950 Blanding BlvdOrange Park, FL 32065
- Retail properties
- 23,545 SF
Property Details for 950 Blanding Blvd
- Year built
- 1989
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 8.76 AC
- Property size (Sq ft)
- 23,545 SF
- Zone code
- BSC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 23-04-25-020665-000-00
- APU
- 23042502066500000
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,474,278
- 6.5%
- $6,899,334
- 7%
- $6,406,524
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,035,264
- Geo Method
- $4,035,264
-
Alternative Use
- Use
- Valuation
- Residential
- $5,819,846
- Hospitality
- $5,330,948
- Educational
- $4,435,286
- Medical
- $4,587,822
- Retail
- $6,899,334
Location Insight
- City
- Orange Park
- County
- Clay
- State
- Florida
- Latitude
- 30.1383
- Longitude
- -81.7754
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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