Technical
Financial
Distress signals
Property profile

950 Blanding Blvd Orange Park, FL 32065

OFF-MARKET
Retail space
Property ID
US18-6090822
23,545 SF 8.76 ac lot Built 1989
Individually Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The Village Shopping Center, located at 950 Blanding Blvd in Orange Park, Florida, presents a unique opportunity for businesses seeking retail or office space. This 72,511 square foot center, built in 2004, offers multiple tenancy options with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 5,000 square feet. Currently, 12,533 square feet are vacant and ready for immediate occupancy. The property sits on a 9.88-acre lot and boasts 314 parking spaces for ample customer and employee convenience. Strategically positioned on Blanding Boulevard, Orange Park's main retail corridor, the center benefits from high visibility with 63,000 vehicles passing daily. Multiple points of access are available via Blanding Boulevard, Cleveland Avenue, and Polk Avenue. The center is anchored by Publix and Bealls, providing strong synergy and significant foot traffic. Its location near major employers, including the Naval Air Station Jacksonville (21,900 employees) and Orange Park Medical Center (1,200+ employees), ensures a robust customer base. This prime commercial property in Clay County, Florida (zip code 32065) offers an exceptional opportunity for growth and success.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 23,545 SF
Lot 8.76 ac (381,776 SF)
Zoning code BSC
APN 23-04-25-020665-000-00
UPID US18-6090822

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Telecommunications Service Data Center
  • Bank Credit Union
  • Pharmacy
  • Pharmacy

Location

950 Blanding Blvd Orange Park, FL 32065-5910
Orange Park metro Census 30903 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.10M
Comparable Approach Comparable
$2.27M
Blend (final) Blend
$3.25M

Owner & transaction history

since 2009
4 recorded transactions
2009
Price N/A
2009
$5.9M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BSC · Orange Park, FL
Top alternative use upside
Auto repair, garage $4.4M +13.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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