2620 Blanding Blvd Middleburg, FL 32068
- Strip malls
- 62,177 SF
- 6.40 lot acres
Current Use by Public Records
- Dalton's Sports Grill / Bar
- Denning’s Pharmacy / Pharmacy
- Mary O'hara / Occupational Therapist
- Dreamette Ice Cream Middleburg / Ice Cream Shop
- Big Cash Pawn / Jewelry Store / Loan Agency
Property Details for 2620 Blanding Blvd
- Year built
- 1987
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.40 lot acres
- Property size
- 62,177 SF
- Zone code
- BSC
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 14-05-24-006359-001-00
- APU
- 14052400635900100
Description
Middleburg Village Center, located at 2620 Blanding Blvd in Middleburg, Florida (zip code 32068), presents a compelling investment opportunity. This 51,100 square foot retail center sits on a 5.75-acre lot in Clay County and offers twelve available spaces ranging from 1,000 to 7,000 square feet. The property boasts a highly desirable location, situated at a well-lit intersection on heavily trafficked Blanding Boulevard. This ensures excellent visibility and accessibility for businesses. Its strategic placement between established anchors like Publix, AutoZone, and Mavis Tires & Brakes provides significant synergistic benefits and draws substantial foot traffic. The center underwent renovations in 2024, ensuring modern and updated facilities for tenants. The property's multiple tenancy structure offers flexibility for a diverse range of retail businesses. This prime retail space in a thriving neighborhood center represents a strong investment opportunity with significant potential for growth and return. The property's location in the bustling Middleburg area of Clay County, Florida, guarantees a steady stream of customers and high visibility. The recent renovations further enhance the property's appeal to potential tenants, making it an attractive option for investors seeking a stable and profitable retail investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,705,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,205,000
- 6.5%
- $5,860,000
- 7%
- $5,795,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,645,000
- Geo Method
- $6,005,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,880,000
- Retail
- $6,305,000
- Mixed-Use
- $4,905,000
- Hospitality
- $5,695,000
- Educational
- $5,870,000
- Residential Income
- $5,330,000
- Energy
- $4,930,000
- Income-Based Land
- $5,375,000
- Food Service
- $5,885,000
Location Insight
- Map
- Local Demand
- City
- Middleburg
- County
- Clay
- State
- Florida
- Longitude
- -81.8708
- Latitude
- 30.0659
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA