New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Medical Office Space
304 Corporate Way Orange Park, FL 32073-2895
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3412952
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
WOOD
Total area
8,100 SF
Lot
2.47 ac (107,593 SF)
Zoning code
BA
APN
05-04-26-019825-191-00
UPID
US18-3412952
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
-
Southeast Veterinary Oncology and Internal Medicine - SEVOMED Veterinary Clinic
-
PetCure Oncology Jacksonville - Advanced Cancer Treatments for Cats & Dogs Veterinary Clinic
-
Veterinary Dental Specialties & Oral Surgery Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$1.66M
Owner & transaction history
Realty Income U S Core Plus 3 LP · 1 yrs held
Realty Income U S Core Plus 3 LP
since 2025
7 recorded transactions
Zoning & alternative use
BA · Orange Park, FL
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
$1,680,000
ML approach
$1,645,000
CAP Approach
CAP Return
Estimation
6%
$1,795,000
6.5%
$1,660,000
7%
$1,540,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,730,000
Current use
AUTO REPAIR, GARAGE
$1,525,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10%
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
$205 / 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
$25,862
Tax year 2023
Assessed value
$1,703,213
Assessed 2023
Previous assessed
$1,501,816
+13.4% YoY
Effective rate
1.52%
On assessed value
Assessed land
$395,433
Assessed improvement
$1,307,780
Land market value
$395,433
Improvement market value
$1,307,780
Total market value
$1,703,213
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
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
14
Total area
8,100 SF
Lot
2.47 ac (107,593 SF)
Zoning code
BA
APN
05-04-26-019825-191-00
UPID
US18-3412952
Jurisdiction
CLAY
Zoning & alternative use
BA · Orange Park, FL
Zoning BA · permitted uses
BA · Orange Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
14
Lot
2.47 ac
Current owner
From public records · entity-resolved
Realty Income U S Core Plus 3 LP
Entity
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2025
—
Realty Income U S Core Plus 3 LP
Realty Income Properties 13 LLC
Deed
—
Apr 8, 2022
$1,962,100
Realty Income Properties 13 LLC
Nva Re LLC
Special Warranty Deed
—
Apr 8, 2022
—
Nva Sevo Veterinary Management LLC
Reality Income Properties 13 LLC
Lease
—
May 21, 2021
$1,942,000
Nva Re LLC
Ladue & Meeks Properties LLC
Warranty Deed
—
Mar 21, 2017
—
Ladue & Meeks Properties LLC
—
Deed
related
$3,028,000 · Northeast Bank
Apr 25, 2007
—
Ladue & Meeks Properties LLC
—
Trustees Deed
related
$2,000,000 · Branch Banking & Trust Co
May 15, 2006
$430,000
Ladue & Meeks Properties LLC
Andrew Hopkins
Warranty Deed
$800,000 · Branch Banking And Trust Co
Jun 27, 2000
$545,000
Andrew L Hopkins
Hill,rebecca J & Leo B
Grant Deed
$400,000 · Amsouth Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 304 Corporate Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
