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    1709 Blanding Blvd Middleburg, FL 32068-3837
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    Property profile & analytics

    1709 Blanding Blvd, Middleburg, FL 32068-3837

    View on Map
    • Warehouses
    • 108,233 SF
    • 3.55 lot acres
    Off-Market
    Property ID
    US18-5412909
    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.
    Value Estimations
    $14,990,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Extra Space Storage / Storage Facility

    Property Details for 1709 Blanding Blvd

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.55 lot acres
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    32-04-25-008101-040-55
    APU
    32042500810104055

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $16,730,000
      6.5%
      $15,440,000
      7%
      $14,340,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $17,236,000
      Market price range: $8.25M - $19.0M
      AI Estimate
      $12,288,000
      Market price range: $5.72M - $12.3M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $12,380,000
      Current use
      AUTO REPAIR, GARAGE
      $20,380,000
      Change: +65% Conversion: Easy
      COMMERCIAL (GENERAL)
      $17,870,000
      Change: +44% Conversion: Difficult
      RETAIL STORES
      $16,435,000
      Change: +33% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $15,950,000
      Change: +29% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Middleburg
    County
    Clay
    State
    Florida
    Longitude
    -81.8232
    Latitude
    30.1072
    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
    $111,345
    $2,164,932
    $6,595,068
    $8,760,000
    -
    $2,164,932
    $6,595,068
    $8,760,000

    Comparable in this City

    • Value Estimation
      $5,450,000
      9,330 SF

      4404 County Rd 218

      MINI-WAREHOUSE, STORAGE
      4404 County Rd 218, Middleburg, FL 32068-4853
      View Details
    • Value Estimation
      $580,000
      4,300 SF

      5124 County Rd 218

      MINI-WAREHOUSE, STORAGE
      5124 County Rd 218, Middleburg, FL 32068-3554
      View Details
    • Value Estimation
      $6,170,000
      63,626 SF

      2406 Hutton Ct

      MINI-WAREHOUSE, STORAGE
      2406 Hutton Ct, Middleburg, FL 32068-5275
      View Details
    • Value Estimation by Request
      2,400 SF

      1635 Farm Way Ste, Unit 408

      WAREHOUSE, STORAGE
      1635 Farm Way Ste, Middleburg, FL 32068-7770
      View Details
    • Value Estimation by Request
      1,737 SF

      2779 Blanding Blvd

      WAREHOUSE, STORAGE
      2779 Blanding Blvd, Middleburg, FL 32068-5649
      View Details
    • Value Estimation by Request
      1,703 SF

      2889 Blanding Blvd

      WAREHOUSE, STORAGE
      2889 Blanding Blvd, Middleburg, FL 32068-6336
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,400 SF

      4170 Co Rd 218, Middleburg, FL 32068

      Mixed-use properties
      4170 County Road 218, Middleburg, FL 32068
      View Details
    • $125,000
      1.05 Acres

      Residential Lot in Middleburg, FL

      1.05-acre residential lot near Jacksonville South community.
      2223 Cosmos Ave, Middleburg, FL 32068
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    • $1,200,000

      Middleburg Commercial Investment Opportunity

      Flexible commercial space ideal for investors or owner-users.
      430 College Dr, Middleburg, FL 32068
      View Details
    • Contact for pricing
      44,866 SF

      Commercial Property in Middleburg

      Cleared commercial property in the up and coming town.
      4164 County Road 218, Middleburg, FL 32068
      View Details
    • Contact for pricing
      893,415 SF

      Land on Discovery Road

      Land with accessibility, visibility, and development potential.
      1000 Discovery Dr, Middleburg, FL 32068
      View Details
    • $100,000
      2.36 Acres

      Residential Land in Growing Middleburg

      2.36 acre residential land near Jacksonville and Black Creek.
      4930 Chickpea St, Middleburg, FL 32068
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      69,450 SF

      Class A Storage Asset

      Newly developed storage facility in Clay Town Center.
      3764 Jacobs Xing, Middleburg, FL 32068
      View Details
    • Contact for pricing

      Move-In Ready Medical Office Space

      Well-maintained commercial space suitable for medical or professional uses.
      3180 County Road 220, Middleburg, FL 32068
      View Details
    • Contact for pricing

      Retail Anchor Box in Middleburg

      24,760 SF retail space available for sublease in Middleburg.
      2720 Blanding Blvd, Middleburg, FL 32068
      View Details
    • Contact for pricing
      5,440 SF

      Retail Space in Clay County

      Retail space for lease in a high-traffic commercial hub.
      1786 Blanding Blvd, Middleburg, FL 32068
      View Details
    • Contact for pricing
      1,200 SF

      Modern Retail Space Available

      Retail space featuring modern architecture, ample parking, and natural light.
      2550 County Road 220, Middleburg, FL 32068
      View Details
    • Contact for pricing

      Medical Office Space For Lease

      Medical office space available for lease.
      400 College Dr, Middleburg, FL 32068
      View Details
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    Middleburg, FL 32068-3837
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    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
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