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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Medical Office Space
275 Corporate Way Orange Park, FL 32073-7800
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3857386
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
STEEL FRAME
Total area
12,048 SF
Lot
1.33 ac (58,109 SF)
APN
05-04-26-019825-200-00
UPID
US18-3857386
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Affiliated Veterinary Specialists Veterinary Clinic
-
Matthew Lackey Veterinary Clinic
-
Animal Eye Clinic Veterinary Clinic
-
Animal Friends Dermatology Service Veterinary Clinic
-
Affiliated Veterinary Specs: Schmidt Bradley R DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.24M
Owner & transaction history
Adamec Wells Road LLC · 2 yrs held
Adamec Wells Road LLC
since 2023
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Orange Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,265,000
ML approach
$1,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.13M (Oct 23 2023)
Last sale anchor
$1.13M
Oct 23 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$103 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,502
Tax year 2023
Assessed value
$1,831,421
Assessed 2023
Previous assessed
$1,633,139
+12.1% YoY
Effective rate
1.50%
On assessed value
Assessed land
$334,150
Assessed improvement
$1,497,271
Land market value
$334,150
Improvement market value
$1,497,271
Total market value
$1,831,421
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
OTHER
Stories
1
Rooms
33
Total area
12,048 SF
Lot
1.33 ac (58,109 SF)
APN
05-04-26-019825-200-00
UPID
US18-3857386
Jurisdiction
CLAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
33
Lot
1.33 ac
Current owner
From public records · entity-resolved
Adamec Wells Road LLC
Entity
Mailing address
8909 BAYMEADOWS RD, JACKSONVILLE, FL 32256-7507
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
$1,125,000
Adamec Wells Road LLC
B & B Properties Of Orange Park LLC
Warranty Deed
—
Jan 4, 2011
—
Alternate Energy Technologies
B & B Gcs Jv
Grant Deed
$1,335,344 · Fifth Third Bank
Feb 5, 2009
$2,400,000
B & B Properties Of Orange Park LLC
Robert L Goring
Warranty Deed
$1,558,500 · Wachovia Commerical Mortgage INC
—
—
Alternate Energy Technologies
—
Deed Of Trust
related
$3,000,000 · Branch Banking & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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