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Property profile & analytics
FOR LEASE
Outlet malls
700 Blanding Blvd Orange Park, FL 32065
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3506399
For Lease
1 / 3
Contact for pricing
700 Blanding Blvd, Orange Park, FL 32065
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
34,388 SF
Lot
15.35 ac (668,759 SF)
APN
13-04-25-020334-000-00
UPID
US18-3506399
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
-
Appliance Parts of Orange Park Big Box & Wholesale Store Electronics & Wireless Store
-
Honor Guards Of America Volunteer Organization Charitable Organization
-
UPS Authorized Shipping Outlet Courier Service Postal Service
-
Fortis College in Orange Park Vocational School Training Center
-
LINEBACKER FREIGHT, LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.98M
Comparable Approach
Comparable
$3.32M
Blend (final)
Blend
$4.71M
Owner & transaction history
Blanding Village I LLC · 4 yrs held
Blanding Village I LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.5M
+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%
$6,480,000
6.5%
$5,980,000
7%
$5,550,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,695,000
Current use
AUTO REPAIR, GARAGE
$6,475,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,510,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$5,110,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,070,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$4.71M
Range $4.23M – $5.18M · ±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
$137 / 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
$132,255
Tax year 2023
Assessed value
$8,710,000
Assessed 2023
Previous assessed
$8,710,000
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$4,714,471
Assessed improvement
$3,995,529
Land market value
$4,714,471
Improvement market value
$3,995,529
Total market value
$8,710,000
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
For Lease
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
OTHER
Buildings
5
Stories
2
Rooms
2
Total area
34,388 SF
Lot
15.35 ac (668,759 SF)
APN
13-04-25-020334-000-00
UPID
US18-3506399
Jurisdiction
CLAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$5.5M
WAREHOUSE, STORAGE
Est. value
$5.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
5
Rooms
2
Lot
15.35 ac
Current owner
From public records · entity-resolved
Blanding Village I LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1919 NE 45TH ST STE #214, FORT LAUDERDALE, FL 33308-5136
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jun 3, 2022
—
Blanding Village I LLC
—
Deed
related
$7,280,000 · South State Bank NA
May 31, 2022
—
Blanding Village I LLC
Blanding Village I LLC
Intrafamily Transfer
related
—
Dec 15, 2015
$9,550,000
Blanding Village I LLC
South Blanding Shops LLC
Grant Deed
related
—
Feb 2, 2015
$455,000
Gate Petroleum Co
South Blanding Shops LLC
Grant Deed
—
May 17, 2013
$250,000
East Coast Waffles INC
South Blanding Shops LLC
Grant Deed
—
Mar 16, 2010
—
South Blanding Shops LLC
—
Deed Of Trust
related
$5,499,500 · Manufacturers & Traders Trust
Sep 20, 2006
$7,500,000
South Blanding Shops LLC
Owner Name Unavailable
Warranty Deed
related
$9,750,000 · Manufacturers Traders & Trust
—
—
South Blanding Shops LLC
—
Loan Modification
related
$7,600,000 · Wilmington Trust 2014-ubs5 (ce
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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