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Property profile & analytics
FOR LEASE
Office Spaces
767 Blanding Blvd Orange Park, FL 32065
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-2643997
For Lease
$900/Mo
767 Blanding Blvd, Orange Park, FL 32065
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Construction
WOOD
Total area
14,081 SF
Lot
1.62 ac (70,455 SF)
Zoning code
BA
APN
24-04-25-020404-117-00
UPID
US18-2643997
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
-
Nspire Me Tees Clothing Store
-
Tera Firma Massage Spa Alternative Medicine Practice Spa & Massage Center
-
Hudgins Charles H DDS Dental Office
-
Byers Properties Inc Property Management Company Real Estate Agency
-
Jerry Cioffi Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$1.71M
Owner & transaction history
Cioffi Land Corp · 19 yrs held
Cioffi Land Corp
since 2006
3 recorded transactions
Zoning & alternative use
BA · Orange Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+17.6%
Retail stores
$2.3M
+3.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,255,000
Current use
AUTO REPAIR, GARAGE
$2,650,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$2,335,000
Change: +3% · Conversion: Easy
WAREHOUSE, STORAGE
$2,090,000
Change: -7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,075,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±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
$121 / 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
$16,399
Tax year 2023
Assessed value
$1,080,000
Assessed 2023
Previous assessed
$1,030,000
+4.9% YoY
Effective rate
1.52%
On assessed value
Assessed land
$631,620
Assessed improvement
$448,380
Land market value
$631,620
Improvement market value
$448,380
Total market value
$1,080,000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1984
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
12
Rooms
12
Total area
14,081 SF
Lot
1.62 ac (70,455 SF)
Zoning code
BA
APN
24-04-25-020404-117-00
UPID
US18-2643997
Jurisdiction
CLAY
Zoning & alternative use
BA · Orange Park, FL
Zoning BA · permitted uses
BA · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1984
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
12
Rooms
12
Lot
1.62 ac
Current owner
From public records · entity-resolved
Cioffi Land Corp
Entity
Mailing address
767 BLANDING BLVD STE #108, ORANGE PARK, FL 32065-5788
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2006
$1,200,000
Cioffi Land Corp
Armstrong,betty G
Warranty Deed
$960,000 · Armstrong Betty G Living Trust
Oct 15, 1998
$146,000
Betty G Armstrong
Scruby,frank M & Lorraine H
Grant Deed
—
—
—
Cioffi Land Corp
—
Deed Of Trust
related
$760,000 · Vystar Cu
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.
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?”
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