653 Kingsley AveOrange Park, FL 32073

  • Retail properties
  • 4,950 SF
For Sale
$1,495,000 View listing

Property Details for 653 Kingsley Ave

Year built
1981
Construction
STEEL FRAME
Lot size
0.64 AC
Property size (Sq ft)
4,950 SF
Zone code
CG
Property type
Retail properties
Property subtype
Retail space
APN
41-04-26-019404-000-00
APU
41042601940400000

Description

This exceptional mixed-use commercial property, located at 653 Kingsley Avenue in Orange Park, Florida, presents a unique investment opportunity. Built in 1981, this single-story building sits on a substantial 33,105.6 square foot lot (approximately 70' x 400'). The property boasts a versatile layout, combining approximately three-quarters of the space as climate-controlled office space and one-quarter as warehouse space (see detailed diagram in the property documents). The office area features central air conditioning, a kitchen/break room, and 8-foot ceilings. The warehouse section offers 13-foot ceilings, two 10-foot roll-up doors, and fluorescent lighting. Additional features include two bathrooms and an air compressor that remains with the property. Ample parking is available on the side and rear of the building. The property is zoned CG and is ideally situated in the heart of Orange Park, offering excellent visibility and accessibility. The asking price for this well-maintained commercial property is $1,495,000. This is a rare opportunity to acquire a versatile and well-located commercial property in a thriving Florida market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,571,360
    6.5%
    $1,450,486
    7%
    $1,346,880
  • Comparable approach

    Method
    Valuation
    Relative Method
    $848,357
    Geo Method
    $848,357
  • Alternative Use

    Use
    Valuation
    Residential
    $1,223,540
    Hospitality
    $1,120,756
    Educational
    $932,456
    Medical
    $964,524
    Retail
    $1,450,486
653 Kingsley Ave, Orange Park, Florida

Location Insight

City
Orange Park
County
Clay
State
Florida
Latitude
30.1664
Longitude
-81.7085
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
$7,835
$196,000
$253,776
$449,776
-
$196,000
$253,776
$449,776

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