1715 Village Way - Medical FOR SALE


Orange Park, FL 32073
$1,200,000 USD
904-878-9697
1715 Village Way, Orange Park, FL for Sale
$1,200,000 USD
Medical - FOR SALE
1/24
null | 7.52% Cap Rate

1715 Village Way
Orange Park, FL 32073


OVERVIEW

** UNDER MARKET VALUE ** - Immediate Pro Forma Upside: A leasable vacancy of 1,678 SF on the lower level provides a clear path to increase NOI to $131,299. At a conservative 7.5%–8.0% cap rate range, this stabilizes the asset's future value between $1.64M and $1.75M. - Strong Financials: Priced at an attractive $1,200,000, yielding a strong $90,300 Net Operating Income (NOI) at a competitive 8.0% cap rate. - ?Immediate cash flow is secured by an established medical tenant near HCA Florida Orange Park Hospital. - Stabilized Stream: Anchored by Florida Physician Specialist, LLC through late 2027 under a Triple Net (NNN) lease structure, minimizing landlord expense exposure. - Desirable Medical Zoning: Zoned CPO (Commercial Professional Office), making it ideal for medical, clinical, or professional services looking for a dedicated footprint.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

7.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1715 Village Way Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

CPO

APN/PARCEL ID

41-04-26-019509-000-00

ASK ABOUT THIS PROPERTY

Geo SamaLandmark Commercial Realty GroupMore Info
904-878-9697

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Geo SamaLandmark Commercial Realty GroupMore Info
904-878-9697

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.