914 Orange AveGreen Cove Springs, FL 32043

Property Details for 914 Orange Ave

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.36 AC

Property size (Sq ft)

1,649 SF

Zone code

GCC

Property type

Office properties

Property subtype

Other office properties

APN

38-06-26-017619-000-00

APU

38062601761900000

Description

This exceptional mixed-use property at 914 N Orange Avenue in Green Cove Springs, Florida, presents a compelling investment opportunity. Located in Clay County (zip code 32043), this 1955-built commercial property boasts a highly desirable location directly across from the Green Cove Springs Courthouse and facing the new hospital construction site. This ensures unparalleled visibility and accessibility from Highway 17, a major thoroughfare. The property benefits from two large monument signs, strategically positioned to maximize exposure to traffic from both directions. The existing building comprises three spacious office suites, a welcoming waiting room and reception area, a public restroom for client convenience, and a private bathroom with shower for staff. While the lot size is currently unlisted, the strategic location and existing building infrastructure offer significant potential for various commercial uses. The asking price is $799,999. This property is ideal for investors seeking a high-traffic location with strong growth potential in a thriving community. The proximity to the courthouse and the new hospital guarantees a consistent flow of potential clients and employees. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $283,937

  6.5%

  $262,096

  7%

  $243,374

• Comparable approach

  Method

  Valuation

  Relative Method

  $112,148

  Geo Method

  $112,148

• Alternative Use

  Use

  Valuation

  Residential

  $324,998

  Hospitality

  $297,697

  Educational

  $247,680

  Medical

  $256,198

  Retail

  $385,280

Location Insight

City

Green Cove Springs

County

Clay

State

Florida

Latitude

30.0035

Longitude

-81.6858

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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