New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Medical Office Space
1715 Vlg Way Orange Park, FL 32073-5263
Entity Owned
2-yr Hold
Free & Clear
Property ID
US19-0860653
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Construction
WOOD
Total area
5,377 SF
Lot
0.84 ac (36,540 SF)
Zoning code
CPO
APN
41-04-26-019509-000-00
UPID
US19-0860653
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
-
Chris Moore MD Physician Medical Clinic
-
Dr. Marc H. Blasser, MD Physician Medical Clinic
-
Urology Associates of NE Florida Physician Medical Clinic
-
Blasser Marc H MD Physician Medical Clinic
-
Kaelin James E MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$902k
Blend (final)
Blend
$1.06M
Owner & transaction history
Med LLC · 2 yrs held
Med LLC
since 2023
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
CPO · Orange Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,160,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,150,000
Current use
AUTO REPAIR, GARAGE
$1,010,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.03M (Jul 21 2023)
Last sale anchor
$1.03M
Jul 21 2023
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
$197 / 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
$12,050
Tax year 2023
Assessed value
$688,795
Assessed 2023
Previous assessed
$607,793
+13.3% YoY
Effective rate
1.75%
On assessed value
Assessed land
$219,240
Assessed improvement
$469,555
Land market value
$219,240
Improvement market value
$469,555
Total market value
$688,795
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Rooms
9
Total area
5,377 SF
Lot
0.84 ac (36,540 SF)
Zoning code
CPO
APN
41-04-26-019509-000-00
UPID
US19-0860653
Jurisdiction
CLAY
Zoning & alternative use
CPO · Orange Park, FL
Zoning CPO · permitted uses
CPO · 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
MEDICAL BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
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
1992
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
9
Lot
0.84 ac
Current owner
From public records · entity-resolved
Med LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6225 GDN RD, SPRINGFIELD, VA 22152-1505
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2023
$1,030,700
Med LLC
Village Way Properties LLC
Special Warranty Deed
—
Jun 11, 2007
$675,000
Village Way Properties LLC
Kaelin,susan M
Warranty Deed
$683,707 · Amsouth Bank
Aug 12, 2004
—
Kaelind Susan M Trust
Kaelin,james E & Susan I
Quit Claim Deed
related
—
Feb 9, 1999
$213,800
James E Kaelin
Bearss,rollin W & Sharon
Grant Deed
—
—
—
Village Way Properties LLC
—
Loan Modification
related
$683,707 · Regions 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1715 Vlg Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
