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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2050 Carnes St Orange Park, FL 32073-5481

    • Specialty properties
    • 1,200 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimations
    $260,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-9335640
    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

    • Waste Not Want Not Inc / Non-Profit Organization
    • Waste Not Want Not / Social Services Organization

    Property Details for 2050 Carnes St

    Year built
    1995
    Lot size
    0.62 lot acres
    Property size
    1,200 SF
    Property type
    Specialty properties
    APN
    41-04-26-019427-001-00
    APU
    41042601942700100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $260,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $385,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange Park
    County
    Clay
    State
    Florida
    Longitude
    -81.7097
    Latitude
    30.1643
    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
    $0.00
    $70,000
    $30,522
    $100,522
    -
    $70,000
    $30,522
    $100,522

    Comparable in this City

    • Value Estimation
      $255,000
      13.93 Acres

      1040 Kingsley Ave

      FUNERAL HOME • 13.93 Acres
      1040 Kingsley Ave, Orange Park, FL 32073
      View Details
    • Value Estimation
      $265,000
      1,954 SF

      1820 Smith St

      CHARITABLE ORGANIZATION • 1,954 SF
      1820 Smith St, Orange Park, FL 32073-4823
      View Details
    • Value Estimation
      $375,000
      4,878 SF

      179 Wls Rd

      CHARITABLE ORGANIZATION • 4,878 SF
      179 Wls Rd, Orange Park, FL 32073-3057
      View Details
    • Value Estimation
      $325,000
      5,468 SF

      423 Mcintosh Ave

      CHARITABLE ORGANIZATION • 5,468 SF
      423 Mcintosh Ave, Orange Park, FL 32073-4833
      View Details
    • Value Estimation by Request
      40,000 SF

      317 Blanding Blvd

      Churches & religious facilities • 40,000 SF
      317 Blanding Blvd, Orange Park, FL 32073
      View Details
    • Value Estimation
      $555,000
      14,881 SF

      529 Kingsley Ave

      CREMATORIUM, MORTUARY • 14,881 SF
      529 Kingsley Ave, Orange Park, FL 32073-4829
      View Details

    Similar Nearby for Sale

    • $5,693,062
      40,000 SF

      317 Blanding Blvd

      Churches & religious facilities • 40,000 SF
      317 Blanding Blvd, Orange Park, FL 32073
      View Details
    • $5,693,062
      40,000 SF

      Church Freestanding Building on Blanding

      40,000 SF church campus on 3.488 acres.
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    • Contact for pricing
      283,301 SF

      Prime Orange Park Industrial Facility

      283,301 SF Warehouse, Manufacturing, Distribution
      600 Wells Rd, Orange Park, FL 32073
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    • $925,000

      Orange Park Office Building Investment

      Four-unit office building, high occupancy.
      2301 Park Ave, Orange Park, FL 32073
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    • $1,500,000
      3,408 SF

      Orange Park Medical Facility

      Exceptional medical facility in Orange Park, Florida, with two units.
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    • $1,200,000
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      Commercial Land on Park Avenue

      Commercial land available on a high-traffic road in Orange Park.
      1103 Park Ave, Orange Park, FL 32073
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    Similar Nearby for Lease

    • Contact for pricing
      31,480 SF

      Kingsley Square Retail Space Available

      Orange Park Shopping Center Space for Lease
      2285 Kingsley Ave, Orange Park, FL 32073
      View Details
    • $13 SF/Yr
      20,620 SF

      Kingsley Ave Office Space for Lease

      Prime Orange Park Office, 1,000 sq ft available
      1279 Kingsley Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing
      21,904 SF

      Prime Medical Office Space in Orange Park, FL

      1,055-2,400 SF Medical Office Suites Available
      1871 Wells Rd, Orange Park, FL 32073
      View Details
    • Contact for pricing
      43,999 SF

      Prime Orange Park Retail Center

      Three-building retail center, two spaces available
      2146 Park Ave, Orange Park, FL 32073
      View Details
    • $15 SF/Yr
      900 SF

      Orange Park Medical Office Space

      900 sq ft, Single Tenant, Prime Location
      1329 Kingsley Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing
      4,919 SF

      Retail Space in Established Center

      Retail and restaurant spaces available in a high-visibility shopping center.
      2150-2186 Park Ave, Orange Park, FL 32073
      View Details
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    2050 Carnes St
    Orange Park, FL 32073-5481
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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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