Entity Owned 
For Sale
1 / 2
$3,100,000
361 Blanding Blvd, Orange Park, FL 32073
View Listing →
Property summary
AI-generated overview
This freestanding retail building, totaling 25,719 square feet, presents a unique investment opportunity. Situated on a 2.28-acre lot at the high-traffic intersection of Blanding Boulevard and Kingsley Avenue in Clay County, this single-tenant property boasts ample parking (150 spaces) and prime pylon signage potential. The building features a versatile BB intermediate zoning designation and offers impressive ceiling heights—13'8" to the metal beams and 19'6" to the joists. Benefit from its strategic location near Orange Park High School (approximately 1,623 students), Orange Park Medical Center (365 beds and approximately 1,450 employees), and a major office corridor. This property is also within two miles of Orange Park Mall, home to anchor tenants such as AMC Theaters, Dick's Sporting Goods, and Belk. High daily traffic counts are a significant advantage: Blanding Boulevard sees approximately 72,500 vehicles daily, while Kingsley Avenue sees approximately 24,500. This property is available for sale or lease and offers exceptional visibility and accessibility for a wide range of retail businesses.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,662 SF
Lot
2.28 ac (99,186 SF)
Zoning code
BB
APN
07-04-26-013066-001-00
UPID
US18-3807758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
since 2022
Last sale
$2.1M
1 recorded transaction
Zoning & alternative use
BB · Orange Park, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.80M
Value range
$1.62M – $1.98M
±10% around blend
Estimated value / SF
$70 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
70
Income certainty
100
$1.62M
blend $1.80M
$1.98M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
25,662 SF
Lot area
2.28 ac
Year built
1976
Stories
1
APN
07-04-26-013066-001-00
Zoning
BB
Assessed value
$1,589,031
Annual tax
$24,128
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$24,128
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$4.51M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.2 mi away · 25,228 SF
10.5 mi away · 23,594 SF
10.6 mi away · 25,919 SF
12.5 mi away · 21,344 SF
15.8 mi away · 24,793 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.80M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 21 sales
$149
-53%
County 41 sales
$114
-39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $70/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
9.36%
Selected cap rate for this warehouses
Derived from the Orange Park market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.36%
9.0%
NOI (est.)
$290k *
Last sale · Nov 2022
$2.10M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.10M
Move the market yield to see immediate price impact.
Value / SF
$121
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.86%9.36%9.86%
$261k
$2.95M
$2.79M
$2.65M
$290k
$3.27M
$3.10M
$2.94M
$319k
$3.60M
$3.41M
$3.24M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$6.47M
9.9 mi · Oct 2025 · $311/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,128
Tax year 2023
Assessed value
$1,589,031
Assessed 2023
Previous assessed
$1,589,031
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$917,730
Assessed improvement
$671,301
Land market value
$917,730
Improvement market value
$671,301
Total market value
$1,589,031
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
6
Total area
25,662 SF
Lot
2.28 ac (99,186 SF)
Zoning code
BB
APN
07-04-26-013066-001-00
UPID
US18-3807758
Jurisdiction
CLAY
Zoning & alternative use
BB · Orange Park, FLZoning BB · permitted uses
BB · Orange Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Lot
2.28 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
BB
Jurisdiction
Orange Park, FL
Recorded code
BB
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
Get access to Data & Analytics
Choose membership plan that suits your needs
Unlock Full Report
$9
one-time
Single Property Report
Full report includes
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
MOST POPULAR
Professional Plan
$99
/mo
30 property reports a month.
Cancel anytime.
Cancel anytime.
Your membership includes
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Enterprise Plan
$299
/mo
300 property reports a month.
Cancel anytime.
Cancel anytime.
Your membership includes
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Unlock Light Report
Free
Confirm your email
and get 1 Light Report
and get 1 Light Report
Light report includes
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
Confirm your e-mail to get the report
