| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 60th | Good |
| Amenities | 36th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 573 Oakleaf Plantation Pkwy, Orange Park, FL, 32065, US |
| Region / Metro | Orange Park |
| Year of Construction | 2009 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
573 Oakleaf Plantation Pkwy Orange Park Multifamily Investment
Neighborhood occupancy is strong and renter demand is supported by higher local incomes, according to WDSuite’s CRE market data. For investors, this points to durable leasing fundamentals in a suburban node near Jacksonville.
This suburban Orange Park location posts near-full neighborhood occupancy and has been a consistent performer relative to national benchmarks. With an occupancy rank safely within the top quartile nationally (94th percentile), the area signals leasing stability and limited downtime between turns, based on CRE market data from WDSuite. Note that these occupancy indicators reflect the neighborhood, not the property.
The tenant base skews more owner-leaning, with roughly a quarter of housing units renter-occupied. For multifamily operators, that typically translates into steady but selective demand and the need for product differentiation to capture households that prefer professionally managed rentals. Median incomes in the neighborhood sit well above national norms, supporting the ability to sustain market-rate rents while maintaining retention.
Livability is defined by a family-oriented profile and school options that score in the top quartile nationally, which can support lease retention among household renters. Amenities are moderate overall: parks index above the national median, while cafes and pharmacies are thinner, consistent with a car-oriented suburban pattern. Grocery and restaurant access tracks near national medians.
Within a 3-mile radius, recent population and household growth, alongside gradually smaller average household sizes, point to a larger renter pool over time. For investors, that combination generally underpins occupancy stability and supports measured rent growth strategies without overreliance on concessions.
Safety trends compare favorably at the national level, with the neighborhood positioned above average nationwide (mid-60s percentiles) and showing a meaningful year-over-year improvement in violent offense rates. However, within the Jacksonville metro, the neighborhood ranks below the metro median on crime (ranked 33 out of 368), indicating relatively higher incident levels locally even as national positioning remains better than average. Use this contrast to calibrate risk management, property security, and leasing practices.
Proximity to major employers in downtown and Southbank Jacksonville supports commuter convenience and broad white-collar demand, including financial services and logistics. Notable nearby employers include Fidelity National Financial, Fidelity National Information Services, CSX, and Anixter.
- Fidelity National Financial — title & insurance (13.8 miles) — HQ
- Fidelity National Information Services — financial technology (13.8 miles) — HQ
- CSX — rail & logistics HQ offices (14.5 miles) — HQ
- Anixter — distribution & electrical supplies (19.5 miles)
This 96-unit Orange Park asset benefits from neighborhood occupancy that trends near full and income levels that support stable rent rolls. The submarket’s owner-leaning housing mix suggests steady, needs-based multifamily demand rather than churn-driven leasing, with household growth in the 3-mile radius expanding the renter pool and supporting long-term absorption. According to WDSuite’s commercial real estate analysis, these conditions are competitive versus national benchmarks and align with a durable, operations-focused hold.
Forward demand signals include continued population growth and smaller household sizes within 3 miles, which generally support lease retention and pricing power for well-managed properties. Execution should account for suburban amenity patterns and localized safety variation within the metro, balancing operational efficiency with targeted enhancements to drive sustained performance.
- Neighborhood occupancy in the top national quartile supports leasing stability
- Higher local incomes underpin rent levels and renewal capacity
- 3-mile radius shows population and household growth, expanding the renter pool
- Suburban amenity mix requires targeted positioning to capture selective demand
- Risk: crime ranks below the metro median, warranting calibrated security and leasing practices