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    FOR LEASE
    Drug stores

    800 N Orange Ave, Green Cove Springs, FL 32043

    12,363 SF 1.39 ac lot Built 2003
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US18-3783450
    Property summary
    AI-generated overview

    This exceptional 12,363-square-foot free-standing commercial building presents a unique investment opportunity in Green Cove Springs, Florida. Located at 800 N. Orange Ave, this single-tenant property boasts a highly visible location at a major lighted intersection on a main arterial highway, ensuring significant exposure. The building's zoning is commercial, allowing for a variety of uses. The property sits on a one-acre lot, providing ample space and potential for future development or expansion. The building is currently vacant, offering immediate occupancy for a new tenant. Its strategic location offers proximity to major retailers, enhancing its appeal and potential for high foot traffic. Furthermore, its advantageous position near the County Administration Building, Clay County Sheriff's Office, and St. Vincent's Emergency Medical Center provides convenient access to essential services and a strong anchor for the surrounding community. The asking rental rate is $24 per square foot, triple net (NNN). This property is an ideal choice for businesses seeking a high-visibility location with excellent accessibility and proximity to key community services in a thriving area of Green Cove Springs. The building's size and location make it suitable for a wide range of commercial enterprises. This is a rare opportunity to acquire a substantial, well-positioned commercial property in a rapidly growing market.

    Property profile
    Verified
    Property type Drug stores
    Use group DRUG STORE, PHARMACY
    Year built 2003
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 12,363 SF
    Lot 1.39 ac (60,548 SF)
    Zoning code GCC
    APN 38-06-26-017544-000-00
    UPID US18-3783450
    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
    • CDReload Instant Bitcoin Crypto Atm
    • MoneyGram Bank Credit Union
    • LibertyX Bitcoin ATM Atm
    • Coinhub Bitcoin ATM Teller Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.49M
    CAP Approach CAP
    $2.15M
    Comparable Approach Comparable
    $2.69M
    Blend (final) Blend
    $3.50M
    Owner & transaction history
    William E B K Welsh · 4 yrs held
    William E B K Welsh
    since 2022
    Last sale
    $4.0M
    5 recorded transactions
    2022
    2022
    $4.0M
    2021
    $3.2M
    2002
    $885,000
    1996
    $210,000
    Zoning & alternative use
    GCC · Green Cove Springs, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $3.2M +72.8%
    Medical building $3.2M +68.7%
    Commercial (general) $2.8M +47.2%
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    More about this property
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