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486 Blanding Boulevard

Parkers Kitchen Acquires Retail Property In Orange Park From Pedro Camejo For $3.45M
SOLDRetail

Parkers Kitchen Acquires Retail Property In Orange Park From Pedro Camejo For $3.45M

486 Blanding Boulevard & 2121 Constitution Drive

$3,450,000

$388/SF

Building Size

8,877 SF

Asset Type

Retail

Closing

Jan 5, 2026

AI

The retail asset involved in this transaction is located at 486 Blanding Boulevard & 2121 Constitution Drive in Orange Park. The sale price of the property was $3,450,000, with a total lot size of 67,168 square feet, resulting in a price per square foot of $51.

Summary of transaction details:

This transaction was facilitated by the involvement of Scott Giles, representing the buyer, Parkers Kitchen, while the seller, Pedro Camejo, was represented by Jonathan De La Rosa and Eduardo Toledo from Marcus & Millichap, highlighting the collaboration between the various parties in the deal.

Players

Jonathan De La Rosa

Marcus & Millichap

Broker

$659M

vol

145 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Pedro Camejo

Seller

$42.6M

vol

10 deals

Seller

Orange Park Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93