2301 Park AveOrange Park, FL 32073

  • Office properties
  • 6,900 SF
For Sale
$925,000 View listing

Property Details for 2301 Park Ave

Year built
1976
Construction
WOOD
Lot size
0.00 AC
Property size (Sq ft)
6,900 SF
Property type
Office properties
APN
41-04-26-018963-030-00
APU
41042601896303000

Description

This exceptional one-story office building, situated on a 0.117-acre lot in desirable Orange Park, Florida, presents a compelling investment opportunity. Boasting 5,092 square feet of total space and 4,405 square feet of net rentable area, the property is currently 100% occupied with long-term leases in place, ensuring immediate and consistent cash flow. Built in 1976, the single-building property features four individual units, providing flexibility and potential for future growth. The asking price is $925,000, translating to a price per square foot of $181.66. Located at 2301 Park Ave #300, Orange Park, FL 32073 (APN: 41-04-26-018963-019-00), this property benefits from ample parking and its strategic location within the sought-after Orange Park area. The property's strong occupancy rate and long-term leases make it an attractive investment for those seeking a stable and profitable commercial real estate asset. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,490,055
    6.5%
    $1,375,435
    7%
    $1,277,190
  • Comparable approach

    Method
    Valuation
    Relative Method
    $469,269
    Geo Method
    $469,269
  • Alternative Use

    Use
    Valuation
    Residential
    $1,705,540
    Hospitality
    $1,562,265
    Educational
    $1,299,786
    Medical
    $1,344,488
    Retail
    $2,021,890

Location Insight

City
Orange Park
County
Clay
State
Florida
Latitude
30.1607
Longitude
-81.6999
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
$11,673
$324,000
$391,765
$715,765
-
$324,000
$391,765
$715,765

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