800 N Orange Ave Green Cove Springs, FL 32043
- Drug stores
- 12,363 SF
- 1.39 lot acres
Current Use by Public Records
- CDReload Instant Bitcoin / Crypto Atm
- MoneyGram / Money Transfer Service
- LibertyX Bitcoin ATM / Atm
- Coinhub Bitcoin ATM Teller / Atm
Property Details for 800 N Orange Ave
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.39 lot acres
- Property size
- 12,363 SF
- Zone code
- GCC
- Property type
- Drug stores
- APN
- 38-06-26-017544-000-00
- APU
- 38062601754400000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,380,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,665,000
- 6.5%
- $3,705,000
- 7%
- $3,775,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,615,000
- Geo Method
- $4,185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,135,000
- Retail
- $4,580,000
- Mixed-Use
- $4,075,000
- Hospitality
- $4,045,000
- Educational
- $3,405,000
- Residential Income
- $3,520,000
- Energy
- $3,570,000
- Income-Based Land
- $4,510,000
- Food Service
- $4,425,000
Location Insight
- Map
- Local Demand
- City
- Green Cove Springs
- County
- Clay
- State
- Florida
- Longitude
- -81.6848
- Latitude
- 30.0027
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA