Property profile

327 Orange Ave Green Cove Springs, FL 32043

OFF-MARKET
Office Spaces
Property ID
US18-5041158
1,504 SF 0.61 ac lot Built 1949
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, situated at 327 N Orange Ave in Green Cove Springs, Florida, presents a compelling investment opportunity. Encompassing 1.221 acres of land zoned Gateway Commercial, this property features two existing free-standing retail buildings totaling 4,707 square feet. Building one offers approximately 2,157 square feet, while building two provides roughly 2,550 square feet of space. The property's strategic location at a well-lit intersection along Highway 17 ensures high visibility and accessibility. Convenient access points are available via Orange Avenue, North Street, Palmetto Avenue, and Gum Street, providing excellent ingress and egress for customers and employees. Ample parking is available on-site, catering to the needs of both tenants and patrons. This property is ideal for owner-users seeking a ready-made retail space or developers envisioning a redevelopment project. The asking price is $1,550,000. The property's size and location in the thriving Green Cove Springs market make it a highly attractive investment prospect. The existing buildings provide immediate income potential, while the zoning allows for a variety of future development options. This is a rare opportunity to acquire a significant commercial property in a rapidly growing area of Clay County, Florida. The 32043 zip code offers a strong demographic profile, further enhancing the property's investment appeal.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1949
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,504 SF
Lot 0.61 ac (26,600 SF)
Zoning code GCC
APN 38-06-26-017399-000-00
UPID US18-5041158

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

327 Orange Ave Green Cove Springs, FL 32043-2911
Green Cove Springs metro Census 31400 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$855k

Owner & transaction history

since 2024
Last sale
$1.4M
5 recorded transactions
2024
$1.4M
2021
$950,000
2007
$1.1M
1998
$435,000
1969
Price N/A

Zoning & alternative use

GCC · Green Cove Springs, FL
Zoning description

The gateway corridor commercial (GCC) district zoning category is intended for all property located in the gateway corridor and designated as CHI (commercial high intensity) and INS (institutional) on the future land use…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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