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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Strip malls
1632 Park Ave Orange Park, FL 32073-4911
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9037897
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,238 SF
Lot
1.72 ac (75,048 SF)
Zoning code
CG
APN
41-04-26-018765-000-00
UPID
US18-9037897
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
-
Fantastic Floors Carpet & Flooring Store Hardware & Home Improvement
-
Resellers Reef (Bike/Boat/Book/etc) Store
-
Amazon Hub Counter - The Key to Glam Boutique Courier Service Postal Service
-
Tree Pros of Florida Landscaping General Contractor
-
Cool Breeze Tan Tanning Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
Fantastic Floors Of Ne Florida LLC · 9 yrs held
Fantastic Floors Of Ne Florida LLC
since 2017
7 recorded transactions
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
Retail stores
$2.7M
+12.4%
Warehouse, storage
$2.4M
+0.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,395,000
Current use
RETAIL STORES
$2,690,000
Change: +12% · Conversion: Easy
WAREHOUSE, STORAGE
$2,410,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,000,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10%
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
$103 / 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
$36,073
Tax year 2023
Assessed value
$2,100,000
Assessed 2023
Previous assessed
$1,800,000
+16.7% YoY
Effective rate
1.72%
On assessed value
Assessed land
$822,690
Assessed improvement
$1,277,310
Land market value
$822,690
Improvement market value
$1,277,310
Total market value
$2,100,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
OTHER
Buildings
2
Stories
1
Units
6
Rooms
1
Total area
16,238 SF
Lot
1.72 ac (75,048 SF)
Zoning code
CG
APN
41-04-26-018765-000-00
UPID
US18-9037897
Jurisdiction
CLAY
Zoning & alternative use
CG · Orange Park, FLZoning 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
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.4M
RETAIL STORES
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
6
Rooms
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
Fantastic Floors Of Ne Florida LLC
Entity
Mailing address
2770 ROSEBAY DR, ORANGE PARK, FL 32065-5846
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2021
—
Fantastic Floors Of Ne Florida LLC
—
Deed
related
$1,569,013 · Valley Bank
Jan 17, 2020
—
Fantastic Floors Of Ne Florida In
—
Deed
related
$1,550,000 · Ameris Bk
Jul 20, 2018
—
Fantastic Floors Of Ne Florida Ll
—
Deed Of Trust
related
$1,550,000 · Ameris Bk
Jun 30, 2017
—
Fantastic Floors Of Ne Florida Ll
—
Deed
related
$250,000 · Ameris Bk
Jun 6, 2017
$775,000
Fantastic Floors Of Ne Florida LLC
Db Selective Insurance Group INC
Special Warranty Deed
$588,367 · Ameris Bank
Mar 18, 2011
$1,537,800
Db Selective Ins Group INC
1632 Park Avenue LLC
Grant Deed
—
Sep 16, 2008
$850,000
1632 Park Avenue LLC
Walker Kathleen T
Warranty Deed
—
Sep 16, 2008
—
Naomi T Hightower
Walker,robert D
Affidavit Of Death
related
—
—
—
Fantastic Floors Of Ne Florida In
—
Loan Modification
related
$1,240,000 · Ameris Bk
—
—
Fantastic Floors Of Ne Florida In
—
Loan Modification
related
$1,550,000 · Ameris Bk
—
—
Fantastic Floors Of Ne Florida Ll
—
Deed Of Trust
related
$250,000 · Ameris Bk
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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