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Investment Highlights

  • Fronting Major Jacksonville MSA Retail Artery, Blanding Blvd 49,000 VPD
  • Established Commercial & Residential Use Nearby
  • Located at Corner of Blanding Blvd and Kingswood Ave
  • Seller Will Subdivide

Executive Summary

Marcus & Millichap is pleased to present the subject property, situated on the hard corner of Blanding Blvd and Kingswood Ave in Orange Park, Florida. This vacant site consists of approximately 2.92 acres and 540 feet of frontage on Blanding Blvd, a major retail artery in the Jacksonville MSA, with 49,000 Vehicles Per Day (VPD). This opportunity is ideal for quick-service single-tenant retail out parcels or multi-tenant retail development and has a five-mile radius population of 136,814. National tenant, Exalt Health, just acquired the neighboring 4.98 acres to the west and has broken ground on the construction of their hospital.

Data Room Click Here to Access

Property Facts

Price $3,561,246 CAD
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Carwash
  • Drugstore
Total Lot Size 2.92 AC
Zoning BB

1 Lot Available

Lot

Price $3,561,246 CAD
Price Per AC $1,219,604.77 CAD
Lot Size 2.92 AC

Seller will subdivide

Description

2.92 Acres of Retail Zoned Land on Blanding Blvd (Major Retail Artery)

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
40-04-25-020631-000-00
Land Assessment
$1,594,553 CAD
Improvements Assessment
$28,119 CAD
Total Assessment
$1,622,672 CAD
  • Listing ID: 33193806

  • Date on Market: 2024-09-16

  • Last Updated:

  • Address: 749 Kingswood Ave, Orange Park, FL 32065

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