999 Blanding BlvdOrange Park, FL 32065

Property Details for 999 Blanding Blvd

Year built

1981

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.23 AC

Property size (Sq ft)

16,774 SF

Zone code

BA2

Property type

Retail properties

Property subtype

Strip malls

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.

• CAP approach

  CAP return

  Valuation

  6%

  $5,324,848

  6.5%

  $4,915,244

  7%

  $4,564,155

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,874,815

  Geo Method

  $2,874,815

• Alternative Use

  Use

  Valuation

  Residential

  $4,146,192

  Hospitality

  $3,797,890

  Educational

  $3,159,800

  Medical

  $3,268,470

  Retail

  $4,915,244

Location Insight

City

Orange Park

County

Clay

State

Florida

Latitude

30.1359

Longitude

-81.7765

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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