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    Property profile & analytics

    2000 Town Ctr Blvd Fleming Island, FL 32003-6319

    • Office properties & Spaces
    • 85,312 SF
    • 15.21 lot acres
    OFF-MARKET
    Value Estimations
    $8,405,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4563767
    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.

    Current Use by Public Records

    • AT&T / Corporate Office

    Property Details for 2000 Town Ctr Blvd

    Year built
    2001
    Construction
    CONCRETE
    Lot size
    15.21 lot acres
    Property size
    85,312 SF
    Zone code
    PUD
    Property type
    Office properties & Spaces
    APN
    05-05-26-014266-020-00
    APU
    5052601426602000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,622,000
      Market price range: $8.62M - $21.9M
      AI Estimate
      $7,258,000
      Market price range: $3.67M - $20.9M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $13,665,000
      Current use
      WAREHOUSE, STORAGE
      $12,675,000
      Change: -7% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $12,575,000
      Change: -8% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fleming Island
    County
    Clay
    State
    Florida
    Longitude
    -81.7163
    Latitude
    30.0878
    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
    $247,504
    $3,312,005
    $6,907,995
    $10,220,000
    -
    $3,312,005
    $6,907,995
    $10,220,000

    Comparable in this City

    • Value Estimation
      $2,440,000
      23,412 SF

      4371 Us Hwy 17

      OFFICE (GENERAL) • 23,412 SF
      4371 Us Hwy 17, Fleming Island, FL 32003-4812
      View Details
    • Value Estimation
      $1,045,000
      9,498 SF

      1520 Business Ctr Dr

      OFFICE (GENERAL) • 9,498 SF
      1520 Business Ctr Dr, Fleming Island, FL 32003-9011
      View Details
    • Value Estimation by Request
      1,250 SF

      1845 Eastwest Pkwy Ste, Unit 18

      CONDOMINIUM OFFICES • 1,250 SF
      1845 Eastwest Pkwy Ste, Fleming Island, FL 32003-6408
      View Details
    • Value Estimation by Request
      1,250 SF

      1845 Eastwest Pkwy Ste, Unit 6

      CONDOMINIUM OFFICES • 1,250 SF
      1845 Eastwest Pkwy Ste, Fleming Island, FL 32003-6405
      View Details
    • Value Estimation
      $1,145,000
      5,994 SF

      4607 Us Hwy 17

      CONDOMINIUM OFFICES • 5,994 SF
      4607 Us Hwy 17, Fleming Island, FL 32003-8255
      View Details
    • Value Estimation by Request
      1,375 SF

      1835 Eastwest Pkwy Ste, Unit 12

      CONDOMINIUM OFFICES • 1,375 SF
      1835 Eastwest Pkwy Ste, Fleming Island, FL 32003-5310
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,440 SF

      Fleming Island Retail/Office Property

      7,440 SF retail/office property in high-growth Fleming Island, Florida.
      1915 E Pkwy West, Fleming Island, FL 32003
      View Details
    • $830,000
      2.00 Acres

      Waterfront Acreage on Fleming Island

      Rare opportunity to own waterfront acreage on Fleming Island.
      1570 Riv Rise Pt, Fleming Island, FL 32003
      View Details
    • Contact for pricing

      Fleming Island Outparcels Available

      Outparcels for sale in high-traffic Fleming Island location.
      2349 Village Square Pkwy, Fleming Island, FL 32003
      View Details
    • Contact for pricing

      Fleming Island Outparcels For Sale

      Outparcels available in high-traffic Fleming Island location.
      2349 Village Square Pkwy, Fleming Island, FL 32003
      View Details
    • Contact for pricing

      Fleming Island Outparcels For Sale

      Two outparcels in high-traffic area near hospital and shopping.
      2349 Village Square Pkwy, Fleming Island, FL 32003
      View Details
    • $260,000
      1,817 SF

      Renovated Townhome in Fleming Island

      Newly renovated 3-bedroom townhome with community amenities and convenient location.
      1500 Calming Water Dr, Fleming Island, FL 32003
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with tailored options for rent.
      1845 Town Center Blvd, Orange Park, FL 32003
      View Details
    • Contact for pricing
      4,620 SF

      Move-in Ready Medical Space

      Medical space for rent in Fleming Island medical campus.
      1675 Eagle Harbor Pkwy, Fleming Island, FL 32003
      View Details
    • $20 SF/Yr
      8,320 SF

      Fleming Island Office Building

      Prime Medical/Office Space Available
      4375 Us Highway 17, Fleming Island, FL 32003
      View Details
    • Contact for pricing
      1,275 SF

      Retail/Office Space on US Hwy 17

      Retail or office space available for rent on US Hwy 17.
      3555 Us Highway 17, Fleming Island, FL 32003
      View Details
    • Contact for pricing
      8,740 SF

      Medical Office Space For Rent

      Move-in ready medical office space near Hwy 17.
      1681 Eagle Harbor Pkwy, Fleming Island, FL 32003
      View Details
    • Contact for pricing
      4,088 SF

      Fleming Island Medical Office Space

      Class A medical office buildings in a growing community.
      4565 Fleming Island Dr, Orange Park, FL 32003
      View Details
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    2000 Town Ctr Blvd
    Fleming Island, FL 32003-6319
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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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