807 Park AveOrange Park, FL 32073

Property Details for 807 Park Ave

Year built

1940

Construction

WOOD

Lot size

0.40 AC

Property size (Sq ft)

1,280 SF

Zone code

CG

Property type

Office properties

APN

41-04-26-018598-000-00

APU

41042601859800000

Description

This exceptional 1,280 square foot commercial space is ideally situated on a corner lot at the highly visible intersection of Park Avenue (US 17) and Loring Avenue in Orange Park, Florida. The property boasts a prime location with excellent visibility due to its corner placement and a lighted intersection. This single-tenant space is versatile, suitable for retail or office use, encompassing traditional, executive, and creative office subtypes. The property's address is 807 Park Avenue, Orange Park, FL 32073. Its strategic location on US 17 ensures high traffic exposure, with over 61,000 average annual daily traffic (AADT) vehicles passing by. This high volume of traffic translates to significant potential for business visibility and customer reach. The property offers a great opportunity for businesses seeking a high-traffic location with excellent signage opportunities to enhance brand awareness. The space is available for lease and is perfect for a business seeking a prominent location in a thriving area. Interested parties should schedule an appointment before contacting the tenant directly.

• CAP approach

  CAP return

  Valuation

  6%

  $276,416

  6.5%

  $255,153

  7%

  $236,928

• Comparable approach

  Method

  Valuation

  Relative Method

  $87,053

  Geo Method

  $87,053

• Alternative Use

  Use

  Valuation

  Residential

  $316,390

  Hospitality

  $289,812

  Educational

  $241,120

  Medical

  $249,412

  Retail

  $375,075

Location Insight

City

Orange Park

County

Clay

State

Florida

Latitude

30.1804

Longitude

-81.7011

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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