1956 Kingsley Ave Orange Park, FL 32073-4442
- Retail space
- 4,264 SF
- 0.44 lot acres
Current Use by Public Records
- Retail space
Property Details for 1956 Kingsley Ave
- Year built
- 1970
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.44 lot acres
- Property size
- 4,264 SF
- Property type
- Retail space
- APN
- 07-04-26-012913-001-00
- APU
- 7042601291300100
Description
This exceptional owner-user or investment opportunity presents 8,629 square feet of flexible commercial space at 1956 Kingsley Ave, Orange Park, FL 32073. Located directly across from HCA Florida Orange Park Hospital, this property boasts a prime location in a thriving business corridor with high traffic counts and excellent visibility. The building, constructed between 1980 and 1989, features 6,629 square feet of open showroom space, an additional 2,000 square feet of warehouse space, and a spacious mezzanine for storage, adding significant functionality. Its BA (Business Professional) zoning allows for a wide range of commercial uses, including medical offices, retail, and professional services. Situated on a 0.44-acre lot, the property offers ample parking. The asking price is $2,495,000, representing a price per square foot of $289.14 and a pro-forma cap rate of 8.67%. The property is currently vacant, with a pro-forma NOI of $216,329. This fee-simple ownership opportunity presents a strong investment potential in Orange Park's growing commercial market. Easy access to major roadways enhances its appeal. All reasonable offers will be considered.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $275,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $310,000
- Mixed-Use
- $250,000
- Hospitality
- $275,000
- Educational
- $285,000
- Residential Income
- $255,000
- Energy
- $325,000
- Income-Based Land
- $300,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Orange Park
- County
- Clay
- State
- Florida
- Longitude
- -81.737
- Latitude
- 30.1643
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA