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Property profile & analytics
OFF-MARKET Estimated value $1,270,000
Strip malls

1600 Park Ave Orange Park, FL 32073-4999

13,567 SF 1.73 ac lot Built 1998
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-3509978
Property summary
AI-generated overview

This exceptional 2,400 square foot medical office space is situated at 1600 Park Avenue in Orange Park, Florida, within Clay County (zip code 32073). The single-tenant property is part of a larger 12,075 square foot building situated on a 1.73-acre lot. The building offers a convenient and highly visible location, easily accessible from I-295 and boasting high traffic counts on Park Avenue (approximately 61,500 AADT) and Kingsley Avenue (approximately 29,500 AADT). Its strategic placement near Orange Park Medical Center (a 317-bed facility) and Naval Air Station Jacksonville ensures a strong patient base and high visibility. The interior layout is well-designed for medical practices, featuring a reception/waiting area, six patient rooms, a procedure room, an X-ray room, a lab, a break room, and ample storage space. The property's proximity to Orange Park Mall and Fleming Island further enhances its appeal and accessibility. This is a rare opportunity to acquire a well-established medical office space in a thriving location. The property is currently listed with 2,400 square feet of vacant space. The cross street is Kingsley Avenue.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,567 SF
Lot 1.73 ac (75,228 SF)
Zoning code CG
APN 41-04-26-018759-001-00
UPID US18-3509978
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
  • Physician's Group, LLC Alternative Medicine Practice
  • Amy Massage Spa Alternative Medicine Practice Spa & Massage Center
  • Vita Spa of Jacksonville FL Spa & Massage Center
  • H&R Block Tax Preparation
  • Scanlon Accounting & Tax Services Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.59M
Blend (final) Blend
$1.27M
Owner & transaction history
Park Plaza Investments LLC · 8 yrs held
Park Plaza Investments LLC
since 2018
2 recorded transactions
2018
$1.4M
1969
Price N/A
Zoning & alternative use
CG · Orange Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is intended to provide the retail sales and services for the community as a whole

Zone name Commercial General
General category COMMERCIAL
Zone area 131.04 ac
Source Realmo
Top alternative use upside
Warehouse, storage $2.0M +0.8%
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