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Property profile & analytics
OFF-MARKET
Estimated value
$5,915,000
Grocery and convenience stores
950 Blanding Blvd Orange Park, FL 32065-5910
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-0089875
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
66,164 SF
Lot
5.69 ac (247,856 SF)
APN
23-04-25-020665-001-00
UPID
US18-0089875
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
-
Center For Dental Excellence: Dentist, Periodontology Dental Office
-
I M C Telecommunications Service Data Center
-
Western Union Bank Credit Union
-
Leslie Watson Pharmacy
-
Erin Collins Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.92M
Owner & transaction history
Widewaters Orange Park Co LLC · 20 yrs held
Widewaters Orange Park Co LLC
since 2006
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
WAREHOUSE, STORAGE
$9,830,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,750,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$5.92M
Range $5.32M – $6.51M · ±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
$89 / 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
$84,255
Tax year 2023
Assessed value
$5,548,825
Assessed 2023
Previous assessed
$5,373,126
+3.3% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,859,093
Assessed improvement
$3,689,732
Land market value
$1,859,093
Improvement market value
$3,689,732
Total market value
$5,548,825
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
4
Total area
66,164 SF
Lot
5.69 ac (247,856 SF)
APN
23-04-25-020665-001-00
UPID
US18-0089875
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
WAREHOUSE, STORAGE
Est. value
$9.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.8M
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
4
Lot
5.69 ac
Current owner
From public records · entity-resolved
Widewaters Orange Park Co LLC
Entity
Mailing address
5786 WIDEWATERS PKWY, SYRACUSE, NY 13214-1865
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2024
—
Widewaters Orange Park Company LLC
—
Deed
related
$36,900,000 · Pnc Bank NA
Mar 27, 2017
—
Hart Centers Ix Ltd
—
Deed
related
$4,345,220 · City Nat'l Bk/fl
Jun 29, 2006
$7,909,200
Widewaters Orange Park Co LLC
Cove Development Partnership #1 Ltd
Special Warranty Deed
$5,650,000 · Wells Fargo Bank NA
Mar 21, 2006
$5,700,000
Cove Dev Ptshp 1 Ltd
Rowes Ents LLC
Grant Deed
$5,950,000 · Amsouth Bank
Aug 11, 2005
$2,408,300
Rowes Ents LLC
Albertsons INC
Grant Deed
$4,900,000 · Albertson's INC
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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