625 Oak St Green Cove Springs, FL 32043-4313
- Office Properties & Spaces
- 1,421 SF
- 0.18 lot acres
Current Use by Public Records
- George B Wittmer Associates / Excavating Contractor
Property Details for 625 Oak St
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.18 lot acres
- Property size
- 1,421 SF
- Zone code
- RPO
- Property type
- Office Properties & Spaces
- APN
- 38-06-26-017508-000-00
- APU
- 38062601750800000
Description
This exceptional mixed-use commercial property, located at 625 Oak Street in Green Cove Springs, Florida, presents a unique investment opportunity. Built in 1960, this single-story building offers a total of eight rooms, perfectly suited for a professional practice. The property includes a dedicated receptionist area and a comfortable waiting room, ensuring a welcoming environment for clients. Recent upgrades include a fresh coat of paint, new plumbing piping, a new water heater, and updated bathroom fixtures, reflecting a commitment to modern functionality and aesthetics. Seven convenient parking spaces are located at the rear of the building, providing ample space for staff and clients. Accessibility features are in place to ensure compliance with ADA standards. The property's strategic location next to the Clay County Sheriff's substation and Kindred Hospital offers both security and proximity to essential services. Green Cove Springs is experiencing significant growth, with major development plans underway, including the nearby First Coast Expressway, making this an ideal location for a thriving business. The lot size is not currently specified. This is a rare chance to own a well-maintained commercial property in a rapidly developing area. The asking price is $295,500.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $145,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $205,000
- 6.5%
- $210,000
- 7%
- $210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $180,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $175,000
- Retail
- $185,000
- Mixed-Use
- $225,000
- Hospitality
- $230,000
- Educational
- $180,000
- Residential Income
- $190,000
- Energy
- $185,000
- Income-Based Land
- $210,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Green Cove Springs
- County
- Clay
- State
- Florida
- Longitude
- -81.6807
- Latitude
- 29.9885
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
