Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    999 Blanding Blvd Orange Park, FL 32065-7729
    Back to Search
    Property profile & analytics

    999 Blanding Blvd, Orange Park, FL 32065-7729

    View on Map
    • Strip malls
    • 16,774 SF
    • 1.23 lot acres
    Off-Market
    Property ID
    US18-0640554
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,475,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Insurance Place of Orange Park Inc. / Insurance Agency
    • Jose Barber Jax / Barber Shop
    • Worthmann Roofing and Gutters / Roofing Company / General Contractor
    • Body Language Beauty Bar / Spa & Massage Center / Skin Care Clinic
    • Famous Name Brands / Furniture & Home Goods

    Property Details for 999 Blanding Blvd

    Year built
    1981
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.23 lot acres
    Zone code
    BA2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    40-04-25-020650-001-00
    APU
    40042502065000100

    Description

    The Gates of Ridgewood, a vibrant shopping center in Orange Park, Florida, presents an exceptional opportunity for retail or restaurant businesses. This established center, totaling 16,596 square feet, comprises two buildings with eleven suites across a single story. Built in 1981 and fully renovated in 2016, the property boasts a prime location directly off Blanding Boulevard in Clay County (zip code 32065), ensuring high visibility and significant traffic flow. Currently, two available suites offer approximately 1,200 to 1,300 square feet each, ideal for a variety of retail concepts or restaurants. The property's strategic placement along Blanding Boulevard offers unparalleled access and exposure to a large customer base. This is a rare chance to secure space in a well-maintained, high-traffic retail center in a thriving Florida community. The property's recent renovation ensures modern amenities and a welcoming atmosphere for both tenants and customers. This is an excellent investment opportunity for businesses seeking a strong presence in a busy commercial area. Contact us today to learn more about leasing opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,813,000
      Market price range: $1.42M - $3.59M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orange Park
    County
    Clay
    State
    Florida
    Longitude
    -81.7765
    Latitude
    30.1359
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,936
    $856,304
    $213,696
    $1,070,000
    -
    $856,304
    $213,696
    $1,070,000

    Comparable in this City

    • Value Estimation
      $915,000
      8,932 SF

      105 College Dr

      SHOPPING CENTER, STRIP CENTER
      105 College Dr, Orange Park, FL 32065-9038
      View Details
    • Value Estimation
      $950,000
      10,000 SF

      821 Blanding Blvd

      SHOPPING CENTER, STRIP CENTER
      821 Blanding Blvd, Orange Park, FL 32065-8918
      View Details
    • Value Estimation
      $605,000
      6,875 SF

      400 Madison Ave

      SHOPPING CENTER, STRIP CENTER
      400 Madison Ave, Orange Park, FL 32065-7727
      View Details
    • Value Estimation by Request
      2,867 SF

      326 College Dr

      SHOPPING CENTER, STRIP CENTER
      326 College Dr, Orange Park, FL 32065-7604
      View Details
    • Value Estimation
      $2,695,000
      12,592 SF

      518 Hollyberry Ln

      SHOPPING CENTER, STRIP CENTER
      518 Hollyberry Ln, Orange Park, FL 32065-5290
      View Details
    • Value Estimation
      $4,900,000
      8,976 SF

      1115 Blanding Blvd

      SHOPPING CENTER, STRIP CENTER
      1115 Blanding Blvd, Orange Park, FL 32065-7755
      View Details

    Similar Nearby for Sale

    • $975,000
      9,650 SF

      Orange Park Commercial Property For Sale

      Commercial property in high-traffic area suitable for various applications.
      1017 Blanding Blvd, Orange Park, FL 32065
      View Details
    • $975,000
      9,650 SF

      Blanding Boulevard Mixed-Use Retail

      Commercial property in high-traffic area, suitable for various applications.
      1017 Blanding Blvd, Orange Park, FL 32065
      View Details
    • Contact for pricing
      2,571 SF

      Corner Retail Property in Orange Park

      Corner retail property with upgrades in fast-growing Orange Park, Florida.
      1313 Blanding Blvd, Orange Park, FL 32065
      View Details
    • $975,000

      Blanding Boulevard Commercial Property

      Mixed-use retail property on Blanding Blvd with conversion potential.
      1017 Blanding Blvd, Orange Park, FL 32065
      View Details
    • Contact for pricing
      12,989 SF

      Ladybird Academy NNN Opportunity

      NNN Ladybird Academy in Orange Park, Jacksonville MSA.
      1001 Oakleaf Plantation Pkwy, Orange Park, FL 32065
      View Details
    • Contact for pricing
      6,600 SF

      6,600 SF Flex Space Building

      6,600 SF flex space building for sale, divisible to 2,200 SF.
      151 College Dr, Orange Park, FL 32065
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,481 SF

      Retail Space in High-Traffic Area

      Retail space available in front of Walmart Supercenter.
      901 Blanding Blvd, Orange Park, FL 32065
      View Details
    • Contact for pricing
      31,762 SF

      Retail Space in South Blanding

      Anchor space available in a 108,805 SF shopping center.
      700 Blanding Blvd, Orange Park, FL 32065
      View Details
    • Contact for pricing

      Retail Space in Patel Plaza

      Retail space in a high-traffic area near major retailers.
      997 Blanding Blvd, Orange Park, FL 32065
      View Details
    • Contact for pricing

      Retail Space in Oakleaf Plantation

      Neighborhood shopping center space for lease in Orange Park, FL.
      1075 Oakleaf Plantation Pkwy, Orange Park, FL 32065
      View Details
    • Contact for pricing
      1,899 SF

      Retail Space on Blanding Blvd

      Retail space available in a rapidly growing area.
      1339 Blanding Blvd, Orange Park, FL 32065
      View Details
    • Contact for pricing

      Orange Park Retail/Office Opportunity

      Office or retail spaces available in Orange Park, Florida.
      104 College Dr, Orange Park, FL 32065
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    999 Blanding Blvd
    Orange Park, FL 32065-7729
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    999 Blanding Blvd, Orange Park, FL, 32065
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!