000
James E Gordon
Wilmington Trust Co Trustee
Grant Deed
$120,000 · Seller
—
—
James E Gordon
—
Deed Of Trust
related
$200,000 · Compass Bank
—
—
James E Gordon
—
Deed Of Trust
related
$150,000 · Compass Bank
—
—
James E Gordon
—
Deed Of Trust
related
$190,000 · Wells Fargo Bk
—
—
James E Gordon
—
Deed Of Trust
related
$77,210 · Florida Bank
—
—
James E Gordon
—
Deed Of Trust
related
$200,000 · Compass Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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