Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1740 Wls Rd Orange Park, FL 32073-2328
    Back to Search
    Property profile & analytics

    1740 Wls Rd Orange Park, FL 32073-2328

    View on Map
    • Turn key restaurants
    • 3,518 SF
    • 0.61 lot acres
    Off-Market
    Last Sale Dec 8, 2025
    $1,250,000
    Property ID
    US18-0575235
    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
    $1,310,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1740 Wls Rd

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.61 lot acres
    Property size
    3,518 SF
    Property type
    Turn key restaurants
    APN
    05-04-26-010670-005-04
    APU
    5042601067000504

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,422,000
      Market price range: $827k - $3.04M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,970,000
      Current use
      OFFICE BUILDING
      $2,075,000
      Change: +5% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange Park
    County
    Clay
    State
    Florida
    Longitude
    -81.7273
    Latitude
    30.186
    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
    $8,401
    $296,164
    $257,213
    $553,377
    -
    $296,164
    $257,213
    $553,377

    Comparable in this City

    • Value Estimation by Request
      6,552 SF

      1760 Wls Rd

      RESTAURANT • 6,552 SF
      1760 Wls Rd, Orange Park, FL 32073-2328
      View Details
    • Value Estimation by Request
      2,722 SF

      1930 Kingsley Ave

      RESTAURANT • 2,722 SF
      1930 Kingsley Ave, Orange Park, FL 32073-4442
      View Details
    • Value Estimation by Request
      5,579 SF

      1976 Kingsley Ave

      RESTAURANT • 5,579 SF
      1976 Kingsley Ave, Orange Park, FL 32073-4442
      View Details
    • Value Estimation by Request
      7,322 SF

      2030 Wls Rd

      RESTAURANT • 7,322 SF
      2030 Wls Rd, Orange Park, FL 32073-2205
      View Details
    • Value Estimation by Request
      2,648 SF

      2023 Park Ave

      RESTAURANT • 2,648 SF
      2023 Park Ave, Orange Park, FL 32073-5521
      View Details
    • Value Estimation by Request
      5,336 SF

      1664 Wls Rd

      RESTAURANT • 5,336 SF
      1664 Wls Rd, Orange Park, FL 32073-2318
      View Details

    Similar Nearby for Sale

    • $57,500
      1,200 SF

      Profitable Restaurant Business in Mall

      Turnkey Mediterranean restaurant business for sale in Orange Park Mall.
      1910 Wells Rd, Orange Park, FL 32073
      View Details
    • $1,795,000
      1,767 SF

      Versatile Commercial Portfolio in Orange Park

      Three parcels with a leased building and expansion potential.
      1005 Park Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing
      2,460 SF

      High Exposure Out Parcel

      Out parcel with signalized intersection, available for ground lease/sale.
      486 Blanding Blvd, Orange Park, FL 32073
      View Details
    • Contact for pricing
      3,833 SF

      Historic Retail Space in Orange Park

      Retail shop with residential space in historic train station area.
      727 Kingsley Ave, Orange Park, FL 32073
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Strip Center Near Mall

      Strip center across from Orange Park Mall, near I295.
      1871 Wells Rd, Orange Park, FL 32073
      View Details
    • Contact for pricing

      Retail Spaces in Orange Park

      Retail spaces available at a high-traffic Orange Park location.
      8 Blanding Blvd, Orange Park, FL 32073
      View Details
    • Contact for pricing

      Retail Space in Orange Park

      Retail space available in a shopping center with ample parking.
      1472 Park Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing

      Retail Space Near Orange Park Mall

      Strip center space for rent near Orange Park Mall.
      195 Blanding Blvd, Orange Park, FL 32073
      View Details
    • Contact for pricing
      4,319 SF

      Retail Space on Blanding Blvd

      High-visibility retail space in a high-traffic area on Blanding Blvd.
      291-311 Blanding Blvd, Orange Park, FL 32073
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1740 Wls Rd
    Orange Park, FL 32073-2328
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1740 Wls Rd, Orange Park, FL, 32073
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!