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Property profile & analytics
OFF-MARKET
Estimated value
$4,040,000
Outlet malls
510 Blanding Blvd Orange Park, FL 32073-6305
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2163967
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
28,785 SF
Lot
5.7 ac (248,289 SF)
Zoning code
BSC
APN
13-04-25-020303-007-00
UPID
US18-2163967
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
-
Liberty Center Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Quick-Tag (Bike/Boat/Book/etc) Store Pet Store & Service
-
Ross Dress for Less Clothing Store Department Store
-
Shoe Carnival Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
i.d. SPOT (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.01M
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$4.04M
Owner & transaction history
Standard Insurance Company · 2 yrs held
Standard Insurance Company
since 2023
7 recorded transactions
Zoning & alternative use
BSC · Orange Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.1M
+28.9%
Auto repair, garage
$5.4M
+13.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,420,000
6.5%
$5,005,000
7%
$4,650,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,770,000
Current use
MEDICAL BUILDING
$6,145,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,420,000
Change: +14% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,275,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,245,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$4.04M
Range $3.64M – $4.44M · ±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
$140 / 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
$75,770
Tax year 2023
Assessed value
$4,990,000
Assessed 2023
Previous assessed
$12,050,000
-58.6% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,657,147
Assessed improvement
$3,332,853
Land market value
$1,657,147
Improvement market value
$3,332,853
Total market value
$4,990,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
OTHER
Buildings
4
Stories
1
Units
1
Rooms
2
Total area
28,785 SF
Lot
5.7 ac (248,289 SF)
Zoning code
BSC
APN
13-04-25-020303-007-00
UPID
US18-2163967
Jurisdiction
CLAY
Zoning & alternative use
BSC · Orange Park, FL
Zoning BSC · permitted uses
BSC · 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
RETAIL STORES Current
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$5.4M
WAREHOUSE, STORAGE
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
1
Rooms
2
Lot
5.7 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Mailing address
10265 NE TANASBOURNE DR, HILLSBORO, OR 97124-7834
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2023
—
Standard Insurance Company
General Property Management LLC
Assignment Of Lease (leasehold Sale)
$5,000,000 · Standard Insurance Co
Apr 8, 2013
—
Liberty Center Land Trust
—
Deed Of Trust
related
$4,600,000 · Ing Life Ins & Annunity Co
Apr 20, 2010
—
State Of Florida Dept
Liberty Center Trust
Grant Deed
related
—
Jun 6, 2008
—
Liberty Center Land Trust
—
Grant Deed
related
$18,050,000 · Rbc Bank (usa)
Mar 24, 2008
—
Liberty Center Land Trust
Blanding Blvd Pip Ltd
Grant Deed
—
Sep 15, 2000
$850,000
Halco Restaurants Flordia INC
Blanding Crossings Associates
Grant Deed
$1,600,000 · Cnb National Bank
Sep 5, 2000
$900,000
Amsouth Bank
Blanding Crossings Assoc Ltd
Grant Deed
related
—
Jun 5, 2000
$3,856,100
Blanding Crossings Associates
Blanding Blvd Jacksonville Pip
Grant Deed
related
$9,500,000 · Mellon Bank
Oct 28, 1996
$2,900,000
M & M Realty INC
Gollden/jacksonville Co
Grant Deed
—
—
—
General Property Mgmt LLC
—
Loan Modification
related
$4,600,000 · Ing Life Ins & Annunity Co
—
—
General Property Mgmt LLC
—
Deed Of Trust
related
$8,280,000 · Rbc Bank (usa)
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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